SECO’s Southport has expanded with two new land acquisitions.
The company, set to bring the tech boom to Renton’s Lake Washington shores, is continue to develop the area. One acquisition being in part of creating more access to the hotel, residential and office space, and the other to develop a property next to the anticipated Topgolf.
The city and SECO are working to create a second access point to the development by extending Park Avenue North into the site. SECO has just purchased the property along the expected access area from Puget Sound Energy. Once the road project is complete on the city’s side, SECO will start working on the access point on its property.
The city hopes to begin the Park Avenue North extension this year. The project would construct a pedestrian sidewalk below an existing trestle bridge, a railroad crossing. According to city documents, SECO would then extend Park Avenue with a private road to the parking garage tunnel on the Southport office site. The private portion of the road would have a minimum of one lane in each direction, sidewalk and streetlights.
In late 2019 SECO also acquired about five acres of properties next to the planned Topgolf. SECO Vice President of Planning and Development Rocale Timmons said they are still in the conceptual stage and do not have a intended use for the site, but that SECO is excited to extend the village they have in the existing 17 Southport acres.
In February, the company received its occupancy certificate from the City of Renton for office tower three, getting it prepared to receive tenants. Timmons said there is growing interest in the currently vacant three towers of office space, but said SECO is under a nondisclosure agreement with a prospective tenant which makes her unable to discuss the timeline or progress with filling the towers.