2019 Skyline Awards, Industrial: Georgetown Crossroads

Georgetown Crossroads takes gold in the Industrial category
INVESTING. Prologis Senior Vice President and Market Officer for Seattle Rick Kolpa is helping to re-create the future of warehousing.

This article appears in the September 2019 issue. See more about the winners of the 2019 Skyline Awards here. Click here for a free subscription.

Georgetown Crossroads
6050 E. Marginal Way S., Seattle

Modern warehouse, distribution and logistics centers are always one story, right? Not according to Prologis, whose 590,000-square-foot Georgetown Crossroads project features not one but two stories of truck-accessible loading docks as well as a third-floor maker space suitable for light manufacturing, offices and labs.

Billed as the nation’s first multi-story warehouse building, Georgetown Crossroads (located at the convergence of multiple freight corridors) replaced a one-story, 50-year-old building. E-commerce’s increasingly rapid growth means urban warehouses are more important than ever as customers demand timely delivery and companies seek to reduce transportation costs. It was, said one judge, “an innovative and unique solution to the rising land prices in the close-in market of Seattle. It takes advantage of superior location to the Port of Seattle while offering the most current amenity package available to the discerning industrial user.”

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