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Our Programs:

Investments in housing and community development
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Advisory support for community and economic development
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NDC has forged a unique form of public-private partnerships to produce more than $2.0 billion of projects for local governments and non-profit and public institutions. View the highlights of our project portfolio here. Download the program brochure.

Center for Urban Watersnorthwestview_boat_web
Tacoma, Washington

  • 41,000 sq. ft. of office space; 10,000 square feet of lab space
  • Designed to LEED Platinum specifications
  • Financing: 63-20 bonds
  • Bond issue: $37,840,000

 

BioProducts, Sciences and Engineering Laboratoryrichand_ext_web
Washington State University, Richland

  • 57,000 sq. ft. bioscience research laboratory
  • Contains both classrooms and teaching laboratories
  • Houses faculty, their research labs and space for graduate student research
  • Financing:  501(c)(3) bonds
  • Bond issue: $13,055,000

 

FYI Propertiesrendering_blog
King County, Washington

  • 199,000 sq. ft. office complex, a 110,000 sq. ft. data center
  • 300 space underground parking garage with 35 above ground stalls
  • Financing: 63-20 bonds
  • Bond issue: $305,000,000

 

Public Parking Facilityvolusia_ext_web
Volusia County, Florida

  •  1,500-space public parking facility
  • Preserved County’s debt capacity for other municipal projects
  • Anchored major community development effort
  • Financing:  501(c)(3) bonds

 

Rainier Placerainier_ext_web
Edmonds Community College

  • Four story, 181 bed student housing project
  • First on-site student housing project for Edmonds Community College
  • Leased to capacity
  • Financing: 501(c)(3) bonds
  • Bond issue: $16,155,000

 

NJB Propertiesnjb_ext_web
King County, Washington

  • 440,000 sq. ft. medical office building
  • LEED Silver (pending)
  • Erased a $30,000,000 project overrun on previous GC-CM process
  • Financing: 63-20 bonds
  • Bond issue: $189,720,000

Chinook Building
King County, Washingtongoat_hill_web

  • 295,000 sq. ft. King County municipal office building with detached 817-space parking garage
  • Significantly reduced the development timeline and development budget
  • Financing:  63-20 bonds
  • Bond issue: $101,035,000
  • LEED Gold – shell and core (pending)
  • LEED Platinum – interior (pending)

 

Public Library and Board of Education
Yonkers, New Yorkyonkers-completed-014_web

  • 200,000 sq. ft. municipal library and board of education offices
  • Winner of Phoenix Brownfield Redevelopment of the Year
  • International  Economic Development of the Year Winner
  • Solution to a 20-year struggle to build the Yonkers Public Library
  • Financing:  501(c)(3) bonds

4545 Building
University of Washington, Seattle4545_ext_web

  • 71,351 sq. ft. University of Washington data center
  • Acquisition
  • Financing allowed the University to meet a rigid acquisition timeline
  • Financing:  63-20 bonds
  • Bond issue: $17,525,000

Nordheim Courtnordheim_web1
University of Washington, Seattle

  • 460-bed, 146-unit University of Washington student housing project
  • 18-month development timeline resulted in 20 percent cost savings
  • Financing:  63-20 bonds
  • Bond issue: $34,085,000

 wbrpii_ext_web

Washington Biomedical Research Project Phase II
University of Washington, Seattle

  • 300,000 sq. ft. biomedical research laboratory for the University of Washington School of Medicine
  • 15 percent estimated cost savings
  • Financing:  501(c)(3) bonds
  • Bond issue: $159,465,000

Brotman Building (Washington Biomedical Research Project Phase I)wbrpi_ext_web
University of Washington, Seattle

  • 105,000 sq. ft. biomedical research laboratory for the University of Washington School of Medicine
  • Rehabilitation
  • Cost savings of 10 to 20 percent
  • Financing:  501(c)(3) bonds
  • Bond issue: $38,225,000

Redmond City Hall
Redmond, WAredmond_web

  • 107,000 sq. ft. city hall with 453-space detached parking structure
  • Cost savings from development approach helped justify the decision to build
  • LEED Silver (pending)
  • Financing:  63-20 bonds
  • Bond issue: $39,230,000

Edna Lucille Goodrich Buildinggoodrich_ext_web
State of Washington

  • 200,000 sq. ft. State of Washington office building with surface parking for 670 cars
  • Significantly shortened the development process resulting in cost reduction
  • Financing:  63-20 bonds
  • LEED Gold
  • Bond issue: $56,805,000

Wesley Apartmentswesley_ext_web
Seattle Pacific University

  • 156-bed, 40-unit Seattle Pacific University student housing project
  • Privately-built and financed University housing on University-leased land
  • 18 months from concept to occupancy
  • Financing:  501(c)(3) bonds
  • Bond issue: $10,745,000

Patricia Bracelin Steele Buildingsteele_ext_web
King County, WA

  • 156,800 sq. ft. medical office building with 198 underground parking stalls
  • Tenant — King County  Harborview Medical Center
  • Significantly reduced the development timeline
  • Financing:  63-20 bonds
  • Bond issue: $62,540,000

 issaquah_trench_web

Issaquah Highlands
King County, WA

  • Construction of a regional water line
  • Reduced the development costs and shortened the development timeline
  • Financing:  63-20 bonds
  • Bond issue: 63,500,000

Pacific Place Parking Garagepacific_place_web
Seattle, WA

  • 1,200-space parking garage
  • Anchored a $400 million downtown Seattle development project
  • Financing:  501(c)(3) bonds
  • Bond issue: $47,000,000

Commodore Duchess Apartments
University of Washington, Seattlecommodore_duchess_web

  • Rehabilitation of a 139-unit student housing project for the University of Washington
  • 50 percent cost savings over University estimates
  • Financing:  63-20 bonds
  • Bond issue: $7,385,000

King Street Center
King County, WAksc_new_web

  • 327,000 sq. ft. municipal office building for King County
  • LEED Gold
  • 2005 International Office Building of the Year for outstanding government building by the Building Owners and Managers Association
  • Saved two years in County development process
  • Financing:  63-20 bonds
  • Bond issue: $78,275,000

4225 Roosevelt4225_roosevelt_web
University of Washington Seattle

  • 127,717 sq. ft. medical office building
  • Acquisition and modest rehabilitation
  • Allowed the University of Washington to acquire leased space and stabilize its occupancy costs
  • Financing:  63-20 bonds
  • Bond issue: $29,858,000

Lake Tapps Parkwaylake_tapps_web
Pierce County, WA

  • Allowed Pierce County the opportunity to complete a major roadway, parks and storm water sewer without issuing municipal debt
  • Financing:  63-20 bonds
  • Bond issue:  $17,000,000

Radford Courtradford_court_web
University of Washington Seattle

  • 399-unit University of Washington married student housing project
  • Allowed for the development of student housing without University debt
  • 2002 AIA Housing PIA award
  • Saved two years in development process
  • Financing:  63-20 bonds
  • Bond issue: $53,125,000