{"id":1004652761,"date":"2023-03-21T03:11:00","date_gmt":"2023-03-21T11:11:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004652761"},"modified":"2023-03-21T04:13:07","modified_gmt":"2023-03-21T12:13:07","slug":"microsoft-backs-away-from-1-1-msf-seattle-area-expansion","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/microsoft-backs-away-from-1-1-msf-seattle-area-expansion\/","title":{"rendered":"Microsoft Backs Away From 1.1 MSF Seattle-Area Expansion"},"content":{"rendered":"
\"Microsoft<\/a>

Microsoft Redmond Main Campus \u2013 Redevelopment. Rendering courtesy of Microsoft<\/em><\/p><\/div>\n

In a move that\u2019s consistent with other recent retrenchments by the tech industry, Microsoft Corp<\/strong>. has withdrawn plans to expand its RedWest North campus in Redmond, Wash., the Puget Sound Business Journal<\/em> reported, based on public records.<\/p>\n

In the fall of 2021, Microsoft had filed a proposal with the City of Redmond to develop four buildings totaling more than 1.1 million square feet, plus an underground parking structure with a central plaza above, all on 26 acres at 14848 NE 51st St., adjacent to Route 520. Three five-story buildings on this RedWest South campus were to be accompanied by a three-story \u201camenity building\u201d with food venues and multi-purpose meeting rooms, with a direct connection to an outdoor terraced amphitheater.<\/p>\n

The PSBJ reported that it\u2019s not known whether Microsoft plans to continue development of this campus at a later time.<\/p>\n

\n

READ ALSO<\/strong>: Tech Layoffs\u2019 Impact on Office Leasing<\/a><\/p>\n

\n

The RedWest South expansion was cancelled as Microsoft is slowing its separate $5 billion redevelopment of its east campus, according to the PSBJ. That project reportedly is to encompass demolishing various older buildings and delivering 17 new ones by the middle of 2025.<\/p>\n

A Microsoft spokesperson informed the PSBJ that the company still intends to open the first of eight modernized buildings late this year.<\/p>\n

Tech slows down<\/h2>\n

Many tech companies have not done well since the pandemic\u2019s onset, with Amazon<\/strong>\u2019s ongoing trimming of its logistics space growth being a prime example.<\/p>\n

Microsoft is retrenching its office commitments, both across the Puget Sound region and much more widely, the PSBJ reported.<\/p>\n

For example, it will be declining to renew several office leases in Bellevue and Issaquah, Wash., through 2025. Further, Microsoft reportedly has ceased development of a 90-acre campus in Atlanta.<\/p>\n

Last summer, a Hines\u2013Invesco Real Estate joint venture sold Atlantic Yards<\/a>, a 523,511-square-foot campus in Midtown Atlanta, to Global Atlantic Financial Group, for an estimated $500 million. The property is fully leased to Microsoft.<\/p>\n","protected":false},"excerpt":{"rendered":"

Putting this project on hold is part of a larger pattern across the tech industry.<\/p>\n","protected":false},"author":882,"featured_media":1004455488,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,21742,21747,1610,15],"tags":[33865],"class_list":["post-1004652761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-latest","category-office","category-seattle","category-west","tag-microsoft"],"acf":[],"yoast_head":"\nMicrosoft Backs Away From 1.1 MSF Seattle-Area Expansion - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Microsoft Corp. has withdrawn plans to expand its RedWest North campus in Redmond, Wash., by more than 1.1 million square feet.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/microsoft-backs-away-from-1-1-msf-seattle-area-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Microsoft Backs Away From 1.1 MSF Seattle-Area Expansion\" \/>\n<meta property=\"og:description\" content=\"Microsoft Corp. has withdrawn plans to expand its RedWest North campus in Redmond, Wash., by more than 1.1 million square feet.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/microsoft-backs-away-from-1-1-msf-seattle-area-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-21T11:11:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-21T12:13:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/a8febfc578b508e5ed1a8b8d54b27cc4-3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/microsoft-backs-away-from-1-1-msf-seattle-area-expansion\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/microsoft-backs-away-from-1-1-msf-seattle-area-expansion\/\",\"name\":\"Microsoft Backs Away From 1.1 MSF Seattle-Area Expansion - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/microsoft-backs-away-from-1-1-msf-seattle-area-expansion\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/microsoft-backs-away-from-1-1-msf-seattle-area-expansion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/a8febfc578b508e5ed1a8b8d54b27cc4-3-e1726745176485.jpg\",\"datePublished\":\"2023-03-21T11:11:00+00:00\",\"dateModified\":\"2023-03-21T12:13:07+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555\"},\"description\":\"Microsoft Corp. has withdrawn plans to expand its RedWest North campus in Redmond, Wash., by more than 1.1 million square feet.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/microsoft-backs-away-from-1-1-msf-seattle-area-expansion\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/microsoft-backs-away-from-1-1-msf-seattle-area-expansion\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/microsoft-backs-away-from-1-1-msf-seattle-area-expansion\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/a8febfc578b508e5ed1a8b8d54b27cc4-3-e1726745176485.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/a8febfc578b508e5ed1a8b8d54b27cc4-3-e1726745176485.jpg\",\"width\":798,\"height\":600,\"caption\":\"Microsoft Redmond Main Campus \u2013 Redevelopment. 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