Item No.: 10c_supp Date of Meeting: April 28, 2026 FT C-15 Building Improvements Commission Construction Funding Request PN: N10301, CIP: 801096 April 28, 2026 Rod Jackson/ Jessica Carlson Overview • Project Information • Project Scope • SEF (Sustainable Evaluation Framework) • Cone of Certainty • Schedule 2 Project Information C15 is the centerpiece of Fishermen's Terminal and includes: • A waterfront plaza, Port of Seattle offices, tenant office space, restaurants, and stores. The multi-use building is operational 7 days a week. Project details: • Sponsors: Jennifer Maietta, Director RE Asset Management and Jessica Carlson Senior Real Estate Manager • Current Estimated Project Cost: $17,267,000 • Current Estimated Construction Cost: $16,467,000 • Previously Requested Authorization: $800,000 for Seed money and Design TODAY'S REQUEST: • Request Commission authorization for the Executive Director to approve funding to advertise and execute a major public works construction contract for the completion of the Fishermen's Terminal (FT) C-15 Building Improvements Project. This request is in the amount of $16,467,000 for a total estimated project cost of $17,267,000. 3 • • • • • • • • • • • Roof overlay and insulation Gutters, rooftop vents Solar panels Cladding and insulation Update storefront doors and thresholds Triple pane windows Tower structure repairs Removable mechanical well roofs Art - Mary Coss - Neon Rope RGB LED and plaza lighting Bike lockers, community board, and picnic tables • Biofiltration planters and oyster barrels. • Compliance with State and City building energy codes. Project Scope Architectural Rendering of C-15 with Solar Panels and New Facade 4 Sustainable Evaluation Framework • Building Energy - Rooftop solar • 10-20% of building energy use • ROI 10 years • Lifetime Carbon Reduced: 96 tCO2e • 170,000 kWh produced annually - Cladding, insulation, LED lighting, triple pane windows, exterior sunshades • 46% building energy use reduction • ROI: 40 years • Lifetime Carbon Reduced: 955 tCO2e Waste Salvage windows and metal siding (11.5 tons) Stormwater Install above-code stormwater treatment on downspouts Materials Procure select red list free materials Equity Improve plaza lighting Keyless bike lockers Community board Picnic tables Update doors and thresholds for accessibility Note: Estimates are all rough-order-magnitude based on preliminary pre-design assumptions 5 Cone of Certainty We are here 6 Preliminary Schedule Commission Authorization - Construction Notice to Proceed In-use date April 28, 2025 2026 Quarter 4 or 2027 Quarter 1 2027 Quarter 4 7 Questions? Questions? 8