BELLEVUE, Wash., May 15 /PRNewswire/ — When Elizabeth Arden opened her signature Red Door Spa in New York City a century ago, it was a first in the world of beauty. Miss Arden introduced the day spa, and eventually established the country’s first destination resort spas. No less a beauty pioneer today, the namesake company is bringing its first Elizabeth Arden Red Door Spa to the Pacific Northwest.

In 2009, the company will open only its second West Coast location at The Bravern, a 1.6 million square foot development in downtown Bellevue, WA, featuring a distinctive outdoor shopping village, residential condominiums and office space. The spa joins a star-studded line-up of “firsts” for The Bravern, including the Northwest’s first Neiman Marcus, DavidBartonGym and Jimmy Choo boutique.

Elizabeth Arden Red Door Spa at The Bravern will feature nine treatment rooms together with top of the line manicure stations, pedicure thrones and a hair, color and styling salon complete with men’s and women’s spa locker and relaxation areas. The 6,000+ square foot state-of- the-art facility will offer a complete menu of day spa services including the Red Door Spa signature skincare, massage and body treatments, nail services, hair styling, makeup artistry and more. As the industry leader in the day spa world, Red Door Spa Holdings currently owns and operates more than 50 full-service day spas and salons throughout the United States and in London.

Elizabeth Arden Red Door Spa CEO Todd Walter echoed comments by other tenants when discussing the company’s reasons for selecting the project for its first Pacific Northwest location. “The Bravern offers an elegant and vibrant environment with a first class retail, residential and office component. We look forward to providing the discerning and professional customer who chooses to live, work and play in Bellevue with a high end, “best of class” day spa experience,” said Mr. Walter. “That, in combination with a collection of the world’s finest fashion retail and Bellevue’s strong demographics, was a major reason for our selection of this project.”

“Elizabeth Arden Red Door Spa is synonymous with the best in beauty and personal service and will be a wonderful complement to The Bravern and reflect our commitment to creating an experience that is second to none,” said Tom Woodworth, senior investment director for Schnitzer West, developer of The Bravern.

Schnitzer West also announced that Bank of America will locate a full-service branch in the project, housed in a 4,700 square foot space facing NE Sixth Street adjacent to the Wild Ginger restaurant. The bank plans to locate an ATM along NE 8th Street to address shoppers, residents and office workers daily needs.

Currently under construction and scheduled for completion in 2009, The Bravern’s vibrant urban village will feature a distinctive outdoor setting, with gracious arrival courts and European-style piazzas. It will include approximately 305,000 square feet of fashion-leading retail and restaurants anchored by a 125,000-square-foot Neiman Marcus, 455 signature residences in two elegant condominium towers and two office buildings, which have been fully leased to Microsoft. When finished, the five-acre site will accommodate 2,300 Microsoft employees, approximately 1,000 homeowners and employ between 300 and 500 staff among the retail shops and services. The project also will include a 35-acre subterranean parking garage with 3,100 stalls.

About Schnitzer West

Schnitzer West, LLC is one of the West Coast’s fastest growing real estate investment, development and property management companies. Founded in 1997 by managing investment partner Dan Ivanoff of Seattle and Schnitzer Investment Corp of Portland, the company has built a successful track record in the commercial, retail and multi-housing markets though product innovation, disciplined management and investment expertise. The firm has developed approximately 2.5 million square feet of Class A office and suburban office, flex and bio-tech space and luxury multi-family apartment units in the Seattle and Portland markets. Additionally, Schnitzer West has acquired and repositioned approximately 1.0 million square feet of commercial product. Currently Schnitzer West has 3.7 million square feet of office, of which over 50% is leased, 2.2 million square feet of industrial, 305,000 square feet of upscale retail and over 1,100 residential condominiums under development, as well as 2.5 million square feet of office, retail, industrial and bio-tech under management. Building on its success in the Northwest, Schnitzer West is actively expanding to other growing regions in the Western U.S., including Denver, San Francisco and Southern California.

Contact Margaret Nicoll, 425.451.4387, margaret@gruman-nicoll.com or Tami Elwin, telwin@schnitzerwest.com

Source: Schnitzer West, LLC

CONTACT: Margaret Nicoll, +1-425-451-4387, margaret@gruman-nicoll.com,
for Schnitzer West, LLC, or Tami Elwin of Schnitzer West, LLC,
telwin@schnitzerwest.com

 

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