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Awards Criteria

Do you have a great project or company to nominate? Make sure they:

  • Completed project(s) between June 2017 and September 2018. Temporary Certificate of Occupancy or Substantial completion must be achieved prior to 10/1/2018. 
  • Are private-sector project(s). Projects developed with public funding or sponsored by public entities are ineligible for nomination.
  • Have at least one NAIOP Washington State member on the team, which shouldn't be hard. We have more than 950 members and are the 4th largest chapter nationwide. Click here to see a listing of NAIOP Washington State member companies.
  • Nominate the project only in one (1) award category. There is no limit on the number of nominations from an individual; however, a project can only be nominated in one category. A nominated project also can be listed in the Developer of the Year for a firm.

Each private sector category will be judged based on the following criteria. Please note, NAIOP Washington State reserves the right to re-assign nominations and create new award categories. 

2018 People's Choice Award

This year, the commercial real estate community will choose to elevate and celebrate one project that represents best-in-class development in Puget Sound. The gallery with public voting will be online from September 19 through October 12. Note: Developer of the Year and Deal of the Year nominations are excluded from this award. All other projects are eligible. You may vote for one project per day. Don't miss your opportunity to be a judge!

Developer of the Year

This award recognizes an individual or company in the commercial real estate arena that has made significant contribution to a successful development project or projects over the last year in a manner that makes them stand out among their peers. This award seeks to honor a special achievement or a pattern of noteworthy achievements worthy of the respect of industry peers. Judges will evaluate aspects such as, but not limited to, volume and complexity of projects, risk factor, contribution to community and/or industry, setting new industry standards, and overall quality of projects. Nominations for Developer of the Year can include up to four (4) projects in the firm nomination. Firms are eligible to win Developer of the Year twice during a five-year period. 

Criteria Maximum Points
Volume & Complexity 20
Risk Factor 20
Contribution to the Community/Industry  20
Quality/Setting New Standards 20
Judges' Discretion 20

Deal of the Year     

This award recognizes a real estate transaction or development project team who demonstrated creativity in addressing items important to the successful completion of a transaction or project. Judges will evaluate aspects such as, but not limited to, financial, partnering and schedule complexities, and overall risk and reward.

Criteria Maximum Points
Financial Complexity 20
Partnering Complexity  20
Schedule Complexity 20
Risk & Reward 20
Judges' Discretion 20

High-Rise Residential, Hospitality Development, Industrial Development, Mixed-Use Development, Multi-Family Residential, Office Development, Office Interiors, Redevelopment/Renovation, Retail Development, Technology/Life Science Development of the Year

These award categories recognize a development that exhibits a development team’s commitment to an outstanding quality product, success in the marketplace, and uniqueness in design of a project. Judges will evaluate aspects such as, but not limited to, project concept and design, tenant benefits, amenities, accomplishment of overall development goals, sustainability, degree of difficulty, and innovation.

  • Mixed-Use Development must satisfy the characteristics outlined in the ULI's Mixed-Use Development Handbook, Second Edition
    • three or more significant revenue-producing uses (such as retail/entertainment, office, residential, hotel, and/or civic/cultural/recreation) that in well planned projects are mutually supporting;
    • significant physical and functional integration of project components (and thus a relatively close-knit and intensive use of land), including uninterrupted pedestrian connections; and
    • development in conformance with a coherent plan (that frequently stipulates the type and scale of uses, permitted densities, and related items).
  • Multi-Family Residential may include low-rise and garden style developments; single family residences do not apply. 
  • Redevelopment/Renovation may include both core and shell and interior-only upgrades. 
  • Technology/Life Sciences Developments may include both core and shell and interior-only projects in healthcare, data centers, and other technology-related projects. 
Criteria Maximum Points
Concept/Design 20
Benefits/Amenities 20
Difficulty/Achievement of Goals  20
Sustainability/Innovation 20
Judges' Discretion 20

Community Impact of the Year

This award recognizes a project, person or group that made a significant impact on the community in which it is located or in which they have worked. Volunteers will evaluate elements such as, but not limited to, the significance of the short-term and projected long-term impacts on the community including jobs, social benefits, and environmental and physical amenities.

Criteria Maximum Points
Concept/Design 20
Benefits/Amenities 20
Difficulty/Achievement of Goals  20
Sustainability/Innovation 20
Judges' Discretion 20

NAIOP Washington State may add, amend, or drop categories based on nominations received. Please contact Peggi Lewis Fu at peggi@naiopwa.org or 206-512-8915 with questions or to discuss a project category other than those listed above.