Building community from the ground up.


When we commit to a project, we commit to transformation. Our development projects produce dynamic change for the neighborhoods we serve, renewing city blocks, connecting people in suburban town centers, and energizing transit hubs.

Our reputation for excellence in redeveloping historic assets reaches back to our first years, when we successfully renovated the landmark Joshua Green Building. With our acquisition of Seattle-based Touchstone in 2014, we offer even more expertise in innovative new construction practices and ground-up development. No matter what the project, we work hard to exceed our objectives, deliver on time and on budget, and manage risk with an experienced hand.

Placemaking in development.


We see each project as an opportunity to create place and we bring the bold ideas and attention to detail to see it through. Sometimes, it requires a grand gesture, like Troy Block’s sweeping pedestrian passageway, designed for lingering and enjoying the view. On other projects, a singular focus is key, like reviving architect Pietro Belluschi’s highly desirable mid-century modern aesthetic at 1320 Broadway. In our historic renovations, it’s often the little things that matter most when weaving together old and new to make something utterly unique.

Our building and development process.


Managing complexity in new construction and redevelopment is one of our most notable strengths. We manage risk while seeking untapped opportunities, untangle complex permitting while sticking to budget and schedules. Our years of experience make us aware of every detail required to succeed: cost, timing, entitlements, market, construction, leasing and delivery.

Due to our experience managing the renovation of several existing assets, we understand when substantial alteration is relevant and when it is not. We often pursue adaptive reuse for older buildings, including environmental retrofits that comply with LEED standards. Our track record of success in this area has shown that greening existing office buildings is a prudent investment. It improves property performance, both in greater tenant attraction and retention and in reduced operating costs.

Through the course of their careers, our leadership has been directly involved in the delivery of more than five million square feet of new construction including urban high-rises, suburban mid-rises, parking garages, and industrial and retail spaces. We have facilitated zoning changes, brought projects through entitlements, acquired developments in process, and often leased a property before construction started.

Spotlight: Touchstone


touchstone seattle build

URG’s acquisition of Touchstone, NAIOP’s Developer of the Year for 2015, adds a robust and innovative development expertise to our team. Over the years, Touchstone made a huge impact on Seattle. In the most recent cycle, URG and Touchstone together created many great places, including Hilton Garden Inn, Hill7, Tilt49, NorthEdge, and Troy Block. Our objective is to create long term value through real estate development.

Combining forces with Touchstone allows us a broader reach and scope for placemaking and appeals to investors looking for a full-service real estate development firm. While the two companies are integrated, each brand offers a distinct experience for the clients they serve. Touchstone operates as a fully-owned subsidiary of URG.


1320 broaway build portland
After a $28 million core and shell renovation, the sale of 1320 Broadway set a new per-square-foot record for Portland office buildings.
troy block build seattle
The Troy Block project is the redevelopment of an entire superblock in Seattle’s thriving South Lake Union neighborhood which integrated two historic buildings.