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October 17, 2014 – Bothell, Wash –Bothell has yet another reason to celebrate: McMenamins is finalizing its construction details and plans to start construction soon on the historic Anderson School. Earlier this year, Anderson School Properties, LLC successfully raised over $7 million in private equity to support its estimated $26 million project, the largest McMenamins establishment in Washington.
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Over the next year, the art deco-style Anderson school building will become a 72-room hotel with private baths, restaurants and small bars, on-site brewery, a first-run movie theater and an updated swimming pool. As part of the unique public-private partnership between the City and McMenamins, the pool facility will be available for use by Bothell residents for free for the next 15 years along with a community room. McMenamins is currently performing some pre-construction work on the property and expects to be under full construction in mid to late November. McMenamins is scheduled to open in the fall of 2015.
“Bothell is a forward-thinking city, and the Anderson School building has great bones and lots of character. From the moment Brian and I saw it, we knew its potential for Bothell’s revitalization,” said Mike McMenamin. “It's one of the best locations we could have imagined – located along two major highways, the Sammamish River and within 30 minutes of Seattle’s fast-growing technology sector – which bodes well for its popularity and future growth. But perhaps more important than financial returns is the positive impact that live music, historical spaces, quality jobs and places to gather over a pint can have on a community.”
Just last month, the City of Bothell broke ground on a new city hall and celebrated the completion of several key downtown road projects. Located in downtown Bothell, the Anderson School is in walking distance of the future City Hall/City Center campus, historic Main Street, and the Park at Bothell Landing. The McMenamins at Anderson School is situated along Bothell Way that is in the process of becoming a pedestrian-friendly European-style boulevard.
“When we met as a community over a decade ago to decide how to embrace our region’s growth and shape Bothell’s future, having a place like McMenamins in the heart of our city was little more than a dream,” commented Mayor Joshua Freed. “Now, after investing over $100 million in our downtown, we are seeing our investment pay off. The McMenamins Anderson School project reflects the heart and character of Bothell that we have been working to preserve while ensuring that our community remains strong into the future.”
McMenamins will be one of 12 breweries participating in the First Annual Bothell Beer Festival that will take place on Saturday, October 18 from noon to 5 pm on Festival Street (101st) between Main Street and 183rd Street in historic downtown Bothell. For tickets and more information, go to www.bothellbeerfest.com.
City of Bothell
Bothell citizens, business and community leaders came together several years ago to develop a vision for Bothell’s downtown and for Bothell’s future as a whole. The first downtown revitalization projects broke ground in 2010. To date, the City has invested over $100M in vital capital projects as part of a $150M program initially planned and approved several years ago. These improvements, according to economic studies, will leverage $650M in private investment. Already Bothell has garnered $200M in private investment planned for downtown in the next several years. www.ci.bothell.wa.us
Founded in 1983 by brothers Mike and Brian McMenamin with a pub in Portland, Ore., McMenamins now includes 52 neighborhood locations throughout Oregon and Washington (including restaurants/bars, hotels, meeting and event spaces, movie theaters, live music venues, spas, gardens and much more) that offer a casual, relaxed atmosphere where children are always welcome and regulars are common. Independently and family-owned, McMenamins is one of the largest producers of craft beer in a region famous for it, and also distills spirits, roasts coffee, makes wine and ferments hard cider. The company is known for its concert venues and love for art and historic buildings, with 18 of its properties on the National Register of Historic Places. McMenamins.com
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City of Bothell: Catherine Jansen, 425.486.3256, email@example.com
McMenamins: Vicky Hastings, 503.231.3086, firstname.lastname@example.org