Evolution Projects
- Company typePrivate
- Founded2011
- HeadquartersSeattle, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Evolution Projects firmographics
Firmographics- Name
- Evolution Projects
- Legal name
- Evolution Projects
- Website
- https://evolutionprojects.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Evolution Projects industry classification
Industry- Product category
- Mixed-Use Real Estate Development
- NAICS
- Land Subdivision (2372), Land Subdivision (23721), Commercial and Institutional Building Construction (236220)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industry
- Historic Preservation & Conservation Planning (BPAHAKAH)
Keywords
Where Evolution Projects is headquartered
LocationHeadquarters
- HQ city
- Seattle
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Evolution Projects business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Real Estate Development: The company develops mixed-use properties including office, retail, and recreation spaces. Revenue is generated through property development fees, property sales, and long-term leases with tenants. Projects like Campus Seattle deliver 230,000+ SF of commercial space.
- Property Management: Ongoing property management services for tenants including residential, commercial, and hospitality operations. Includes management of The Pass Life residential development and commercial properties at Snoqualmie Pass.
- Residential Development and Sales: Development of homes at Snoqualmie Pass with collaboration with architects and prefab home builders. Described as top producing home builder at Snoqualmie Pass.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Evolution Projects product offering
Product offeringCore offering
Evolution Projects is a real estate developer that plans, builds, leases, and manages mixed-use properties combining office, retail, residential, and hospitality spaces. Core activities include ground-up mass timber development (Campus Seattle, CornerStone), adaptive reuse of historic buildings (Firehouse, Fremont Collective, Kolstrand), residential community development (The Pass Life at Snoqualmie Pass), and hospitality/retreat properties (Yakima River Club). Revenue is earned through property development fees, long-term corporate and retail leases, residential home sales, and ongoing property management.
Product overview
Evolution Projects is a real estate development company specializing in creating community-focused spaces in the Pacific Northwest. Their portfolio includes mixed-use developments (Campus Seattle with CornerStone, Bouldering Project, Fremont Collective), commercial properties (Cedar Speedster, Pass Life Commercial), residential developments (Pass Life Residential), hospitality properties (Evo Hotels in Salt Lake and Tahoe City), renovation projects (Firehouse, Kolstrand Building, Belltown Collective), and outdoor retreats (Yakima River Club). The company focuses on adaptive reuse, sustainable building practices (including Living Building Challenge certification for CornerStone), and creating spaces that foster community connection around outdoor lifestyles.
Differentiator
Problem solved
Functional benefit
Products and services
- Campus Seattle Mixed-use master development in Fremont, Seattle combining 230,000+ SF of new office, retail, and recreation space for corporate tenants, lifestyle retailers, restaurants, and fitness operators aligned with active/outdoor culture.
- CornerStone Building Five-story, 120,000 SF mass timber mixed-use building (113,000 SF office + 7,000 SF retail) offering sustainable, Living Building Challenge-pursuing office and retail space for enterprise tenants in the outdoor lifestyle ecosystem.
- Cedar Speedster 3-story timber-framed mixed-use building in Seattle's Fremont neighborhood offering ground-floor restaurant and retail space plus upper-floor office for lifestyle brands and F&B operators.
- Firehouse at Snoqualmie Pass Adaptive reuse of a historic 100+ year old firehouse at Snoqualmie Pass into a mixed commercial building housing cafes, workspaces, retail, and a Forest Service Visitor Center.
- Yakima River Club 200+ acre river retreat property along the Upper Yakima River with five restored cabins offering outdoor recreation and integrated wellness experiences (sauna, cold plunge, restorative sleep).
- The Pass Life - Residential Residential home community at Snoqualmie Pass developing trailhead-ready mountain homes for outdoor lifestyle buyers through collaborations with architects and prefab builders.
- The Pass Life - Commercial Commercial building at Snoqualmie Pass housing restaurants, breweries, and a ski/snowboard museum serving the mountain recreation community.
- Seattle Bouldering Project Adaptive reuse warehouse transformation into a bouldering gym anchoring the Campus Seattle recreation component for the local climbing and fitness community.
- The Fremont Collective Adaptive reuse of a 100-year-old mattress factory at Stone Way in Fremont, Seattle, housing restaurants, evo flagship retail, and All Together Skatepark.
- Evo Hotel Salt Lake (Campus Salt Lake) Hospitality hotel property in Salt Lake City providing accommodation access to Utah's Wasatch Mountain Range for outdoor recreation travelers.
- Campus Tahoe City Hotel hospitality property along Lake Tahoe's shores serving as an outdoor cultural hub for year-round adventure travelers.
- Property Management Services Ongoing property management services for residential, commercial, and hospitality properties owned and operated by Evolution Projects, including The Pass Life community and Snoqualmie Pass commercial properties.
Companies that use Evolution Projects
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles4 records
Evolution Projects technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Evolution Projects partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core, flagship and minor.
- Redwood OutdoorscorePartnered with Redwood Outdoors to provide world-class sauna and cold plunge experience at Yakima River Club, integrating wellness as a natural extension of outdoor river activities.
- HestcorePartnered with Hest to bring restorative sleep element to Yakima River Club, supporting recovery after time spent outdoors in the river retreat setting.
- Brooks RunningflagshipBrooks Running is the key office tenant at CornerStone, occupying 112,000 SF of office space as the anchor of Campus Seattle. This is a major long-term lease partnership for the flagship CornerStone building.
- Black Diamond EquipmentcoreBlack Diamond Equipment occupies one of two prime retail spaces in the CornerStone building, complementing the outdoor active lifestyle focus of Campus Seattle.
- Beatriche BeesminorWorking with Beatriche Bees to foster and manage the four rooftop beehives at CornerStone, supporting urban agriculture and biodiversity initiatives.
- ForterraminorPartnered with Forterra to donate 1 acre of land as part of a 102-acre conservation transaction of forestland near Lake Serene and Mt. Index natural areas, achieving habitat exchange offset for CornerStone development.
- Sellen ConstructioncoreGeneral contractor for Campus Seattle and CornerStone projects. Overseen construction including mass timber installation and building completion.
- Weber ThompsoncoreArchitect for CornerStone building and Campus Seattle masterplan, providing architectural design for the mass timber mixed-use development.
- Miller HullcoreMasterplan architect for Campus Seattle, contributing to the overall vision and design coordination for the 230,000+ SF mixed-use development.
- MithuncoreArchitect for Seattle Bouldering Project, the adaptive reuse warehouse transformation that anchors Campus Seattle.
- NBBJcoreArchitect firm involved in CornerStone project, contributing to tenant improvements and sustainable design.
- DovetailcoreGeneral contractor for Fremont Collective and Revel & Quoin projects, key early developments in the Stone Way corridor.
- Graham BabacoreArchitect for Revel & Quoin restaurant and The Kolstrand Building, contributing to adaptive reuse and historic renovation projects.
- HeliotropecoreArchitect for Union Project Building, providing design for building renovation and tenant improvements.
- Citizen DesigncoreArchitect for Firehouse renovation and Pass Life Residential Phase III, contributing to Snoqualmie Pass community development.
Scale indicators5 records
Recent moves6 records
Expansion highlights4 records
Evolution Projects competitors and assessment
Company assessmentDirect peers
- Wright Runstad & Company: Pacific Northwest commercial real estate developer focused on Class A office, mixed-use, and sustainable buildings in Seattle. Comparable in PNW focus, office-anchored mixed-use, and sustainability/LEED emphasis.
- Sage Hospitality: Boutique and lifestyle hotel operator/developer with properties in mountain and outdoor destinations. Comparable in curating hospitality experiences around active-lifestyle and outdoor recreation markets.
- Gerding Edlen: Sustainable real estate developer with deep Pacific Northwest presence (Portland and Seattle offices) focused on mixed-use, community-oriented, and high-performance buildings. Closest analogue by mandate, region, and project scale.
- BMR (formerly Barry Swenson Builder): West Coast mixed-use and residential developer with community-focused urban infill projects. Comparable in mixed-use adaptive reuse and neighborhood-scale development.
- LodgeWorks Partners: Lifestyle-driven hospitality and mixed-use developer (Archer Hotel, Aloft) with a focus on community-rooted boutique properties. Comparable in pairing hospitality with active-lifestyle brand alignment and adaptive reuse.
Broad incumbents
- Skanska USA Commercial Development: Large-scale mixed-use and commercial developer with strong sustainability credentials and a Pacific Northwest presence. Comparable in sustainable building practices and urban mixed-use delivery, but at much larger scale.
- Trammell Crow Company: Large diversified commercial real estate developer with mixed-use and office projects across U.S. markets. Comparable in mixed-use development execution, but operates at institutional scale without the lifestyle/community brand angle.
- Kilroy Realty Corporation: West Coast office and mixed-use REIT with significant Seattle and PNW presence. Comparable in serving premium corporate office tenants in Seattle, though at public-company scale and without the lifestyle-tourism overlay.
Regional players
- Vulcan Real Estate: Seattle-based large-scale real estate developer (Paul Allen's estate) operating in South Lake Union and beyond with mixed-use, office, and life-science projects. Comparable Pacific Northwest footprint and neighborhood-scale development thesis.
- Unico Properties: PNW-focused mixed-use and commercial real estate investor and developer managing a portfolio of urban office, retail, and creative office assets. Comparable in geography and mixed-use urban infill strategy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Evolution Projects social profiles
Digital presenceEvolution Projects financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evolution Projects leadership team
Management profileNumber of profiles
Profiles12 records
Evolution Projects funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evolution Projects M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Evolution Projects
What does Evolution Projects do?
Evolution Projects is a real estate developer that plans, builds, leases, and manages mixed-use properties combining office, retail, residential, and hospitality spaces. Core activities include ground-up mass timber development (Campus Seattle, CornerStone), adaptive reuse of historic buildings (Firehouse, Fremont Collective, Kolstrand), residential community development (The Pass Life at Snoqualmie Pass), and hospitality/retreat properties (Yakima River Club). Revenue is earned through property development fees, long-term corporate and retail leases, residential home sales, and ongoing property management.
Is Evolution Projects a public or private company?
Evolution Projects is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Evolution Projects founded?
Evolution Projects was founded in 2011. It employs 1 to 10 people.
Where is Evolution Projects based?
Evolution Projects is headquartered in Seattle, United States, in the North America region.
How does Evolution Projects make money?
Three revenue lines are on record. Real Estate Development is the primary driver. The others are property Management and residential Development and Sales.
Who are Evolution Projects's main competitors?
Direct peers on record are Wright Runstad & Company, Sage Hospitality, Gerding Edlen, BMR (formerly Barry Swenson Builder) and LodgeWorks Partners. Broad incumbents are Skanska USA Commercial Development, Trammell Crow Company and Kilroy Realty Corporation. Regional players are Vulcan Real Estate and Unico Properties.
Does Evolution Projects have an API?
No public API is recorded for Evolution Projects.
What industry is Evolution Projects in?
Evolution Projects's product category is Mixed-Use Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of BPAHAKAH, Historic Preservation & Conservation Planning. Its NAICS code is 2372 and its SIC code is 6552.