KONE wins order for Fifth + Columbia in Seattle

KONE Corporation, press release, January 7, 2015

KONE, a global leader in the elevator and escalator industry, has won an order to provide 19 elevators at Fifth + Columbia, a 44-story office building to be constructed in Seattle's central business district. The building is scheduled to open in 2017.

KONE solutions will include six KONE MonoSpace(TM) machine room-less elevators and 13 KONE MiniSpace(TM) elevators, traveling at speeds of up to 6 m/s. The office elevator groups will also utilize KONE Polaris(TM) Destination Control Systems, including state-of-the-art touchscreen destination operating panels.

The contract was awarded by JTM Construction, the project's general contractor. The project developer and owners are Daniels Real Estate & Stockbridge Capital Group.

The new building will be located in the heart of the Seattle central business district at 801 Fifth Avenue. In addition to more than 500,000 square feet of office space, a 184 room four-star hotel and spa will be located in the new tower. The new building's innovative geometric form and natural light glass facade were designed by Zimmer Gunsul Frasca Architects of Seattle. The hotel and restaurant spaces will be designed by world renowned designer Philippe Starck. Fine dining will be available at "The Bazaar" by internationally acclaimed Chef Jose Andrés.

Additionally, KONE's machine-room-less solutions are helping to return leasable space to the project owners by eliminating planned overhead machine rooms that were typically required with conventional traction elevator models.

"We are excited to be a partner on the most significant office and hotel project in the Seattle skyline," stated Larry Wash, CEO of KONE Americas. "Our local project management team will provide the most productive installation and highest degree of customer service for the Fifth + Columbia property. We look forward to a successful and safe installation."

The order was booked in the fourth quarter of 2014.

Previously published press releases are available at www.kone.com/press including:
October 18, 2013: KONE wins order for Texas A&M Kyle Field Stadium renovation in the United States
February 28, 2013: KONE wins contract to modernize Washington, D.C. Metro escalators

For further information, please contact:
Liisa Kivelä, Director, External Communications, KONE Corporation, tel. +358 204 75 4330, media@kone.com

About KONE
KONE is one of the global leaders in the elevator and escalator industry. KONE's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2013, KONE had annual net sales of EUR 6.9 billion, and at the end of the year over 43,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.
www.kone.com