Intelligent Real Estate Investments - Hines

T3 Featured in National Building Museum Exhibit

(MINNEAPOLIS) – Hines, the international real estate firm, announced today that the 222,000-square-foot T3 office development is featured in the Washington D.C. National Building Museum. The new exhibit, which recently opened, focuses on wood as the new trend in construction and rural job creation. Drawing attention to the recent boom in timber construction worldwide, the exhibit highlights Hines’ T3 project in Minneapolis, which is designed by Vancouver-based Michael Green Architecture in conjunction with the DLR Group.

Curated and designed by Yugon Kim and Tomomi Itakura, founding partners of the Boston-based architectural design firm IKD, the exhibit features numerous architectural models, dramatic prefabricated wood walls and large-scale samples of mass timber.

The T3 model is a 1/2"=1'-0" scale detail model of the northeast corner of the building, illustrating the timber structure and exterior articulation of the skin. The material used for the model is all wood with the exception of translucent acrylic used to differentiate the concrete structure from that of the wood.

Also part of the exhibit includes stories that will highlight recent innovations of timber technology, and explore how U.S.-based timber manufacturing can help revitalize rural manufacturing communities and benefit urban centers. The exhibit runs through May 2017 at the National Building Museum in Washington, D.C. Please click here for more information about the Timber City exhibit.

“We are thrilled to be included in the National Building Museum’s exhibit,” stated Hines Senior Managing Director Steve Luthman. “T3 is an important project and demonstrates the advantages offered to our investors and tenants through the use of cutting-edge methods of timber construction, including strength, aesthetic and sustainability.”

The timber industry has evolved in the last few years and recent advances in wood products, technology and engineering make additional construction options more viable. This past May, U.S. Senators Amy Klobuchar, Debbie Stabenow, Mike Crapo, Steve Daines and Maria Cantwell joined together to introduce the Timber Innovation Act, bipartisan legislation that would help accelerate research and development – and ultimately construction – of wood buildings in the U.S.

“A new market in wood construction and research will boost job creation in northern Minnesota and across the state. With the current construction of the T3 office building in Minneapolis, wood construction is already reaching new heights,” said Senator Klobuchar.

For more information on T3, which will be open in early fall 2016, please visit www.T3NorthLoop.com.

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 192 cities in 20 countries. Hines has $93.2 billion of assets under management, including $47.9 billion for which Hines provides fiduciary investment management services, and $45.3 billion for which Hines provides third-party property-level services. The firm has 105 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,180 properties, totaling over 379 million square feet. The firm’s current property and asset management portfolio includes 483 properties, representing over 199 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.