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Old January 25th, 2013, 11:58 PM   #61
el palmesano
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lot of construction!
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Old January 25th, 2013, 11:59 PM   #62
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That's how I feel after going through this thread.
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Old January 26th, 2013, 12:18 AM   #63
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Yes, Seattle is undeniably in the midst of a boom!
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Old January 26th, 2013, 02:03 AM   #64
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so is Seattle the new Miami or what?
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Old January 26th, 2013, 07:40 AM   #65
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Great compilation, LCIII; thanks!

I don't know why I'm unreasonably excited about 5th and Madison, but I am.
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Old January 26th, 2013, 07:10 PM   #66
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Looks great LCIII!!
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Old January 26th, 2013, 07:41 PM   #67
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Thanks, LCIII for the updates! Seattle is BOOMING!!!!!!!
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Old January 26th, 2013, 11:42 PM   #68
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In some ways we're booming but overall I'd call this a grounded (vs. bubble) boom.

Some of it's transportation -- extending an existing light rail tunnel outward from Downtown, building a new streetcar, replacing a freeway with a 2-mile tunnel and surface alterations, changing surface streets in a key fringe area. Those will keep things in flux for a while, particularly along the central waterfront which will take until 2017 or so, and maybe beyond for some of the dreamier elements.

The rental apartment boom is epic by our standards, with 7,800 units started (or sorta started) so far since 2010 in an area of 2,000 acres. I don't know how that compares to Miami in such a limited land area.

There's only one condo project happening, a 335-unit tower about to hit ground level from its hole. A second tower on the same underway podium could happen soon or not, as they have a building permit but haven't said anything.

Offices are beginning to go nuts. The first of Amazon's three 500' towers seems to be in soft demo. So far the post-2010 work is limited to a few lowrises plus a 12-story building for Amazon. At least two more lowrises, both in South Lake Union, are projected to start in the next couple weeks. All told, once all that really starts that's about 2,500,000 sf. Others say they might start in 2013 including a 500' and a 660'.

Retail is doing well. Target just opened. Rumor has it TJ Maxx is headed for a nearby space that's currently being renovated.

Hotels might take off soon. The 10-month occupancy rate was 80% and room rates have recovered somewhat. Several projects are planned, with some being able to start this year.

Labs and hospitals aren't terribly busy building buildings right now in that 2,000 acre area. I'm thinking of one lab building. The hospitals have all recently built things and aren't doing more right now.
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Old January 29th, 2013, 08:55 AM   #69
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Updated the first post.
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Old February 15th, 2013, 10:06 AM   #70
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Seattle’s Tallest Tower in Two Decades to House SLS Hotel



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A Seattle office tower that’s planned to be the city’s tallest new building in two decades will include a luxury SLS hotel, the boutique brand’s first location in the area, as property demand strengthens. SBE Entertainment Group LLC, which owns the SLS brand, will run the 184-room hotel on the tower’s second through 15th floors, Chairman and Chief Executive Officer Sam Nazarian said. The Los Angeles-based company also operates Hyde nightclubs and the Katsuya and Cleo restaurant brands.

Construction will start on the $400 million downtown building by Oct. 1 and completion is scheduled for mid-2016, said Kevin Daniels, president of Seattle-based Daniels Real Estate, which is developing the 43-story tower with Stockbridge Capital Group of San Francisco. The partners and Nazarian are betting on continued growth in Seattle’s office and hospitality markets, which outperformed the rest of the U.S. last year.

[...]
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Old February 21st, 2013, 02:18 PM   #71
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South Lake Union Rezoning Could Cap Heights At 160 Feet



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Seattle City Councilmembers Nick Licata, Tom Rasmussen and Sally Bagshaw on Thursday announced that they support shorter, slimmer towers for the waterfront blocks in South Lake Union.

The waterfront property is one of the most controversial parts of the overall South Lake Union rezone. It is there that Vulcan Real Estate, the neighborhood's biggest landlord, wants to build three tower sup to 240 feet.

The rezone has been in the works for nearly a decade. City review of the rezone has intensified in recent months as the nine-member council moves toward a possible March 18 vote on the package.

[...]

Three Seattle City Council members say these proposed Vulcan towers near Lake Union should be scaled down. The rest of the nine-member council has yet to weigh in.

http://www.djc.com/news/re/12047253.html
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Old February 21st, 2013, 05:59 PM   #72
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Guess I'll vote against those councilmembers then. I think I supported one or two before, though not recalling the races.

That location cries out for real urbanity. These are already proposed as pretty moderate and widely spaced. I attended a presentation by the architect from Via this week, and he made a great case that these are already not a big deal from a view-blocking perspective, and already widely spaced. We have major towers 20 feet apart in some places, and these are hundreds of feet.

Presentation: http://www.via-architecture.com/sout...e-legislation/
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Old March 26th, 2013, 04:04 PM   #73
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North Lot update:

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Old March 26th, 2013, 04:07 PM   #74
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The Martin update:

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Old March 26th, 2013, 04:10 PM   #75
LCIII
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Via6 update:

As an add-on to this, from todays DJC.

http://www.djc.com/news/re/12051079.html

March 19, 2013

40% of Via6 units are leased
By JOURNAL STAFF

Pine Street Group LLC said 40 percent of the Via6 apartments have been leased.

There are a total of 654 units in the two 18-story towers at 2121 Sixth Ave. and 280 have been rented. Pine Street said evenutally as many as 1,000 people will live in the complex.

Contractor Lease Crutcher Lewis is finishing the street level retail shops.

Velo Bike Shop has opened after moving from its Capitol Hill location. ViaBike, a membership-based club for downtown-bound bicycle commuters, will open in mid April. The club's $15 monthly fee gives members access to showers, lockers and other services.

Later this spring, restaurateur Tom Douglas will open three spaces in Via6 occupying a total of 10,000 square feet. One will be a new restaurant, and there will be a coffee shop and a market that sells Tom Douglas products. Graham Baba designed the spaces.

Units in Via6 have nine-foot ceilings, and most have balconies and walk-in closets.

There is a mezzanine gaming area, accommodations for dog owners, a gym, theatre, and social and entertainment spaces in a pavilion on the seventh level between the two towers. The pavilion is still under construction, but it will have areas for events, socializing and relaxing, surrounded by decks, gardens with water features, barbecues and a fire pit.

“We've worked hard to make the most of every square foot in the project, both within the homes and in amenities around the building that are intended to create a sense of community,” said Matt Rosauer, project manager at Pine Street Group. “Residents have the added advantage of living in a great walking neighborhood, with the convenience of being just blocks from the transit hub at Westlake. If people want to try life without a car, this could be their spot.”

Rent is about $3 per square foot, or an average of $2,000 a month, said Jane Lewis, principal at Pine Street Group.

GGLO designed the complex, and MKA is the structural engineer.

The equity partners are Canada Pension Plan Investment Board and Multi-Employer Property Trust, and they are being advised by Bentall Kennedy.



Can also see The Martin in the background on the left.
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Old March 26th, 2013, 04:14 PM   #76
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225 Cedar St update:

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Old March 26th, 2013, 04:16 PM   #77
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Sonics/NHL Arena update:















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Old March 26th, 2013, 04:22 PM   #78
LCIII
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2nd and Pike redesign:



http://www.seattle.gov/dpd/AppDocs/G...endaID4310.pdf
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Old March 26th, 2013, 04:26 PM   #79
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Viktoria update:

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Old March 26th, 2013, 04:29 PM   #80
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Amazon HQ update:

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