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Old September 3rd, 2013, 06:07 AM   #121
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Credit Cactus22minus1:
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815 Pine by LCCIII, on Flickr

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Old September 6th, 2013, 12:14 AM   #122
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Insignia Towers by LCCIII, on Flickr

New rendering. Sales office opening soon.
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Old September 6th, 2013, 11:09 PM   #123
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Developer Purchases Site For Stadium Place Hotel & Office Towers



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Back in January we told you that a 23-story Hilton Embassy Suites Hotel will take over the eastern half of Stadium Place, a 1,500,000-square-foot, mixed-use project near Century Link Field in Pioneer Square. The site for that hotel has now been officially purchased and will also include a 171,250-square-foot, nine-story office building. American Life finalized the purchase of the 1.5 acre lot last week for $18M. No date set for construction just yet.
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Old September 15th, 2013, 05:47 PM   #124
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2301 Sixth Avenue - Insignia

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Insignia update
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Old September 15th, 2013, 05:49 PM   #125
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815 Pine


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815 Pine

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Old September 15th, 2013, 05:51 PM   #126
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8th and Seneca


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802 Seneca

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Old September 15th, 2013, 05:53 PM   #127
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Viktoria Apartments


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Old September 15th, 2013, 05:54 PM   #128
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The Martin


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2105 Fifth Avenue - The Martin

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Old September 15th, 2013, 05:56 PM   #129
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2030 8th Ave


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2030 Eighth Avenue

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Old September 15th, 2013, 05:57 PM   #130
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225 Cedar


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225 Cedar

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Old September 15th, 2013, 05:59 PM   #131
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Amazon HQs (1st of 3)


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2021 7th Avenue - Amazon Block 14

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Old September 16th, 2013, 07:41 AM   #132
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Updated the first post.
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Old September 16th, 2013, 12:46 PM   #133
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Thanks Bond
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Old September 18th, 2013, 09:18 PM   #134
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Quote:
Originally Posted by Ruffhauser View Post
From todays DJC.

September 18, 2013

Bosa takes the plunge and starts second condo tower in Insignia

By NAT LEVY
Journal Staff reporter

Bosa Development has decided to go ahead with the second phase of Insignia: two 41-story towers with 707 condo units in the Denny Triangle.

Construction started on the first tower last year.

Nat Bosa, president of Burnaby B.C.-based Bosa Development, said preliminary work has begun on the second tower.

“We're gone,” he said. “We have decided we are diving into the ocean.”

Buyers could move into the first tower at Sixth and Bell as early May 1, 2015. The second tower could be finished by the end of 2015.

Bosa said he is starting the second tower because of strong job growth, the lack of other new condos and the response from potential buyers to the first phase.

Bosa opened a sales office for the project earlier this month. Bemi Jauhal, Bosa's director of marketing and sales, said a “few dozen” people have reserved units, and those will be turned into sales contracts soon.

Units in Insignia will range in size from 737 to 2,311 square feet. Prices start in the low $400,000s up to about $2 million.

The first tower will have a lounge with a TV room and “pet retreat” on the 41st floor. On the seventh floor will be an outdoor terrace.

Other amenities include a gym with a yoga and pilates studio, pet washing and grooming area, car wash bays, electric car charging stations, and space for bike repairs and storage.

The second tower will have an indoor lap pool with a hot tub, and a steam room and sauna.

The units will have high end finishings such as stainless steel appliances, quartz countertops, cabinet-front refrigerators and engineered hardwood floors.

Bosa said he doesn't like to cut corners.

“We take nothing for granted,” Bosa said. “The only thing I have is my reputation. You can't screw your customers.”

Perkins and Company Architecture and Urban Design is the architect, and Mitchell Freedland is doing the interior design. The Mark Co. of San Francisco is marketing the units. Bosa Development is the general contractor.

Bosa has built a reputation by going into markets with little or no recent condo development and coming out of the ground first. He did it in San Francisco with Madrone, which opened in 2011. It took more than a month for the first unit to sell, but the building was full by the beginning of this year.

“There's not really any major analysis or thought process,” Jauhal said. “It's (Bosa's) uncanny ability to know when and where to pull the trigger.”

Now Bosa is ending a years-long drought for major condo complexes in Seattle.

Bosa said Seattle is ripe for new condos. His project is two blocks from Amazon.com's proposed 3.3 million-square-foot headquarters. Amazon's project and other development nearby have turned his location from a “B site” to an “A site,” Bosa said.

Bosa said he doesn't have other sites in Seattle, but he's looking. He also is planning projects in Vancouver B.C., San Francisco and San Diego.

Seattle will see even more explosive growth than it has already, he said, specifically in the tech sector.

He said the change in Seattle has been remarkable just since he broke ground on Insignia last year, and he expects that to continue.

“Seattle is in for an incredible ride,” Bosa said. “It's going to be the next San Francisco, and there's no looking back.”

Bosa anticipates his condos will attract a variety of people, young and old. He said he expects to sell to young people who want to live near downtown, with transit, nightlife and the ability to walk everywhere. But Bosa also expects to get empty nester baby boomers and retirees who want to sell their house and move back into the city.

“People don't want to go out to pasture when they retire,” said Bosa, who is 68 years old. “They want to be relevant. They want to live somewhere exciting.”





Great news! I think we saw it coming but great to have it confirmed!
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Old September 20th, 2013, 05:27 PM   #135
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I like the red on The Martin. Be interesting to see a whole building that color or others for that matter. Now that The Martin crane is down is there a start date on The Frazier or the Niles yet? Maybe they can be a different color in a rainbow scheme.
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Old September 20th, 2013, 06:40 PM   #136
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That actually made me chuckle.
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Old September 23rd, 2013, 09:23 PM   #137
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Quote:
Originally Posted by Ruffhauser View Post
From todays DJC.

http://www.djc.com/news/ae/12057516.html

September 23, 2013

Hedreen shows design for 40-story hotel tower that tapers as it rises
By JOURNAL STAFF

R.C. Hedreen Co. has released new images of the design for its 40-story convention hotel complex at Ninth and Stewart.

A design review recommendation meeting is set for 5:30 p.m. Oct. 1 at City Hall, 600 Fifth Ave.

Hedreen wants to start utility work early next year and demolition by summer, with a goal of opening the hotel in January 2017.

There will be a five-story podium with a 35-story, 1,680-room hotel on the south end and 154 units of housing on the north end, reserved for people making 80 percent or less of area median income.

Hedreen is building low-income units on site to get higher density through a city incentive program.

The project will have 188,000 square feet of ballrooms and meeting space, and 719 underground parking spaces.

The ground floor will have 45,500 square feet of retail, restaurants and the lobby. Designs show space for a coffee house, three restaurants, a bar and retail.

Outdoor seating and landscaped areas would surround the ground floor, and there will be a mid-block corridor for vehicles and pedestrians.

The design for the south side of the complex, on Howell Street, shows it would slant inward on the lower seven floors, creating a skinnier tower on the upper floors.

LMN Architects is designing the complex, and Sellen Construction is the general contractor. Also on the team are Magnusson Klemencic Associates, Arup, Coughlin Porter Lundeen, Heffron Transportation and Site Workshop.

The developer originally planned two towers: one hotel and one office tower with 340,000 square feet. Hedreen said that plan was revised to simplify the permit process.













First look at the design of our future largest hotel.
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Old September 25th, 2013, 01:11 AM   #138
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Hotel group buying downtown Seattle parking lot $16.75M

Stanford Hotels Corp. is paying an eye-popping price of $16.75 million for a downtown Seattle development site, according to a court ruling.

The price that Stanford is paying for the nearly one-third acre surface parking lot at Fifth Avenue and Stewart Street is almost twice as much as what another hotel developer, Stonebridge Cos., had offered to pay for the property that has been tangled in a years-long foreclosure.

But it’s significantly less than the $30 million that the New York group that lost the property paid for it in late 2007.

Officials of San Francisco-based Stanford declined to comment on their plans for the property at 1903 Fifth Ave., which is across the street from the two-tower Westin Seattle. Stanford is planning another Seattle project, a 15-story hotel at 300 Terry Ave. N., near Amazon.com’s campus.

The turn of events at Fifth and Stewart is the latest example of how hotels are becoming a favored class among investors and developers. Several large projects in Seattle are planned and construction has started on one.

Bellevue-based Kauri Investments broke ground last week on a hotel and apartment complex at Fifth Avenue and Broad Street, company President and CEO Kent Angier said. The development across from the Space Needle will have a 116-room Hyatt as well as 56 apartments.

The site that Stanford is buying was part of a block-long development called the Heron and Pagoda. Multi Capital Group of New York had planned two 46-story towers with condos, a hotel and office and retail space.

US Bank was the lender on the portion of the block at 1903 Fifth. The bank foreclosed on the property and turned it over to a receiver to sell it. The receiver retained Craig Hill and Janet Backus, brokers with NAI Puget Sound Properties, to market the property for sale.

That was in early 2012. At the time, Hill said the asking price was $7.5 million. Court documents state that an initial bid of nearly $7.9 million was received, though group that made that offer was not named.

Denver-based Stonebridge stepped in and offered nearly $8.5 million and planned an 18-story hotel at the northwest corner of Fifth and Stewart. But, court records state, the contract was “unperformable,” and the receiver and Stonebridge amended the agreement, which allowed the property to go to auction. The agreement that Stonebridge negotiated included a $500,000 “break up fee” to cover costs associated with planning the 18-story hotel it had planned for the site.

On Tuesday, Backus said the disposition process was lengthy because it involved four entities what had bought the property in 2007. The four — Reuben Corp.; JJ Lyons Associates Inc.; Bronx Al Limited Liability Co.; and Bronx RMT LLC — were working with Multi Capital on the Heron and Pagoda.

“It just went on and on and on,” Backus said, adding the price that Stanford is paying is further evidence that downtown Seattle is “one of the most sought out development areas in the country.”


Awesome! I hope it ends up maxed out height as a mixed use condo & hotel project!
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Old September 25th, 2013, 10:09 PM   #139
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Another 440' residential tower back from the dead!

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600 Wall Street (formerly Icon?) is being revived as a 38 story residential tower!



http://web1.seattle.gov/DPD/permitst...id=3015251&t=4




Thats what it used to look like before the markets crashed in 08 and it was shelved.
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Last edited by LCIII; September 25th, 2013 at 10:16 PM.
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Old September 30th, 2013, 05:03 PM   #140
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Cranes dot the skyline once more:

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Space Needle, Seattle, Washington, United States (September 2013) by iaw1978, on Flickr
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