First Hill Pictures, Projects, etc...

mSeattle · March 15th, 2012, 11:46 PM

Ok, First Hill has got to represent too.

Polyclinic parking garage - 2/19/2012
image hosted on flickr

by mSeattle, on Flickr

image hosted on flickr

by mSeattle, on Flickr

Coppins Well? - 2/19/2012
image hosted on flickr

by mSeattle, on Flickr

image hosted on flickr

by mSeattle, on Flickr

LCIII · March 16th, 2012, 05:26 PM

DJC:

Swedish pension adviser Alecta continues to assemble land on First Hill, most recently paying $2.5 million, or $347 a square foot, for a small surface parking lot at 812 Eighth Ave.

They had already purchased Paul Thiry's old building on the corner but now have added the neighboring parking lot. This is right next to Skyline. Hopefully they have something similar in mind! And then just a few blocks over is 8th and Seneca. First Hill is coming alive!

xyagentguy · March 16th, 2012, 11:05 PM

Quote:

They had already purchased Paul Thiry's old building on the corner but now have added the neighboring parking lot. This is right next to Skyline. Hopefully they have something similar in mind! And then just a few blocks over is 8th and Seneca. First Hill is coming alive!

This is the neighborhood I live in. I love it. I've just always been shocked at why it hasn't grown more, it is a perfect location, just outside of downtown, right next to Capitol Hill, incredibly easy access to the major highways, I hope with the Street Car coming, it continues to brighten.

mSeattle · March 23rd, 2012, 09:18 AM

March 23, 2012

Alecta plans 25-story First Hill apartments
http://www.djc.com/news/re/12039184.html?cgi=yes
By JON SILVER
Journal Staff Reporter

Alecta Real Estate Investment LLC has filed plans with the city of Seattle to build a 25-story apartment tower at 504 Terry Ave. on First Hill.

Photo courtesy DJC:

I think this is the site that a tower was being planned for before the recession, replacing a lowrise apartment building, the one on the far right:

image hosted on flickr

by mSeattle, on Flickr

mSeattle · March 23rd, 2012, 10:10 AM

Found another picture I took of the area.
image hosted on flickr

by mSeattle, on Flickr

LCIII · March 23rd, 2012, 11:22 AM

Id rather they built on the plot they most recently purchased but great to see them moving forward from property owners to builders! Hopefully they do that for all the land they've acquired on First Hill!

SJM · March 23rd, 2012, 06:35 PM

25 stories not bad at all

Suiattle · March 23rd, 2012, 06:50 PM

http://www.djc.com/news/re/12039193.html

And another one at Boylston and Seneca

LCIII · March 23rd, 2012, 06:57 PM

That's awesome! STILL not the lot they own that I wish they'd build on but it's great to see they're really serious about building and not just buying land!

Is this where the old skygarden proposal was planned?

mSeattle · March 24th, 2012, 01:33 AM

Quote:

Originally Posted by LCIII

That's awesome! STILL not the lot they own that I wish they'd build on but it's great to see they're really serious about building and not just buying land!

Is this where the old skygarden proposal was planned?

Likely is. The only other spot to build is the 1st Baptist Church parking lot.

LCIII · March 24th, 2012, 02:24 AM

Apartment towers of 23 and 25 stories slated for First Hill
Two apartment towers have been proposed on Seattle's First Hill by a Swedish pension fund that bought the properties after earlier would-be developers went bust.

By Eric Pryne
Seattle Times business reporter

A Swedish pension fund that started buying property on Seattle's First Hill more than a year ago has proposed two apartment towers in the neighborhood.
A subsidiary of the pension fund, Alecta, has filed preliminary paperwork with city planners for a 25-story building at Terry Avenue and Jefferson Street and a 23-story tower at Boylston Avenue and Seneca Street.
Together, the projects would have 536 apartments.
Alecta has retained longtime Seattle developer William Justen to oversee the projects. Construction could start next year, Justen said Friday, but much depends on the market and the pace of permitting.
The projects are Alecta's first in the Seattle area, he added.
The city's East Design Review Board, an advisory body, is tentatively scheduled to consider both proposals May 2.
Both sites were previously owned by developers who also planned to build residential high-rises, then lost the properties to foreclosure during the housing crisis.
The Terry Avenue property, now occupied by an older apartment complex and office building, was owned by Michael R. Mastro, who proposed a 350-unit apartment tower there in 2007. Mastro was pushed into bankruptcy in 2009, and lenders foreclosed on the property in 2010.
The Boylston Avenue property, now a parking lot, was to be the site of SkyGarden, a 24-story luxury condo tower. But, while the project had won city approval, developer Barclays North, which later went out of business, couldn't get a construction loan. Its lender foreclosed in 2009.
Alecta acquired both properties in December 2010 for substantially less than Mastro and Barclays had paid a few years earlier.

LCIII · March 24th, 2012, 02:25 AM

Really really great news!

Doomgoggles · March 24th, 2012, 07:02 AM

Hooray! Let's get the lonely First Hill Plaza some friends!

NW Mike · March 24th, 2012, 08:39 AM

One project after another..Seattle is on the comeback baby!

alexjonlin · March 24th, 2012, 09:16 AM

Awesome! Neighborhood after neighborhood is getting taken up in the apartment building craze!

LCIII · March 26th, 2012, 07:06 PM

The submitted plans for 504 Terry Ave arent online yet but they still have these old ones from 2008. Its a totally different project now with a totally different development team and new architects BUT its the same height and location so some of the renderings are kind of relevant from that perspective.

http://www.seattle.gov/dpd/AppDocs/G...endaID2517.pdf

DJC described the new plans as "240-foot-high concrete-frame building with 332 apartments and four levels of underground parking. A street level residential lobby and 4700 sq ft of commercial space are planned, along with a rooftop deck and garden."

alexjonlin · March 26th, 2012, 09:47 PM

Wow, I didn't realize that part of First Hill was zoned that high! That's great.

LCIII · March 26th, 2012, 11:15 PM

Agreed! Im so looking forward to the day when I-5 is running THROUGH "downtown" instead of next to it, as in towers on the left AND right! With the Yesler Terrace development and all this First Hill action it really does seem like in the not too distant future that could be a reality!

LCIII · April 11th, 2012, 10:40 PM

504 Terry:

image hosted on flickr

504 Terry by LCCIII, on Flickr

LCIII · April 11th, 2012, 10:41 PM

1321 Seneca:

image hosted on flickr

1321 Seneca by LCCIII, on Flickr

image hosted on flickr

1321 Seneca by LCCIII, on Flickr

March 15th, 2012, 11:46 PM	#1
mSeattle Registered User Join Date: Dec 2002 Location: Seattle Posts: 809 Likes (Received): 11	First Hill Pictures, Projects, etc... Ok, First Hill has got to represent too. Polyclinic parking garage - 2/19/2012 image hosted on flickr by mSeattle, on Flickr image hosted on flickr by mSeattle, on Flickr image hosted on flickr by mSeattle, on Flickr image hosted on flickr by mSeattle, on Flickr Coppins Well? - 2/19/2012 image hosted on flickr by mSeattle, on Flickr image hosted on flickr by mSeattle, on Flickr __________________ *Too Much DOUBT - Troy Davis ExecutionYOU are Commander In Chief* of your body. Remember Bradley Manning.**

March 23rd, 2012, 09:18 AM	#4
mSeattle Registered User Join Date: Dec 2002 Location: Seattle Posts: 809 Likes (Received): 11	Alecta plans 25-story First Hill apartments March 23, 2012 Alecta plans 25-story First Hill apartments http://www.djc.com/news/re/12039184.html?cgi=yes By JON SILVER Journal Staff Reporter Alecta Real Estate Investment LLC has filed plans with the city of Seattle to build a 25-story apartment tower at 504 Terry Ave. on First Hill. Photo courtesy DJC: I think this is the site that a tower was being planned for before the recession, replacing a lowrise apartment building, the one on the far right: image hosted on flickr by mSeattle, on Flickr __________________ *Too Much DOUBT - Troy Davis ExecutionYOU are Commander In Chief* of your body. Remember Bradley Manning.** Last edited by mSeattle; March 23rd, 2012 at 09:45 AM.

March 23rd, 2012, 10:10 AM	#5
mSeattle Registered User Join Date: Dec 2002 Location: Seattle Posts: 809 Likes (Received): 11	Found another picture I took of the area. image hosted on flickr by mSeattle, on Flickr __________________ *Too Much DOUBT - Troy Davis ExecutionYOU are Commander In Chief* of your body. Remember Bradley Manning.**

March 24th, 2012, 08:39 AM	#14
NW Mike Registered User Join Date: Feb 2007 Location: Seattle,Bellevue,Everett Posts: 958 Likes (Received): 43	One project after another..Seattle is on the comeback baby! __________________ The less you know on any given subject, the more in-depth you can debate that subject.

April 11th, 2012, 10:41 PM	#20
LCIII Registered User Join Date: Jun 2011 Posts: 2,867 Likes (Received): 60	1321 Seneca: image hosted on flickr 1321 Seneca by LCCIII, on Flickr image hosted on flickr 1321 Seneca by LCCIII, on Flickr image hosted on flickr 1321 Seneca by LCCIII, on Flickr

March 16th, 2012, 05:26 PM	#2
LCIII Registered User Join Date: Jun 2011 Posts: 2,867 Likes (Received): 60	DJC: Swedish pension adviser Alecta continues to assemble land on First Hill, most recently paying $2.5 million, or $347 a square foot, for a small surface parking lot at 812 Eighth Ave. They had already purchased Paul Thiry's old building on the corner but now have added the neighboring parking lot. This is right next to Skyline. Hopefully they have something similar in mind! And then just a few blocks over is 8th and Seneca. First Hill is coming alive!

March 23rd, 2012, 11:22 AM	#6
LCIII Registered User Join Date: Jun 2011 Posts: 2,867 Likes (Received): 60	Id rather they built on the plot they most recently purchased but great to see them moving forward from property owners to builders! Hopefully they do that for all the land they've acquired on First Hill!

March 23rd, 2012, 06:35 PM	#7
SJM Registered User Join Date: Jun 2004 Posts: 1,234 Likes (Received): 3	25 stories not bad at all

March 23rd, 2012, 06:50 PM	#8
Suiattle Registered User Join Date: Feb 2012 Posts: 2 Likes (Received): 0	http://www.djc.com/news/re/12039193.html And another one at Boylston and Seneca

March 23rd, 2012, 06:57 PM	#9
LCIII Registered User Join Date: Jun 2011 Posts: 2,867 Likes (Received): 60	That's awesome! STILL not the lot they own that I wish they'd build on but it's great to see they're really serious about building and not just buying land! Is this where the old skygarden proposal was planned?

March 24th, 2012, 02:24 AM	#11
LCIII Registered User Join Date: Jun 2011 Posts: 2,867 Likes (Received): 60	Apartment towers of 23 and 25 stories slated for First Hill Two apartment towers have been proposed on Seattle's First Hill by a Swedish pension fund that bought the properties after earlier would-be developers went bust. By Eric Pryne Seattle Times business reporter A Swedish pension fund that started buying property on Seattle's First Hill more than a year ago has proposed two apartment towers in the neighborhood. A subsidiary of the pension fund, Alecta, has filed preliminary paperwork with city planners for a 25-story building at Terry Avenue and Jefferson Street and a 23-story tower at Boylston Avenue and Seneca Street. Together, the projects would have 536 apartments. Alecta has retained longtime Seattle developer William Justen to oversee the projects. Construction could start next year, Justen said Friday, but much depends on the market and the pace of permitting. The projects are Alecta's first in the Seattle area, he added. The city's East Design Review Board, an advisory body, is tentatively scheduled to consider both proposals May 2. Both sites were previously owned by developers who also planned to build residential high-rises, then lost the properties to foreclosure during the housing crisis. The Terry Avenue property, now occupied by an older apartment complex and office building, was owned by Michael R. Mastro, who proposed a 350-unit apartment tower there in 2007. Mastro was pushed into bankruptcy in 2009, and lenders foreclosed on the property in 2010. The Boylston Avenue property, now a parking lot, was to be the site of SkyGarden, a 24-story luxury condo tower. But, while the project had won city approval, developer Barclays North, which later went out of business, couldn't get a construction loan. Its lender foreclosed in 2009. Alecta acquired both properties in December 2010 for substantially less than Mastro and Barclays had paid a few years earlier.

March 24th, 2012, 02:25 AM	#12
LCIII Registered User Join Date: Jun 2011 Posts: 2,867 Likes (Received): 60	Really really great news!

March 24th, 2012, 07:02 AM	#13
Doomgoggles Unregistered non-user Join Date: Jul 2008 Location: Seattle/Kitsap Posts: 739 Likes (Received): 39	Hooray! Let's get the lonely First Hill Plaza some friends!

March 24th, 2012, 09:16 AM	#15
alexjonlin Registered User Join Date: Jun 2009 Posts: 2,264 Likes (Received): 84	Awesome! Neighborhood after neighborhood is getting taken up in the apartment building craze!

March 26th, 2012, 07:06 PM	#16
LCIII Registered User Join Date: Jun 2011 Posts: 2,867 Likes (Received): 60	The submitted plans for 504 Terry Ave arent online yet but they still have these old ones from 2008. Its a totally different project now with a totally different development team and new architects BUT its the same height and location so some of the renderings are kind of relevant from that perspective. http://www.seattle.gov/dpd/AppDocs/G...endaID2517.pdf DJC described the new plans as "240-foot-high concrete-frame building with 332 apartments and four levels of underground parking. A street level residential lobby and 4700 sq ft of commercial space are planned, along with a rooftop deck and garden."

March 26th, 2012, 09:47 PM	#17
alexjonlin Registered User Join Date: Jun 2009 Posts: 2,264 Likes (Received): 84	Wow, I didn't realize that part of First Hill was zoned that high! That's great.

March 26th, 2012, 11:15 PM	#18
LCIII Registered User Join Date: Jun 2011 Posts: 2,867 Likes (Received): 60	Agreed! Im so looking forward to the day when I-5 is running THROUGH "downtown" instead of next to it, as in towers on the left AND right! With the Yesler Terrace development and all this First Hill action it really does seem like in the not too distant future that could be a reality!

April 11th, 2012, 10:40 PM	#19
LCIII Registered User Join Date: Jun 2011 Posts: 2,867 Likes (Received): 60	504 Terry: image hosted on flickr 504 Terry by LCCIII, on Flickr

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