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Old July 2nd, 2014, 08:18 PM   #1
desertpunk
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SEATTLE | Potala Tower | 134m | 440ft | 41 fl | On Hold



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Construction Beginning Soon On 41-Story Potala Tower



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DJC is reporting that construction will begin in late summer on the 41-story Potala Tower, the apartment & hotel project at 2116 Fourth Ave. The 577K sq. ft. tower is expected to be include 350 apartments, 150 hotel rooms, restaurant space and 200 below-grade parking stalls. The project was previously known as Cinema Tower with a focus on Hollywood-style living capped with an outdoor movie theater. No word on whether or not that survives the rebranding.





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Old July 3rd, 2014, 03:02 AM   #2
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Actually the article said "late this year." That jibes with the fact that it just went in for building permit, which takes at least five months. They could start demo earlier though.

I love projects like this....1/3 acre, 350 units, 150 hotel rooms, 200 parking spaces below-grade. Very efficient. Belltown is decently active today, and projects like this will make it a truly great district.
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Old July 4th, 2014, 12:00 AM   #3
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500ft?
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Old July 4th, 2014, 08:15 AM   #4
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It'll be 440'. Seattle has a sizeable 400' zone around the CBD, and residential gets another 10% for mechanical and architecture. We have four residentials of that height going up now, and something like 17 planned in some form in the past year or two.

Also, residential is usually about 10' per floor.
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Old July 6th, 2014, 09:39 PM   #5
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Nice roof terrace. Probably with great views.
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Old August 15th, 2014, 11:43 PM   #6
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Old September 15th, 2014, 04:22 AM   #7
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8/29

Quote:
Originally Posted by Ruffhauser View Post
From todays DJC.

http://www.djc.com/news/re/12069311.html

August 29, 2014

Developer marks start of 41-story Belltown tower
By JOURNAL STAFF

Path America held a groundbreaking ceremony Thursday for a 41-story hotel and apartment tower at 2116 Fourth Ave.

Site mobilization will begin in September, and crews will demolish a building on the site before starting construction.

The complex will have 342 apartments and a 142-room Hotel Indigo, which is an upscale brand of InterContinental Hotels Group. There will also be a restaurant, wine bar, rooftop deck and a garage with more than 200 stalls.

The $190 million project is called Potala Tower Seattle. It is expected to open in the first quarter of 2017.

Lobsang Dargey is president of Path America, an Everett-based company that finances projects using the federal EB-5 program. The program enables people to obtain green cards and a path to American citizenship if they invest at least $500,000 in qualifying real estate projects. The minimum investment is $1 million for projects that are outside of targeted high-unemployment areas.

Dargey, who is Tibetan, named the tower after Potala Palace in Tibet that was once the residence of the Dalai Lama.

The ceremony included a traditional Tibetan blessing and was attended by Seattle Mayor Ed Murray and state officials.

Weber Thompson is the architect, interior designer and landscape architect. Turner Construction Co. is doing pre-construction work. Cary Kopczynski & Co. is structural engineer and KPFF Consulting Engineers is civil engineer.


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Old September 15th, 2014, 04:23 AM   #8
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Businesses vacating:

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Old September 17th, 2014, 05:01 PM   #9
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I like the colors so much more on the poster that's on-site than the original proposed scheme. I hope it looks more like the poster in the end. Regardless, this will be so great for improving the density of that immediate area. All of the Belltown/Denny Triangle fringe is exploding with projects right now. Wont even be recognizable in a few years time when all is said and done!
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Old October 2nd, 2014, 04:37 PM   #10
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Old October 20th, 2014, 08:11 PM   #11
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Originally Posted by geoffloftus View Post




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Old December 4th, 2014, 11:32 PM   #12
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Talk about under the radar. I didn't know this was an EB-5 project, and it is really happening.
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Old February 23rd, 2015, 12:52 AM   #13
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...
Quote:
Originally Posted by geoffloftus View Post
Still haven't started digging in earnest, but a sign is up...



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Old April 6th, 2015, 07:16 PM   #14
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Originally Posted by fechang View Post
Nothing much happening, sadly (but new contractor signs on the fence)

...
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Old April 16th, 2015, 10:23 AM   #15
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Construction finally starts on 41-story Potala Tower in Seattle

http://www.bizjournals.com/seattle/b...ry-potala.html
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Old April 18th, 2015, 02:33 AM   #16
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I have no idea what's happening in this case. However, shoring is typically considered the start of construction in this city, and they have a shoring permit as you appear to know.

Edit, more info: Basically every tower in Seattle starts construction with a shoring permit, long before they get the next two or three permits to finish the building. This provides more time for the remaining design work.
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Old April 20th, 2015, 10:48 PM   #17
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Quote:
Originally Posted by Digging Permit Only View Post
Developer has no Permissions or permits to construct any below grade garage, any foundation or any tower at this time.

Are you seriously claiming that Path America is Beginning Construction of 41 foot Potala Tower in Seattle???

Are we trying to pull the wool over someone's eye's?

Developer only has permits to dig a hole and support the sides so that they don't fall in...

Are you really calling this "construction of a 41 foot tower?"

I would think a good journalist would have checked his facts.
Actually no, no one here is claiming anybody started a 41 foot "tower", but they certainly aren't spending $millions just to dig a hole in the ground... Perhaps for a 41 story tower.
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Old June 22nd, 2015, 03:43 AM   #18
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Time for public input on the Proposed Potala Tower. Public Notice was given last Thursday and there are two weeks for public comments.

Will the City approve or deny the Major Use Permit Application and the significant changes needed to build the tower as proposed?

Critics have taken offense to the claim that a 41 story apartment and hotel tower is "Under Construction" because the permit approvals from the city do not include a building permit for a tower yet.

Maybe DPD will approve. Maybe they won't. Maybe they'll condition an approval.

To say that a tower is under construction when the construction permit (and Major MUP Application changes) are not approved is simply misleading to those who might consider investing in a project.
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Old June 25th, 2015, 04:35 AM   #19
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Was it this board you got banned from for inventing various identities and doing nothing but trashing this project, or the other board?
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Old June 26th, 2015, 06:29 PM   #20
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There is no project trashing. It sounds like it might be a great tower if it does get approved.

The concern has simply been that some are claiming a tower is currently being constructed on this site. We see great site preparation and see that shoring, grading...... and construction of a side sewer has been approved. But site prep is not "construction of a tower."

The consideration of the changes needed to move forward with construction of the tower (as Potala has envisioned) is in process. The approvals and permits to move forward with Tower construction have not been issued.

The application for some of the necessary permits are numbered #3018762 and #3019344. If you look these up on the City of Seattle website, you will see the city updates as of June 23, 2015. Here it notes that zoning review and land use the review are INCOMPLETE at this time. The city has made sure to put yellow highlight on these incomplete areas of the review.

BTW, refrain from stating that I'm trashing a project, any project. I'm just looking at the permissions given by the city and what construction has actually been approved (again, only shoring, grading, side sewer). We all need to wait until permission is given for the tower before we can honestly say the the construction on site is more than site preparation.

Last edited by Seattle DPD Reports; June 26th, 2015 at 06:37 PM.
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