"637,700 sf, 50-story mixed use building with 360 residential units & 155 hotel rooms with 200 parking spaces." - Site photo docFrom todays DJC.
January 30, 2015
New York developer eyeing tower on 5th
By JOURNAL STAFF
A New York-based firm called Douglaston Development may be the latest to join Seattle's building bonanza.
City records show Douglaston is considering putting a 50-story hotel, residential and retail complex at 1933 Fifth Ave., where the Icon Grill now sits. Current plans call for 360 units, including apartments and 155 hotel rooms, as well as 200 parking spaces.
Representatives of Douglaston did not return a phone call requesting comment.
Perkins + Will appears to be working on the project, according to city records.
Douglaston's project would be on the same block where Stanford Hotels Corp. wants to build a 50-story hotel, apartment and condo complex. The Stanford site is at 1903 Fifth Ave.
Douglaston and Stanford aren't the only ones building big hotels in the Denny Triangle. With the proximity to Amazon.com's new campus, and the possibility of an expansion at the Washington State Convention Center, this area has become a hotbed for hotel development.
Here's a look at some of the other hotel projects in the neighborhood:
• 1821 Boren Ave. Touchstone Corp. is building Hill7, which will have a 14-story, 222-room Hilton Garden Inn and an 11-story office building. The hotel is scheduled to open this year.
• 924 Howell St. Stonebridge Cos., which was close to landing the site on Fifth Avenue where Stanford's project will be, is planning a 17-story Residence Inn by Marriott with 309 rooms.
• 9th and Stewart R.C. Hedreen Co. is planning the largest hotel in the neighborhood. It will be either 41 stories with about 1,650 rooms or 45 stories with about 1,260 rooms, depending on whether the city grants Hedreen an alley vacation.
• 2116 Fourth Ave. Lobsang Dargey's Path America is constructing the 40-story Potala Tower Seattle, with a 142-room Hotel Indigo and 339 housing units.
• 1121 Stewart St. RBF Property Group and GIS International Group are planning a skinny 42-story hotel and condo tower.
Douglaston's website says it has three companies: Douglaston Development, Levine Builders and Clinton Management, all led by Jeffrey Levine.
It says over the past seven years Douglaston has completed projects valued at $1.5 billion including 3,000 apartments, 2 million square feet of retail and 500 hotel rooms in New York City, and senior housing in the southwest.
One of the company's major projects is a 1 million-square-foot, mixed-use complex called The Edge, on a seven-acre site along the East River in the Williamsburg neighborhood of Brooklyn.
The Edge has 565 condos in two towers, 347 affordable units in two mid-rises, as well as open space, a public esplanade and a water taxi pier.
"Retail/Restaurant - 35,000; Hotel and Residential - 560,000; Parking - 130,000; 725,000 total. 400 dwelling units proposed. 325 parking spaces proposed.
On-street parking is currently provided along 5th Ave. This project is considering a valet drop-off space along 5th Ave. We are proposing to have a curb bulb installed on the corner of 5th and Virginia, ad an area to facilitate valet/vehicle drop-off along 5th Ave. Does SDOT foresee any concerns with this proposal?
What are the construction constraints with respect to the monorail?" - App for Land Use or Building Conference