There's too many projects, I'm getting confused. Make it stop, I can't take it anymore.
Definitely large enough to warrant it's own thread!From todays DJC.
April 18, 2014
More hotels coming to downtown Seattle
By NAT LEVY
Journal Staff Reporter
Developers want to build two more hotels in downtown Seattle.
Permit records show a 300-room hotel is being planned at 924 Howell St. that would have parking, retail, restaurants and meeting rooms.
Talon Private Capital owns the land, which is a parking lot at the corner of Howell Street and Terry Avenue. Talon Managing Principal Bill Pollard said the company is under contract to sell the site to a developer, but he would not name the buyer.
While permit records show Talon is the owner of the site, an entity managed by Navin C. Dimond, president and CEO of Englewood, Colo.-based Stonebridge Cos., is listed as the applicant and financially responsible party. Stonebridge is a hotel developer and manager. Representatives from the firm did not return a phone call yesterday requesting comment.
Columbia West Properties and Pineapple Hospitality want to break ground in 2015 on a hotel at 1931 Second Ave. Columbia West's website says it will be called Hotel Clare but doesn't give other details or the number of rooms.
Columbia West recently sold a 19,440-square-foot site — also at Second and Virginia — to Continental Properties for $16 million. Representatives of Columbia West did not return a request for comments.
Weber Thompson is listed as the architect on the Howell Street project.
The hotel site is on a hot block, with an office building called 1800 Ninth that Talon bought, renovated and sold last year for $150 million, and Aspira, a 37-story apartment building that sold for $165 million in late 2012.
The site is not far from some other big hotel projects. One block east on Boren and Howell, Touchstone Corp. is building Hill7, which will have an 11-story office building and a 14-story hotel.
One block west, R.C. Hedreen Co. is planning a 40-story hotel at Ninth and Stewart.
All of these hotels could come in handy if the Washington State Convention Center moves forward with its expansion plans. The Convention Center recently paid $56.5 million for nearly 2 acres of land where it could build a $650 million expansion with 1 million square feet.
Stonebridge has tried to build a hotel in Seattle before. In June 2012 the company had a 13,000-square-foot parking lot at Fifth and Stewart under contract with plans for an 18-story hotel. The property went to auction last year after a long foreclosure process with the previous owner and Stonebridge was outbid by Stanford Hotels Corp.
In September 2012, AEW Capital Management of Boston and Stonebridge paid $60 million for a 28-story Hilton Seattle at 1301 Sixth Ave.
"It's a beautiful area right now, I'd hate to see it polluted with that."Looks to be taking out this shitty parking lot.
:check: Shut up and take my like.There's too many projects, I'm getting confused. Make it stop, I can't take it anymore.