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SEATTLE | 1903 Fifth Ave | 50 FLOORS | 500+ FT

Stanford Hotels eyes 50-story tower with a hotel and housing

http://www.djc.com/stories/images/20...s_map_web2.jpg

Quote:

An entity related to Stanford Hotels Corp. of San Francisco is talking with the city about building a 50-story tower at Fifth Avenue and Stewart Street that would combine a hotel and housing units.

Permit records show Stanford's early plan is for a 677,000-square-foot structure with approximately 194,000 square feet of hotel space, 225 housing units and 200 parking spaces.

Stanford representatives did not return a phone call requesting comment.

Project documents show Stanford is working with MulvannyG2 Architecture.

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July 9, 2014
http://www.djc.com/news/re/12067526.html

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Small site, big tower: Hotelier eyes 50-story downtown Seattle project

Quote:

No wonder Stanford Hotels Group paid so much money for such a small site. The company's planning to build a 50-story tower on the one-third acre parking lot at Fifth and Stewart in downtown Seattle.

According to paperwork filed at City Hall, San Francisco-based Stanford is working with MulvannyG2, a Bellevue architecture firm, on the mixed-use hotel tower. Early plans call for around 225 residential units and 200 parking stalls on eight levels, half below grade and half above. The hotel would take up nearly 30 percent of the 677,000-square-foot building – the rest would be residential units and parking.
Stanford Senior Vice President Denise Hannan was unavailable Wednesday.

This is the latest large hotel project in the neighborhood. Construction is under way on Touchstone Corp.'s Hill7 project, which includes office space as well as a hotel. R.C. Hedreen & Co. is planning a hotel near the expanding Washington State Convention Center, and Pineapple Hospitality is moving ahead with a project near Pike Place Market.

Big downtown companies like Amazon that regularly draw business visitors from out of state, combined with a lack of supply and an ease in credit availability, are driving this growth.

Stanford has agreed to pay $16.75 million for the Fifth and Stewart site, according to court records.

http://www.bizjournals.com/seattle/b...-50-story.html

Amazing how a 50 story tower is a filler building in that second aerial.

Nice tower Seattle!!

This development has been delayed.

The Escala condo on the same block has been fighting it. They've also substantially delayed a similar 550' tower about 80' north...they lost most of that ruling but its EIS needs an addition related to sunlight. This is a bunch of rich people using every trick in the book in the worst nimby case I can recall in Seattle.

I expect both towers to get built, but maybe not this year as they exhaust every method available to the rich.

I wonder where this stands? Will developers decide that it's better to pay the height fees and build slim, rather than to have a project mired in protracted legal and extra-legal wrangling like this?

Nothing they can do will stop the Escala residents from using every legal means (and possibly more) in the book. This one is working through MUP. I assume it's a matter of time.

Was the Heron Towers proposal from the early 2000s already approved? That was just one twin tower project.

I don't think that one got very far.

Currently, two unrelated towers are planned on that half-block, without using the rental car garage in the middle. The north tower hasn't showed much sign of life at least publicly, but the south one has.