SEATTLE | Downtown Projects: Completed, U/C, Proposed/Approved - Page 174

alki · #**3461** Posted **Aug 25, 2014, 11:11 PM**

Quote:

Originally Posted by horatio_the_hermit

http://en.wikipedia.org/wiki/Emmett_Watson

Late columnist for the Times and PI. Started the somewhat satirical anti-development "Lesser Seattle" movement. Great writer in the same vein as San Francisco's Herb Caen, but with a little less charm.

I think its important to note that Talton is not anti development per se but rather a proponent for good/balanced development. He doesn't want Seattle to lose what makes it unique.

Vashon118 · #**3462** Posted **Aug 26, 2014, 7:34 PM**

2025 Terry Ave

2025 Terry Ave 2014-08-16 by planet_lb, on Flickr

2025 Terry Ave 2014-08-16 by planet_lb, on Flickr

2021 7th Ave

2021 7th Ave 2014-08-16 by planet_lb, on Flickr

2021 7th Ave 2014-08-16 by planet_lb, on Flickr

2030 8th Ave

2030 8th 2014-08-16 by planet_lb, on Flickr

2030 8th 2014-08-16 by planet_lb, on Flickr

2101 7th Ave

2101 7th Ave 2014-08-16 by planet_lb, on Flickr

2101 7th Ave 2014-08-16 by planet_lb, on Flickr

Cielo

Cielo 2014-08-16 by planet_lb, on Flickr

Cielo 2014-08-22 by planet_lb, on Flickr

Insignia

Insignia 2014-08-22 by planet_lb, on Flickr

Insignia 2014-08-22 by planet_lb, on Flickr

Madison Centre

Madison Centre 2014-08-22 by planet_lb, on Flickr

Madison Centre 2014-08-22 by planet_lb, on Flickr

Premier on Pine

Premier on Pine 2014-08-16 by planet_lb, on Flickr

mhays · #**3463** Posted **Aug 26, 2014, 7:56 PM**

Hell yeah. 5th & Columbia is ahead of Madison Centre too...already did demo, has started utility relocations.

Some guesstimates about volume of groundbreakings or pre-work (demo, utilities) since 2010 for greater Downtown, around 2,500 acres:
--Office: 6,000,000 nsf.
--Laboratory/Medical: 800,000 sf.
--Residential: 12,500 units.
--Hotel: 1,000 rooms.

soleri · #**3464** Posted **Aug 26, 2014, 8:01 PM**

Quote:

Originally Posted by horatio_the_hermit

Talton is Emmett Watson with an economics degree and a couple extra lbs.

I know Talton and while he appreciates Watson's mystique, I doubt he would want to be compared to him. He's essentially an exile in Seattle, his native Phoenix banishing him for writing unflattering truths about that declining city. His personal blog Rogue Columnist (http://www.roguecolumnist.com/rogue_columnist/) makes consistently flattering comments about Seattle's advantages over the denialism one sees in Phoenix. He even mocked Watson's Lesser Seattle ethos as an aspect of nostalgia more at home in Portland than Seattle. Yes, he appreciates aesthetic qualms and the loss of Seattle's special flavors. Who doesn't except for a few philistines in forums like this one?

chris08876 · #**3465** Posted **Aug 26, 2014, 8:16 PM**

Quote:

Originally Posted by mhays

Hell yeah. 5th & Columbia is ahead of Madison Centre too...already did demo, has started utility relocations.

Some guesstimates about volume of groundbreakings or pre-work (demo, utilities) since 2010 for greater Downtown, around 2,500 acres:
--Office: 6,000,000 nsf.
--Laboratory/Medical: 800,000 sf.
--Residential: 12,500 units.
--Hotel: 1,000 rooms.

Seattle is getting close to 700,000 residents. I would imagine by the end of 2016, it might reach that population. 2013 it was 652k. Growth rate is up there as one of the highest for a mid-sized city. Nearby Bellevue is also up there when it comes to new units.

mhays · #**3466** Posted **Aug 26, 2014, 8:26 PM**

I'd predict 700,000 maybe early in the next decade. The recent jumps have relied upon soaking up empty units, the construction boom, families staying in place when they have kids, and people doubling up. We're used up the excess vacancies, and the construction boom will tail off at some point. Doubling up might fall as the economy gets better. Some families will stay in place due to lifestyle and the critical mass of families, but others will head for the suburbs when they can.

seaskyfan · #**3467** Posted **Aug 27, 2014, 4:18 AM**

Did you folks hear about Weyerhaeuser moving their HQ to Pioneer Square? Link to their internal memo at Publicola:

http://www.seattlemet.com/news-and-p...erhaeuser-2014

They'll be in the new 200 Occidental building. Great news for Pioneer Square!

mhays · #**3468** Posted **Aug 27, 2014, 4:49 AM**

There's a pretty impressive inflow of local firms to the urban core. Like this time, they usually talk about employee recruitment/retainage being a main reason.

alki · #**3469** Posted **Aug 27, 2014, 5:03 AM**

Quote:

Originally Posted by seaskyfan

Did you folks hear about Weyerhaeuser moving their HQ to Pioneer Square? Link to their internal memo at Publicola:

http://www.seattlemet.com/news-and-p...erhaeuser-2014

They'll be in the new 200 Occidental building. Great news for Pioneer Square!

Yes, and Weyerhaeuser is not even tech. Now if we could convince Microsoft to move on over.............

Some interesting info coming out of the Weyerhaeuser move...........DT Seattle has seen an increase of 20K jobs since 2009. The other interesting fact.............Weyerhaeuser has 3 to 4 times the space in their Federal Way location than what they will lease in Pioneer Square. Either they have been downsizing for a while, or their cubicles in Pioneer Sq are going to be squeezed very tightly together.

alki · #**3470** Posted **Aug 27, 2014, 5:16 AM**

Vashon, I don't know how you keep track of all these bldg sites.

Is 2021 7th Ave the Amazon bldg?

Is it the setting sun giving the Insignia bldgs a yellow cast to them? The project is massive.

Are the Madison Centre and 5th and Columbia catty corner to each other?

When all these bldgs get built and filled, there is going to be a huge spike in the DT population.

mhays · #**3471** Posted **Aug 27, 2014, 5:23 AM**

Madison Centre is the only project at 5th & Madison.

They'll increase the population but not that much. Madison Centre and 5th & Columbia are about 1,300,000 sf in a greater downtown that's probably 50,000,000 sf. The population west of I-5 and south of Queen Anne Hill is I think in the 30ks, so 707 units at Insignia might be a <3% addition or so. Yes the two projects on 7th are Amazon.

alki · #**3472** Posted **Aug 27, 2014, 6:12 AM**

More SLU office space on its way: Well-known apartment builder launches first office project in Seattle

Marc Stiles

http://www.bizjournals.com/seattle/b...st-office.html

mhays · #**3473** Posted **Aug 27, 2014, 7:19 PM**

With Weyerhaeuser's move, the largest public companies in greater Downtown Seattle, in terms of annual sales in 2012, will be:
--Amazon: $61b (more like $80b now)
--Starbucks: $13b
--Nordstrom: $12b
--Weyerhaeuser: $7b
--Expeditors: $6b

The largest local companies are Costco (was $99b, passed the century mark last year) and Microsoft ($73b in 2012).

InlandEmpire · #**3474** Posted **Aug 27, 2014, 8:10 PM**

Seeing a little bit of activity at both Madison Centre and 5th & Columbia is promising - I'm really a big fan of both designs. Hope they keep moving along!

2030 8th is shaping up to be a very handsome building....I have a feeling it will be one of the most attractive residential projects in the city when it's topped out.

alki · #**3475** Posted **Aug 28, 2014, 5:06 AM**

Quote:

Originally Posted by InlandEmpire

Seeing a little bit of activity at both Madison Centre and 5th & Columbia is promising - I'm really a big fan of both designs. Hope they keep moving along!

2030 8th is shaping up to be a very handsome building....I have a feeling it will be one of the most attractive residential projects in the city when it's topped out.

I like 2030 8th and these three..........none of which may get built this cycle:

mhays · #**3476** Posted **Aug 28, 2014, 5:14 AM**

All three have shown permit activity this year. Good chance one or two will get built in this cycle.

The definition of "this cycle" is very much guesswork. Apartments might slow down but seem likely to keep churning at a moderate level even then. Condos are starting to be viable again, if the owner is heavily capitalized. Hotels have become a worthy partner for mixed-use buildings again.

mSeattle · #**3477** Posted **Aug 28, 2014, 7:55 PM**

That's interesting. One of those is Ava on Pine which has been silent for a while. Maybe they were waiting for 815 Pine and the lowrise to near completion before starting. Would be great to have that surface parking lot gone. So many surface parking lots still.

mhays · #**3478** Posted **Aug 28, 2014, 9:28 PM**

They've been leasing part of the parking lot and old hotel wing to the adjoining lowrise project.

alki · #**3479** Posted **Sep 3, 2014, 3:22 AM**

EVEN Hotels & Staybridge Suites Teaming Up for SLU Project

Tuesday, September 2, 2014, by Sean Keeley

http://seattle.curbed.com/archives/2...lu-project.php

alki · #**3480** Posted **Sep 3, 2014, 3:35 AM**

First glimpse: Here’s what Seattle’s latest hotel high-rise could look like

The Stonebridge project is one of more than a dozen hospitality projects teed up for downtown Seattle (subscription required). Seven projects with hotel components are either already under construction or soon will be, and another nine are proposed. Together these 16 projects would, if they all get built, add 3,150 rooms to downtown. The current inventory of downtown hotel rooms is around 10,750.

http://www.bizjournals.com/seattle/b...est-hotel.html