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

[alki]

Originally Posted by seaskyfan

^ Looks good. Like the massing a lot.

Me too. Looking forward to the next renders that show more detail.

[mSeattle]

Originally Posted by alki

2nd + Stewart Tower Making Room For Itself Downtown

Tuesday, January 20, 2015, by Sean Keeley




http://seattle.curbed.com/archives/2...f-downtown.php

I'm not a fan of this one. It's kind of blank at least in the day time rendering. Maybe it'll look nice at night.

[alki]

Originally Posted by mSeattle

I'm not a fan of this one. It's kind of blank at least in the day time rendering. Maybe it'll look nice at night.

That's why I want to see more detail. The rendering shows the general shape which I like but now we need to see the materials to be used.

[mSeattle]

Would be GREAT for this to happen in downtown Seattle.

http://www.djc.com/news/ae/12074215.html

January 28, 2015
In a quest for vibrant downtowns, cities take a swing at big garages
Garages from the 1960s are being replaced by mixed-use complexes — with parking that's hidden from view.
By SCOTT McFETRIDGE
Associated Press

DES MOINES, Iowa — They were supposed to be saviors of downtown, drawing people by offering parking as plentiful as at any suburban shopping mall.

But decades after cities tore down buildings and replaced them with parking structures, communities across the country are demolishing the garages and putting up buildings again, confident that more people will be drawn to lively offices, hotels and housing.

[mSeattle]

January 28, 2015
Senate bill would scrap Seattle tunnel project
Republican Sens. Michael Baumgartner and Doug Ericksen say the state needs to “stop throwing money at a hole in the ground.”
By MARTHA BELLISLE
Associated Press

Two state senators say it's time to scrap the stalled Seattle tunnel project and bury Bertha, the broken-down $80 million state-of-the-art drilling machine, so the transportation department can find alternatives to fix or replace the viaduct that carries traffic along the city's waterfront.

Republican Sens. Michael Baumgartner and Doug Ericksen introduced a bill Tuesday that says the Alaskan Way Viaduct Replacement Project has failed “and the project as it is currently designed cannot be justified financially.” The state needs to “stop throwing money at a hole in the ground,” said Baumgartner, from Spokane.

Cover of "The Stranger" - June 2014

DSC06958 by mSeattle, on Flickr

[mSeattle]

Value of downtown Seattle property climbs $600k in 43 seconds, hits $7.6M
Jan 28, 2015, 12:18pm PST | Updated: Jan 28, 2015, 5:09pm PST

Marc Stiles
Staff Writer- Puget Sound Business Journal

http://www.bizjournals.com/seattle/b...n.html?s=print

After sitting vacant for six years, the old Federal Reserve Bank branch in downtown Seattle is suddenly a hot commodity.

The value of the historic building increased 13 percent in 31 minutes Wednesday morning, jumping to $6.8 million in an online auction. At 9:28 a.m., a bidder offered $6 million for the property. Seconds later, a rival offered $100,000 more.

At 10 a.m., – just as the auction was scheduled to end – the bidding really heated up. Over the course of 43 seconds, four bids were submitted, sending the price soaring from $6.2 million to $6.8 million.

As a result, the winner won't be known until at least 10:01 a.m. Thursday, though the auction could be extended beyond then if people continue to bid.

UPDATE: The bidding war between two parties resumed after this post first went up. Just after 4 p.m. Wednesday, someone offered $7.2 million, and within one minute, this party and a rival submitted a total of three more bids. As of 5 p.m. Wednesday, the high was $7.6 million. More: http://www.bizjournals.com/seattle/b...n.html?s=print

[alki]

Seattle is nation's fifth-fastest growing city, says Forbes


http://www.bizjournals.com/seattle/m...city-says.html

[alki]

Originally Posted by mSeattle

[B][SIZE="3"]

After sitting vacant for six years, the old Federal Reserve Bank branch in downtown Seattle is suddenly a hot commodity.

The value of the historic building increased 13 percent in 31 minutes Wednesday morning, jumping to $6.8 million in an online auction. At 9:28 a.m., a bidder offered $6 million for the property. Seconds later, a rival offered $100,000 more.

At 10 a.m., – just as the auction was scheduled to end – the bidding really heated up. Over the course of 43 seconds, four bids were submitted, sending the price soaring from $6.2 million to $6.8 million.

As a result, the winner won't be known until at least 10:01 a.m. Thursday, though the auction could be extended beyond then if people continue to bid.

UPDATE: The bidding war between two parties resumed after this post first went up. Just after 4 p.m. Wednesday, someone offered $7.2 million, and within one minute, this party and a rival submitted a total of three more bids. As of 5 p.m. Wednesday, the high was $7.6 million. More: http://www.bizjournals.com/seattle/b...n.html?s=print

I suspect that's the site of DT's next office skyscraper.

[mhays]

I'd guess it closer to $25,000,000 to $35,000,000 as a teardown. Figure at least $1,000 per square foot for the 2/3 acre, minus something for the costly process you'd have to go through first, but also accounting for the unlimited height. It's subject to floor area ratio limits and probably view corridor requirements that would make an office tower pretty short, but housing isn't subject to FAR....

[mSeattle]

January 30, 2015
New York developer eying tower on 5th
By JOURNAL STAFF
http://www.djc.com/news/re/12074291.html?cgi=yes

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.
---
Comment: This would be the site of the former Heron towers proposal.

[mSeattle]

Deleted

[alki]

Located kitty-corner from an old office building that Amazon.com (NASDAQ: AMZN) is rehabbing, Trammell's project is the latest in a string of office developments in the Puget Sound region. There's so much going on that Seattle-Bellevue is now the fourth most active market in the country for office development.

This is according to commercial real estate services company JLL (NYSE: JLL), which counts 4.1 million square feet of office construction and renovation. That's nearly 6 percent of the region's overall inventory of office space, and nearly as much as the 5.2 million square feet of office development underway in New York City, which is No. 3 on JLL's list.

No. 1 on JLL's list is Houston, where a whopping 16.2 million square feet of office is under construction or renovation. Dallas is second with 5.2 million square feet.


http://www.bizjournals.com/seattle/b....html?page=all

[alki]

Never been able to put into exact words why some cities work and others don't...........this video actually breaks it down into 6 simple points [for some reason you have to click on the video link to see the video].

How to Make Cities Right


• Video Link

[mSeattle]

Would be cool if the renovation could include a glass roof element, mixing old and new like they do in Europe.


Meeting this week on Yesler Building rehab
By JOURNAL STAFF
http://www.djc.com/news/co/12074320.html

King County is preparing for what could be a $30 million renovation of the Yesler Building, a seven-story office structure at 400 Yesler Way.


Photo by Benjamin Minnick enlarge

[InlandEmpire]

Some new initial renderings for the 2nd & University Skanska project....looking good!

[joeg1985]

Oh wow. How tall is that? Does it take up the entire block along second and the entire block long union?

[shakman]

Looks like it is next to Russell Investments which at 598ft. This tower may actually be taller than 440ft.

[mhays]

Yes, it's over 500'.

Only some areas are 440'. We have four office towers under construction (or shoring at least) that are 500' to 660', all in zones that allow 500' for commercial or unlimited. Of course FAR is an issue everywhere.

[alki]

Next-gen towers rise near empty office space

Feb 6, 2015, 3:00am PST

Marc StilesStaff Writer-
Puget Sound Business Journal
Email | Twitter

Construction is under way on several big office projects in Seattle, with two of those – Fifth + Columbia and Madison Centre – set to add a whopping 1.3 million square feet of space. The developers are banking that tenants will choose these new projects over second-generation space.

There's a lot of the latter as shown in this list of downtown's five most-vacant buildings, all of which are within four blocks of Fifth + Columbia and Madison Centre.

[IMG]http://media.bizj.us/view/img/5012721/most-vacant-buildings-graphic1*xx.jpg[/IMG]

http://www.bizjournals.com/seattle/p...ice-space.html

[alki]

Colorado's Stonebridge to open Marriott's new hotel brand near Amazon HQ in Seattle



http://www.bizjournals.com/denver/bl...=image_gallery