Martin Selig Real Estate's plans for the downtown Seattle building that once housed the Federal Reserve are out of the vault.
Martin Selig said his current plan is to build a 29-story tower above the four-story building at 1015 Second Ave. that was built in 1950.
A three-story winter garden would act as a “hyphen” separating the old and new structures.
The building is on the National Register of Historic Places, which impacts what Selig can do with the structure.
Selig will have to go through the city's Landmarks Preservation Board in addition to design review. If all goes well, Selig said he would like to begin construction by the middle of next year.
Crews would leave the outside intact but add new spread footings and build office space inside the structure.
The completed project would have 533,000 square feet of rentable office space, and reach the maximum floor area ratio that zoning allows, Selig said.
Perkins + Will is the architect, Lease Crutcher Lewis is the general contractor and KPFF Consulting Engineers is the structural engineer.
Crews would remove the floors in the existing structure to add new footings and underground parking. The floors will be put back in the same place they are now, Selig said.
And this one is no more... 500ft/152.4m lopped off.
mm. Yea, this is pretty bad to me. Though it's not like it would put the town at stake.
Whether 10 or 30 stories, it hardly matters to this scale yet anyway.
SEATTLE | 1015 Second Avenue | 664 FT | 47 FLOORS
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