Due to landmark review requirements for the Terminal Annex Building, the 2nd Avenue twins are proceeding individually. A design review meeting for the 2015 2nd Avenue project has been scheduled for Tuesday, June 24th at 5:30pm at Seattle City Hall.
The proposal for 2015 2nd Avenue, located on the NW corner of 2nd and Virginia, is a 440′ 39-story tower featuring 244 residential units and retail space. If built, 2015 2nd would be adjacent to, and tower above, the Cristalla and One Pacific Tower condominiums.
More info and renderings are included in the design proposal which you can download here (note: this is a 16MB file).
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June 19th, 2008 at 9:55 am
I understand a little about available properties to build, but do they have to build every super-tall-tower in the same block?
It seems like every new development I read about is right next to another one (or a large commercial building).
Seems lame. I wouldn’t buy on the east side of Escala, for example, if those two ridiculously tall towers are gonna be built there in a couple of years.
Why not make use of spacier confines (at least for now). We’re probably 20 years away from having so many residents downtown that we need to cram our skyscrapers right next to each other like that.
June 19th, 2008 at 4:34 pm
I thought that because of the slowing housing market, nothing was moving forward.. Can someone tell me why these projects are any different?
June 20th, 2008 at 12:19 pm
Entitlement is relatively cheap and allows you to market and effectively sell the whole project to other funds/developers as a turn-key. Housing market in Seattle isn’t really slowing down compartively. Also if you want to hit the upswing -you need to be entitling and complete the project when the market is hot versus under construction and selling when the market is cool (Escala).
Cricket your rationale is so weak I’m not going to respond.