Keller Williams Greater Seattle

Another one falls by the wayside

Saw this excerpt about the Candela Hotel & Residences project in the Seattle Time’s article on a new downtown apartment tower:

Urban Visions’ 35-story tower at Second Avenue and Pike Street, has been redesigned as an apartment project, in part to increase the likelihood of obtaining financing. Urban Visions’ original plan was for a luxury hotel and condos

Apparently, I’m a little behind the times…UrbanVisions switched the use from condo/hotel to apartments back in December 2009 as announced on their blog.

That’s four, once prominent, condo/hotel developments left as a footnote in history (AVA, 1 Hotel, Heron/Pagoda, Candela).

Though not a condo/hotel, me thinks the Insignia Tower project is pretty much a goner as well. A few weeks ago all of the Insignia signage had been painted over and now part of the lot has been opened up as a parking lot. They’ve not responded to any of my inquiries either.

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About the Author

About the Author: Ben Kakimoto is a Seattle condo and urban real estate marketing & listing specialist. Contact Ben to learn more about the Seattle condo and loft real estate market or about buying or selling a Seattle area condo. Find Ben on Google+, Twitter and Facebook. .

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