Keller Williams Greater Seattle

Another condo / hotel project in the works

According to a Daily Journal of Commerce article, GIS sold its property at Stewart and Minor to a Chinese-based firm, RBF Property Group, that plans to develop a condo / hotel tower on the site. GIS has had plans for a condo / hotel at the site since 2007.

The current propsal is a 440-feet tall, 42-story tower with 78 hotel rooms and 95 condominium homes.

Read the full article at the DJC.

RBF joins Continential Properties, which is also proposing a 400-ft tall condominium tower at 2nd Ave & Viginia. Combined with the Lowe and Laconia developments, the downtown area could soon have several major condo towers under development in the next few year.

RBF condo hotel

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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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