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Tag Archive | "Schuster Group"

More land use activity

Posted on 06 May 2011

Tags: 2116 4th Ave, HAL Real Estate Investments, Joseph Arnold Lofts, Land Use Activity, Schuster Group


Here’s a few more notable land use activity for the Seattle area. These are mostly apartments but one may end up as a condo tower.

2116 4th Avenue – Belltown

The 40-story residential tower at 2116 4th Avenue has received conditional approval from the Seattle DPD. The proposed building is located next door to the Cinerama Theater and might be called Cinerama Tower.

The developer, HAL Real Estate Investments, is also moving forward on the Cameo project on Capitol Hill. A few of their previous condo projects include The Concord, One Pacific Tower, the Braeburn and the conversion the Site 17 and Newmark Tower buildings. So there is a possibility this building may end up as condos during the next construction cycle.

Joseph Arnold Lofts – Belltown

The design proposal for the Schuster Group’s Joseph Arnold Lofts is available at the Seattle DPD. While this project is being proposed as an apartment building, Schuster’s other Belltown project was the Mosler Lofts condominium.

Download the proposal (pdf)

2915 Rainier Ave S – South Seattle

An early design guidance meeting for a mixed-use 61-unit residential & commercial development in South Seattle. What makes this interesting is that it is being developed by Artspace, which has three live/work artist loft buildings in the Seattle area – Tashiro Kaplan Artist Lofts, Artspace Hiawatha Lofts and Artspace Everett Lofts.

The meeting is scheduled for 5:30 pm on Tuesday, May 24, 2011 at Well Spring Family Services (1900 Rainier Ave S).

View the land use bulletin

100 Republican – Uptown / Lower Queen Anne

Demolition has begun at the lot for the 100 Republican apartment complex in Uptown (old QFC lot next to the Seattle Center). This is a massive low-rise building that’ll contain 275 units centered around a central courtyard.

and finally…

2428 NW Market St – Ballard

AMLI Residential, a corporate housing and luxury apartment company, is proposing to build a large 300-unit residential complex near the heart of Ballard at Market and 24th Ave NW. AMLI’s other Seattle area buildings include the AMLI 535 in South Lake Union and the AMLI Bellevue Park in Bellevue.

An early design guidance meeting has been scheduled for 6:30 pm on Monday, May 23, 2011 at the Ballard High School Library.

View the land use bulletin

Condo News - Other Development News, Real Estate Comments (0)

Notable Land Use Action

Posted on 31 March 2011

Tags: Bellora, Cameo Condos, HAL Real Estate Investments, Hewitt Architects, Investco Properties, Joseph Arnold Lofts, Klee, Land Use Activity, Paragon Real Estate, Runberg Architecture Group, Schuster Group, Seattle Apartments, Seattle Heights, Studio Meng Strazzara, Via Architecture, Vulcan Real Estate


A few notable land use bulletins came up recently which may be of interest to folks, including the resurrection of the Cameo project, a 27-story Belltown apartment tower and two new apartment developments in South Lake Union.

1527 15th Avenue (Capitol Hill)

The Cameo development on Capitol Hill is back on the table after a 3-year hiatus. The project was originally proposed as a sister condo development to the Braeburn across the street at 15th & Pine St. The current proposal, similar in design to the original, is a 6-story building with 56 residential units including 2 live/work units and retail space. The project is owned and being developed by HAL Real Estate Investments, whose residential portfolio includes both apartment and condominium buildings.

Design Review Board Meeting for the Cameo
     Date:   Wednesday, April 20, 2011
     Time:   8:00 pm
     Location:   Seattle University, Alumni Relations & Admissions Building, 824 12th Ave
     Design Proposal download (10 mb PDF); view bulletin

Rendering courtesy of Studio Meng Strazzara

2625 3rd Ave (Belltown) Note: Address changed to 225 Cedar Street

An early design guidance review meeting has been scheduled for the proposed 310-unit apartment building at 2625 3rd Ave 225 Cedar St, the adjacent property northeast of the Seattle Heights Condominium building. Interestingly, this project keeps growing from its initial 17-stories on the parcel where the American Lung Association building stood, to 20-stories, then 26-stories and now 27-stories, that when all phases are completed will encompass the whole 3rd Avenue half of the block.

I’ve heard there’s been strong opposition to the size of the project from residents at Seattle Heights. The project is being developed by Paragon Real Estate. Alto, an apartment tower currently under construction, is located across 3rd Avenue from this site.

Design Review Board Meeting for 2625 3rd Ave
     Date:   Tuesday, April 12, 2011
     Time:   5:30 pm
     Location:   Seattle City Hall, Boards and Commission Room L280
     Design Proposal from February download (15 mb PDF); view bulletin

Rendering courtesy of Hewitt Architects


Joseph Arnold Lofts (Belltown)

A design review board meeting as been scheduled for the Joseph Arnold Lofts apartment development in Belltown. To be developed by the Schuster Group who built Mosler Lofts, The Joseph Arnold Lofts is planned for the corner of Elliott Avenue and Cedar Way with the Bellora Condo on the northwest and The Klee Lofts to the northeast. When built, the 13-story 132 unit building will be within 20 feet of the Bellora’s southerly facade (as close as 10 feet in earlier designs) and an alley width from The Klee.

Update: 4/11. Per the DPD the meeting has been cancelled. See notice
Design Review Board Meeting for Joseph Arnold Lofts
     Date:   Tuesday, April 26, 2011
     Time:   5:30 PM
     Location:   Seattle City Hall
     View bulletin

Rendering courtesy of Via Architecture

975 John Street (South Lake Union)

Rollin Street Flats may soon get a new neighbor. A land use application (see bulletin) has been filed for an adjacent parcel located Northeast of Rollin Street, which is owned by Investco Properties. The application is for a 7-story, 145 unit residential building with 72 parking spaces. Investco’s residential arm develops and manages apartment buildings.

Vulcan has left the door open to re-convert Rollin Street Flats back to condominiums when the condo market rebounds.

420 Pontius (South Lake Union / Cascade)

Vulcan Real Estate is proposing a massive residential development that’ll encompass an entire block in the SLU/Cascade neighborhood, bounded by Pontius, Republican, Yale and Harrison. The proposed development will incorporate the historic landmark Supply Laundry Building with 7-story buildings, up to 320 residential units, approximately 10,000 square feet of retail space and parking for 360 vehicles (per the design proposal document).

The Laundry Block site is part of Vulcan’s vision to redevelop the South Lake Union area into desirable urban village attracting new businesses and residents. The Laundry Block is located 4 blocks east of Amazon’s new campus and 2 blocks north of REI.

Design Review Board Meeting for 420 Pontius / Laundry Block
     Date:   Wednesday, April 20, 2011
     Time:   6:30 PM and 8:00 pm
     Location:   Queen Anne Community Center, 1901 1st Avenue West, Room 3
     Design Proposal from October 2010 download (9 mb PDF)
     Report from the October 2010 meeting; view bulletin

Rendering courtesy of Runberg Architecture Group

Condo News - Other Development News, Feature, Real Estate Comments (1)

Design review meeting set for 2700 Elliott Ave

Posted on 18 June 2009

Tags: 2700 Elliott Ave, Bellora, Joseph Arnold Lofts, Klee, Schuster Group, Seattle Condos


May 2011 Update: This project is now called the Joseph Arnold Lofts. View all related posts about this development.

An early design review guidance meeting has been set for the 2700 Elliott Ave project (Elliott & Cedar), a proposed 13-story, 122-unit residential development in Belltown. The meeting will be held at Seattle City Hall on Tuesday, June 23rd at 5:30 PM in the Boards and Commissions Room L280.

The 2700 Elliott Ave parcel was purchased last year by the Schuster Group, developer of Mosler Lofts, who indicated at the time a desire to develop the property with a “green” condominium building. Recently, they stated to the DJC they are pursuing the design process now in order to be ready for the next development cycle and market upswing.

The parcel is situated adjacent to the Bellora and Klee Condominiums and a development proposal has been floating around since 2002 for this parcel, which has seen ownership changes in 2005 and 2008. Back in 2005 a DPD decision regarding a 14-story, 107-unit proposal was issued to a representative of Trammell Crow Residential.

The design proposal has been added to the Seattle DPD website and can be viewed here (PDF download).

Renderings courtesy of LMN Architects.

Belltown Condos, Feature, Real Estate Comments (1)

Belltown Condo Update

Posted on 01 May 2008

Tags: Embassy Development, Escala Seattle, Heron Tower, Insignia Towers, Schuster Group, Seattle Condos


Another Belltown condo project
The Schuster Group, developer of Mosler Lofts, purchased the site just south of the Bellora at Cedar and Elliott, according to the DJC. Earlier proposals for the site included a mid-rise apartment and condo projects. At one point one of the proposed projects was called “Bellora 2″.

Schuster’s current plans for the site is a “green” condo project which is zoned to 125′ for residential buildings. No time frame has been provided.

Insignia Towers
The DJC also reported that construction of the Insignia Towers project at 5th between Bell & Battery has been postponed, possibly until 2009. Insignia’s developer, Embassy Development, attributed the sluggish market for their decision.

Escala
As was widely reported earlier this week, Escala announced they’re increasing the prices of their remaining inventory. While the overall adjustment reflects a net increase, sources indicate that they also reduced prices on some of the units the east side of the building.

Belltown Condos, Real Estate Comments (0)
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