Seattle has seen a huge boom in construction over the last few years, to the point that Business Insider wrote an article about how ‘crane counting is becoming a thing’. This week, we’re zooming into the new crane capital of the US to introduce five large-scale residential developments that are currently under construction and ranking them by the largest permits filed in the last 2 weeks.
1) 1101 8th Avenue
The largest value permit filed in Seattle over the last two weeks was a $201 million building permit for the development of two high rise residential towers by LMC. The two towers will house 550 residential units over 32 stories, with ground level retail, restaurant, and office space. The L-shaped site will include the vacation of an alley connecting Seneca Street and Spring Street.
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2) 600 Wall Street
A $73.4 million building permit reveals that construction on a new residential and retail tower is underway. The tower at 600 Wall St has a small triangular-shaped footprint and is located a few blocks southeast from the Space Needle. The project is a joint development between China’s largest residential and real estate developer Vanke and California-based Laconia Development.
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3) 820 John Street
A proposal for a new 28-story building on the corner of John Street and 9th Avenue by Denny Park is under review. The first building permit for this project was filed on July 31 with an estimated value of $64.1 million. The existing buildings on the 21,000 square-foot lot will be demolished, and the latest building plans show an increase in residential units from the originally planned 160 to 248 units.
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4) 800 Columbia Street
Another high-rise residential building is moving ahead on the northeast corner of the intersection at 8th Avenue and Columbia Street. The 30-story tower is being developed by Daniels Real Estate, and will provide housing for mixed-income residents and easy access to Seattle’s downtown. The development pulled their first permit on July 31 with a job value of $50.3 million.
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5) 3717 South Alaska Street
Downtown Seattle isn’t the only area building multi-family complexes. A new mixed-use project is in the works in Columbia City, 15 minutes southeast of the city. But unlike the residential high-rises, this complex will be much shorter with 5-7 stories, and will include other amenities such as multiple plazas, courtyards, and shopping areas. Three building permits were filed in July for the demolition, excavation, and construction of the new building, and the largest permit value is $38 million.
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