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All the latest news articles and market trends of the Seattle Real Estate Market. If it is happening in Seattle it is happening on the Stroupe Group.

Condominium Project Proposed for 1200 Howell Street in Downtown Seattle

1200 Howell Street Rendering 1200 Howell Street Rendering – courtesy of Weber Thompson

 

With two current condominium projects, LUMA and the Insignia, currently under construction, it is time for another wave of condominium development. We blogged about Gridiron, set to be completed in Spring 2017 just last week.

Today, the news broke on another Downtown condominium project has been proposed – this one by a Canadian developer, the Burrard Group. The group has been operating in and around British Columbia since 1985 & its vast portfolio includes golf course residential communities, commercial properties, hotels and master-planned developments. The firm’s website  showcases a variety of projects: from a village on the water’s edge in Cobble Hill, BC to Goldenwood at Nicklaus North – a community of high-end townhouses overlooking the fairway in Whistler. While the proposed tower would be the first Seattle project for the company, it would not be its first high-rise: Burrard Group built the iconic Eugenia Place tower in Vancouver.

 

Eugenia Place Vancouver Burrard Group’s Vancouver Project – Eugenia Place is easily recognizable by the tree on the roof.

 

The proposed tower at 1200 Howell Street in Downtown Seattle would be 41 stories tall and contain over three hundred residences. The Burrard Group has teamed up with one of Seattle’s most respected architectural firms, Weber Thompson, for the project. Weber Thompson’s Seattle portfolio reads like a who-is-who list of Seattle condominium buildings: Cristalla, Madison Tower/Hotel 1000 and, perhaps most notably, Fifteen Twenty-One Second Avenue. Weber Thompson has also designed a multitude of apartment buildings, such as the Viktoria, Premiere on Pine and Cirrus. Arguably, teaming up with one of Seattle’s best known architectural firms is a good insurance policy against litigation that has been plaguing condominium developers in the past condominium building cycle.

 

Fifteen Twenty-One Seattle Fifteen Twenty-One: one of Weber Thompson’s most famous projects.

 

According to Jason Wexler, Burrard’s Vice President of Development, who spoke to the Puget Sound Business Journal construction will start in 2016 – if all goes according to plan. Current renderings of the project show a sleek and modern tower, composed of what appear to be cubes stacked upon each other at different angles.  Burrard Group has not yet purchased the site, currently owned by Benaroya Companies. The site that might one day become Seattle’s newest high-rise is currently a parking lot… Which is not unusual. Insignia, Downtown Seattle’s newest condominium project was built on a site that was mostly a surface parking lot.  No word on who the general contractor and marketing team will be either – but we will keep you posted.

 

Proposed Site 1200 Howell Street Proposed Site 1200 Howell Street

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