The PSBJ reported on a $20M dollar sale this week for a property located 4th and Bell. Initially, like most projects in the Seattle the last 5 years, we excepted the project to be apartments. Breaking this morning, TeamRise, the developer of the quarter block site, announced that the project will be condos. At this point, all we know is the location of the site and that the project is expected to 22 stories. This is great news for Downtown. The only other project currently under construction is Insignia Towers. This may be the start of more project announcements – Stay tuned.
Other new projects to keep an eye on:
Luma (First Hill – 24 stories 168 units)
2nd and Virginia (West Edge – see here)
View Future Developments – Changing Views in a larger map