3rd & Cherry

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3rd & Cherry
Seattle Civic Square site, March 2016 (26394047473).jpg
Cleared site for Civic Square, seen in 2016 with Seattle City Hall in the background
3rd & Cherry is located in Seattle WA Downtown
3rd & Cherry
Location within downtown Seattle
Former names Seattle Civic Square
General information
Status Proposed
Location Seattle, Washington, U.S.
Address 601 Fourth Avenue
Coordinates 47°36′12″N 122°19′52″W / 47.6034°N 122.3312°W / 47.6034; -122.3312Coordinates: 47°36′12″N 122°19′52″W / 47.6034°N 122.3312°W / 47.6034; -122.3312
Height
Roof 629 feet (192 m)[1]
Technical details
Floor count 57[1]
Design and construction
Architect James K.M. Cheng
Developer Bosa Development

3rd & Cherry, formerly Seattle Civic Square, is a proposed 629-foot (192 m) tall, 57-story skyscraper in downtown Seattle, Washington. The residential high-rise, located near Seattle City Hall and the civic campus, will have 520 condominiums and amenity spaces, including a public plaza at ground level and retail spaces.[1]

Triad proposal[edit]

The site, at 3rd Avenue and Cherry Street, was formerly home to the Public Safety Building, which was demolished in 2005.[2] A 43-story residential and office tower, named the Seattle Civic Square, was approved in 2009, with developer Triad Development and a design team lead by Foster + Partners and GGLO.[3] The original building plan included space for retail, offices, and residences, as well as a 30,000-square-foot (2,800 m2) public plaza.[4][5] The Civic Square project was put on hold during the Great Recession as the developers search for financing or a tenant.[6]

In late 2015, Mayor Ed Murray announced he would not renew the contract with Triad Development after an employee of Triad's was accused of coercing Seattle City Council candidate Jonathan Grant into settling a lawsuit with the Tenants Union of Washington over the renewal of the project's construction permit.[7] A different group of displaced tenants filed a suit against the city and Triad, alleging special treatment from the city for the project; the suit was settled in October 2015, with Triad paying $5.5 million into a housing affordability fund if the project is built.[8] Touchstone Development was granted Triad's interest in the project in March 2016, and began searching for possible tenants and financing.[9]

Bosa proposal[edit]

In May 2016, Mayor Ed Murray announced that Touchstone would not continue developing the project, having failed to secure financing and tenants within the 60-day deadline.[10] On October 28, 2016, Mayor Murray announced that Bosa Development would take over the contract and develop the building, paying into an equitable development fund and affordable housing. The project would be subject to design approval and could begin construction as early as 2018.[11] Under the new deal, Bosa would pay $16 million to build a new condominium tower (with a new design) on the property, and contribute $5.7 million to an affordable housing fund.[12][13]

In 2017, Bosa unveiled their new proposal, designed by James K.M. Cheng, with no office space.[1]

See also[edit]

References[edit]

  1. ^ a b c d Miller, Brian (October 31, 2017). "Here's Bosa's Civic Square design, with 520 condos, retail and plazas". Seattle Daily Journal of Commerce. Retrieved November 3, 2017. 
  2. ^ Chan, Sharon Pian (December 12, 2007). "Seattle envisions new Civic Square". The Seattle Times. 
  3. ^ "Application No. 3007149" (PDF). City of Seattle, Department of Planning and Development. October 22, 2009. 
  4. ^ Spratt, Gerry (October 22, 2009). "Downtown Civic Square project gets approval". Seattle Post-Intelligencer. 
  5. ^ "Design Evolution of Civic Square" (PDF). City of Seattle, Department of Planning and Development. October 2009. 
  6. ^ Levy, Nat (November 8, 2012). "Real Estate Buzz: It's a frothy time for selling big buildings". Seattle Daily Journal of Commerce. 
  7. ^ Beekman, Daniel (October 12, 2015). "Seattle council candidate alleges shakedown by developer". The Seattle Times. Retrieved May 12, 2016. 
  8. ^ Herz, Ansel (October 28, 2015). "Triad Development Reaches $5.7 Million Settlement with Tenants Over Troubled Downtown Civic Square Project". The Stranger. Retrieved October 28, 2016. 
  9. ^ Stiles, Marc (March 14, 2016). "The long-stalled $400M Civic Square project has a new driver: Touchstone". Puget Sound Business Journal. Retrieved May 12, 2016. 
  10. ^ Stiles, Marc (May 12, 2016). "Touchstone takes a pass on Civic Square project". Puget Sound Business Journal. Retrieved May 12, 2016. 
  11. ^ "Mayor Murray Directs Negotiation of Civic Square Deal, Proceeds to Fund Equitable Development and Affordable Housing" (Press release). Office of the Mayor. October 28, 2016. Retrieved October 28, 2016. 
  12. ^ Young, Bob (October 28, 2016). "Murray unveils new redevelop deal for block opposite City Hall". The Seattle Times. Retrieved October 28, 2016. 
  13. ^ Sullivan, Jennifer (October 28, 2016). "Mayor Murray Announces Plan for Seattle's Civic Square Project". KOMO News. Retrieved October 29, 2016.