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Aspira (building)

Coordinates: 47°36′58″N 122°20′01″W / 47.616047°N 122.333473°W / 47.616047; -122.333473
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Aspira
Viewed from Virginia Street and Boren Avenue
Aspira (building) is located in Seattle WA Downtown
Aspira (building)
Location within downtown Seattle
General information
StatusCompleted
TypeRetail/Residential
LocationSeattle, Washington
Address1823 Terry Avenue
Coordinates47°36′58″N 122°20′01″W / 47.616047°N 122.333473°W / 47.616047; -122.333473
Construction started2007
Completed2009
OpeningMarch 2010
OwnerTIAA
Height
Roof400 ft (122 m)
Technical details
Floor count37
Floor area346,000 sq ft (32,100 m2)
Lifts/elevators3
Design and construction
Architect(s)LMN Architects
DeveloperUrban Partners
Main contractorTurner Construction
Other information
Number of units325
References
[1][2][3]

Aspira is a 400-foot-tall (122 m) skyscraper in the Denny Triangle neighborhood of Seattle, Washington. It has 37 floors, and mostly consists of apartments, of which there are 325 units. Parking spaces total 355. Construction began in 2007 and was completed in late 2009. The building is located on Stewart Street at Terry Avenue.

History

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Urban Partners first proposed a 37-story residential and retail tower on the parking lot of the Gethsemane Lutheran Church, located south of the intersection of Stewart Street and Terry Avenue,[4] in July 2006.[5]

Construction on the tower began in 2007. The project was completed in late 2009 and opened to tenants in March 2010.[6]

Aspira was originally intended to be a luxury condo building, but it was changed into an apartment rental building due to market conditions in 2009. At launch, the apartments in Aspira were significantly better than average Seattle apartments at the time, featuring concrete floors, air conditioning, private balconies, and large panoramic windows.

In November 2012, the tower was sold to TIAA-CREF for $165.7 million, setting a new regional record with a per-unit price of $509,760.[7]

See also

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References

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  1. ^ "Aspira". SkyscraperPage.
  2. ^ "Emporis building ID 316167". Emporis. Archived from the original on September 25, 2015.{{cite web}}: CS1 maint: unfit URL (link)
  3. ^ Aspira High-Rise Residential Tower Archived 2012-03-25 at the Wayback Machine, LMN Architects
  4. ^ "State keeps two Seattle construction cranes shut down". Puget Sound Business Journal. June 13, 2008. Retrieved September 1, 2016.
  5. ^ "Permit & Complaint Status: Project # 3003807". Seattle Department of Planning and Development. July 26, 2006. Retrieved September 1, 2016.
  6. ^ "Aspira Apartments Open This Weekend, under Budget and Ahead of Schedule" (Press release). The Keller Group. March 19, 2010. Retrieved September 1, 2016 – via Business Wire.
  7. ^ Stiles, Marc (November 2, 2012). "TIAA-CREF is buyer of Aspira downtown Seattle apartment tower". Puget Sound Business Journal. Retrieved September 1, 2016.
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