3rd & Cherry
| Seattle Civic Square | |
|---|---|
.jpg) Cleared site for Civic Square, seen in 2016 with Seattle City Hall in the background | |
 | |
| General information | |
| Status | On hold |
| Location | Seattle, Washington, U.S. |
| Address | 601 Fourth Avenue |
| Coordinates | 47°36′12″N 122°19′52″W / 47.6034°N 122.3312°W |
| Height | |
| Roof | 520 feet (160 m)[1] |
| Technical details | |
| Floor count | 43[2] |
| Design and construction | |
| Architect(s) | Foster + Partners, GGLO, Atelier Dreiseitl[3] |
| Developer | Bosa Development |
The Seattle Civic Square is a proposed 520-foot (160 m) tall, 43-story skyscraper in Seattle, Washington, that was approved by the city in 2009.[1] The original building plan included space for retail, offices, and residences, as well as a 30,000-square-foot (2,800 m2)* public plaza.[2][3]
The site has been vacant since the previous structure, the Public Safety Building, was demolished in 2005.[4] The Civic Square project was put on hold during the Great Recession of 2007–2008 as the developers search for financing or a tenant.[5]
Triad Development was later stripped of the right to build the project in late 2015, after being 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.[6] 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.[7] Touchstone Development was granted Triad's interest in the project in March 2016, and began searching for possible tenants and financing.[8]
In May 2016, it was announced by Mayor Ed Murray announced that Touchstone would not continue developing the project, having failed to secure financing and tenants within the 60-day deadline.[9]
On October 28, Mayor Murray announced that Bosa Development would take over the contract and develop the building, paying into a equitable development fund and affordable housing. The project would be subject to design approval and could begin construction as early as 2018.[10] 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.[11][12]
See also
References
- ^ a b "Application No. 3007149" (PDF). City of Seattle, Department of Planning and Development. October 22, 2009.
- ^ a b Spratt, Gerry (October 22, 2009). "Downtown Civic Square project gets approval". Seattle Post-Intelligencer.
- ^ a b "Design Evolution of Civic Square" (PDF). City of Seattle, Department of Planning and Development. October 2009.
- ^ Chan, Sharon Pian (December 12, 2007). "Seattle envisions new Civic Square". The Seattle Times.
- ^ Levy, Nat (November 8, 2012). "Real Estate Buzz: It's a frothy time for selling big buildings". Seattle Daily Journal of Commerce.
- ^ Beekman, Daniel (October 12, 2015). "Seattle council candidate alleges shakedown by developer". The Seattle Times. Retrieved May 12, 2016.
- ^ 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.
- ^ 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.
- ^ Stiles, Marc (May 12, 2016). "Touchstone takes a pass on Civic Square project". Puget Sound Business Journal. Retrieved May 12, 2016.
- ^ "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.
- ^ Young, Bob (October 28, 2016). "Murray unveils new redevelop deal for block opposite City Hall". The Seattle Times. Retrieved October 28, 2016.
- ^ Sullivan, Jennifer (October 28, 2016). "Mayor Murray Announces Plan for Seattle's Civic Square Project". KOMO News. Retrieved October 29, 2016.
External links
- Civic Square from the City of Seattle
- Seattle Civic Square from Project for Public Spaces
- Civic Square Tower at Emporis