[Image: studio/216 for NBBJ]
Last week the Seattle City Council approved a vote to increase the building heights around the South Lake Union neighborhood.
According to Seattle Department of Planning and Development documents, there are nine new projects in the pipeline:
- Skanska – 400 Fairview. 13 story, 301,000 sq ft office building with 30,000 square feet of retail space
- Touchstone Corp – 307 Fairview Ave. N. Two buildings, 13 and 12 stories with more than 800,000 sq ft of office space
- Equity Residential – 222 Fairview Ave. N. Two, 7 story apartment buildings, totaling 497 units
- Greystar Real Estate – 400 Boren Ave. N. A 7 story, 279 unit apartment
Other proposed projects in the works:
- Vulcan – 325 and 400 Ninth Ave. N. Two buildings, 12 stories, with a total of 600,000 sq ft of office space
- Vulcan – 330 and 333 Eighth Ave. Two 195,000 sq ft office buildings.
- Walsh Construction – 501 Fairview Ave. N. 11 story tower and one 12 story tower, with 275,000 sq ft of office space, and 9,800 sq ft of retail.
- The Wolff Co. – 430 Eighth Ave. N. 8 story, 200 unit building, with 13,000 sq ft of retail.
- Stanford Hotels – 300 Terry Ave. 15 story, 283 room hotel
Along with the rezoning, the Seattle City Council made the decision to raise fees for developers in an act to encourage inclusion of a number of low-income housing units in their projects. The fee went up from $15.15 to $21.68. So far none of the developers have decided to build to the full height allowed under this new decision.