Developer Skanska USA has filed rough paperwork for a 12-story bureau building on a half retard in South Lake Union that it bought progressing this week.
The building, on Fairview Avenue North between Harrison and Republican streets, would have about 339,000 block feet of bureau space, shops or restaurants on a belligerent floor, and 4 or 5 levels of subterraneous parking, according to city records.
Skanska acquired a one-acre property, now a site of a empty warehouse, for about $11.6 million.
Zoning now boundary buildings on a site to 65 feet, about half what Skanska is proposing. But city officials are deliberation zoning changes for South Lake Union that would concede Skanska to erect an bureau building adult to 160 feet tall.
A Skanska mouthpiece pronounced a firm, a auxiliary of a Swedish construction giant, hopes to start building subsequent year, though couldn’t contend either construction would start but a sealed lead tenant.
Skanska is a latest organisation to join what has turn a growth bolt in Seattle’s South Lake Union neighborhood.
Amazon.com is completing a final building in a 1.7-million-square-foot domicile complex.
Spear Street Capital of San Francisco recently pennyless belligerent on a 130,000-square-foot office/retail building, and Seattle developers Touchstone and Vulcan Real Estate are seeking permits for bureau projects totaling another 1 million block feet.
UW Medicine is expanding a South Lake Union investigate center, and another 100,000-square-foot biotech building recently won city approval.
Nearly 400 apartments are underneath construction in South Lake Union, and another 1,300 are in a pipeline.
Eric Pryne: 206-464-2231 or epryne@seattletimes.com
