The City's Department of Design Construction and Land Use has determined that the impact of the three-tower development is already covered in Allen's previous environmental reports: Seattle Commons/South Lake Union EIS in 1995 and the Terry Avenue Technology Court EIS in 2001. Vulcan and Milliken also have provided an addendum to the Seattle Commons/South Lake Union EIS that provides detailed information on the current proposal.

There is no agency appeal of this environmental determination. A subsequent DCLU Director's Master Use Permit Decision regarding Design Review and SEPA Conditioning will be administratively appealable.

The project, which includes the demolition of two existing buildings, is planned as a three-tower building over a common base with 134,600 sf of office space, 270 apartments and 97,800-sf of retail including a 49,400-sf grocery store. The property will include 18,000 sf of open space and parking for 785 vehicles in underground and surface parking lots. Project includes demolition of two existing buildings. In January, the developers announced that QFC agreed to be the aforementioned grocer. The store is scheduled to open in 2004.

Terry Avenue Technology Court is a nearby Allen project planned as a handful of buildings all located on Terry Avenue, between Mercer and Harrison streets in the South Lake Union area. Initially dubbed Terry Avenue Technology Court, the 500,000-sf, five-building project has been renamed Interurban Exchange on the advice of a professional branding firm. Four of the five buildings will be new construction and between four and five stories high. The fifth is an existing structure called the Van Vorst Building. It will most likely be renovated for use as a tenant amenity center. Pacific Real Estate Partners has won the leasing assignment.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.