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Another Paul Allen Project in the Works

SEATTLE-Hot on the heels of a six-story office building with ground-floor retail at 428 Westlake Ave. comes the announcement of another South Lake Union project. Vulcan Inc. is planning a 160-unit apartment or condominium complex on Minor Avenue North across from Cascade Playground.

By Gina Binole | Updated on June 16, 2002

SEATTLE-Paul Allen’s plans for the South Lake Union neighborhood continue to take shape.

GlobeSt.com recently reported that Vulcan Inc. was close to receiving its Master Use Permit for a six-story office building with ground-floor retail at 428 Westlake Ave. Underground parking for 125 is also part of the project. Late last week, the company publicly announced that project as well as a proposal for the development of a 160-unit apartment or condominium complex.

The multifamily development is the latest in a series of projects the former Microsoft millionaire has planned for the South Lake Union neighborhood. Vulcan representatives have said they hope the area between Seattle’s downtown and Lake Union eventually will become a hub for biomedical and biotech companies that also includes mixed-use areas, like restaurants, multifamily homes and retail shops.

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