SEATTLE-Developer Paul Brenneke of Portland, OR, had expected to be moving dirt here by now for an estimated $130-million luxury hotel project at Second Avenue and Pine Street in Downtown. Instead, he is retracing his steps through the approval process, having last week attended an early design review meeting with city planning staff.

The project, in the works since 2000, previously received a Master Use Permit. However, a delay related to the city’s would-be monorail extension, which required a portion of Brenneke’s development site to be taken via eminent domain, ground the project to a halt and forced a partial redesign, Brenneke tells GlobeSt.com.

“We had a concern that if we simply tried to amend the old MUP, it might confuse things,” he says. “So now we have a new MUP application, but we’ve got a fully approved building with only minor modifications.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.