SEATTLE—Equity Residential has proposed a 39-story apartment high-rise with 400 apartment units for downtown Seattle.

Equity is applying for land-use and construction permits to build at the northeast corner of Second Avenue and Pine Street, according to the Puget Sound Business Journal. Currently the parcel is a surface parking lot.

Equity wants to include 2,700 square feet of ground-floor commercial space, four levels of underground parking and four levels of above-grade parking.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.