SEATTLE—GID Development Group, a privately-held real estate organization headquartered in Boston, is breaking ground on its 41-story residential project located at 2030 8th Avenue in downtown Seattle. The 355-unit luxury apartment tower features panoramic views of Seattle's downtown skyline, Lake Union, Puget Sound, and Elliot Bay.

GID has acquired or developed more than 54,000 residential units and in excess of 13 million square feet of commercial space. The company currently has a development pipeline of more than 12 million square feet of mixed-use projects including approximately 5,000 multifamily units in major metropolitan markets throughout the United States.

“Seattle is a priority market for us due to its strong employment growth, highly educated workforce and remarkable urban lifestyle,” said James Linsley, president of GID Development Group. “The location of this project at the intersection of South Lake Union and downtown Seattle's office and retail core, combined with the superior level of amenities and finishes makes this a unique and highly desirable development opportunity.”

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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.