The property has master-use permit approval for two high-rise residential towers over a large podium.
SEATTLE—A twin-tower multifamily development plot located at 1901 Minor Ave. is in Seattle’s Denny Triangle neighborhood near the offices of Amazon, Facebook, Google, HBO, Seattle Children’s Hospital and the expanding convention center. The site has been purchased by Concord Pacific, a Canadian residential developer, for $72 million.
The Minor Avenue property has master-use permit approval for two high-rise residential towers over a large podium. As part of a long-term commitment to building vertical neighborhoods in Seattle, Concord Pacific, an urban residential developer, purchased the site at Minor Avenue and Stewart Street following its first foray, Seattle House, a mixed-use project adjacent to Amazon’s Spheres at 6th and Bell. This new acquisition marks the group’s second commitment to embrace growth in Seattle.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
