Seattle Civic Square

Seattle Civic Square

Cleared site for Civic Square, seen in 2016 with Seattle City Hall in the background
General information
Status On hold
Location Seattle, Washington, U.S.
Address 601 Fourth Avenue
Coordinates 47°36′12″N 122°19′52″W / 47.6034°N 122.3312°W / 47.6034; -122.3312Coordinates: 47°36′12″N 122°19′52″W / 47.6034°N 122.3312°W / 47.6034; -122.3312
Height
Roof 520 feet (160 m)[1]
Technical details
Floor count 43[2]
Design and construction
Architect Foster + Partners, GGLO, Atelier Dreiseitl[3]
Developer Bosa Development

The Seattle Civic Square is a proposed 520-foot (160 m) tall, 43-story skyscraper in Seattle, Washington, that was approved by the city in 2009.[1] The original building plan included space for retail, offices, and residences, as well as a 30,000-square-foot (2,800 m2) public plaza.[2][3]

The site has been vacant since the previous structure, the Public Safety Building, was demolished in 2005.[4] The Civic Square project was put on hold during the Great Recession of 2007–2008 as the developers search for financing or a tenant.[5]

Triad Development was later stripped of the right to build the project in late 2015, after being accused of coercing Seattle City Council candidate Jonathan Grant into settling a lawsuit with the Tenants Union of Washington over the renewal of the project's construction permit.[6] A different group of displaced tenants filed a suit against the city and Triad, alleging special treatment from the city for the project; the suit was settled in October 2015, with Triad paying $5.5 million into a housing affordability fund if the project is built.[7] Touchstone Development was granted Triad's interest in the project in March 2016, and began searching for possible tenants and financing.[8]

In May 2016, it was announced by Mayor Ed Murray announced that Touchstone would not continue developing the project, having failed to secure financing and tenants within the 60-day deadline.[9]

On October 28, Mayor Murray announced that Bosa Development would take over the contract and develop the building, paying into a equitable development fund and affordable housing. The project would be subject to design approval and could begin construction as early as 2018.[10] Under the new deal, Bosa would pay $16 million to build a new condominium tower (with a new design) on the property, and contribute $5.7 million to an affordable housing fund.[11][12]

See also

References

  1. 1 2 "Application No. 3007149" (PDF). City of Seattle, Department of Planning and Development. October 22, 2009.
  2. 1 2 Spratt, Gerry (October 22, 2009). "Downtown Civic Square project gets approval". Seattle Post-Intelligencer.
  3. 1 2 "Design Evolution of Civic Square" (PDF). City of Seattle, Department of Planning and Development. October 2009.
  4. ↑ Chan, Sharon Pian (December 12, 2007). "Seattle envisions new Civic Square". The Seattle Times.
  5. ↑ Levy, Nat (November 8, 2012). "Real Estate Buzz: It's a frothy time for selling big buildings". Seattle Daily Journal of Commerce.
  6. ↑ Beekman, Daniel (October 12, 2015). "Seattle council candidate alleges shakedown by developer". The Seattle Times. Retrieved May 12, 2016.
  7. ↑ Herz, Ansel (October 28, 2015). "Triad Development Reaches $5.7 Million Settlement with Tenants Over Troubled Downtown Civic Square Project". The Stranger. Retrieved October 28, 2016.
  8. ↑ Stiles, Marc (March 14, 2016). "The long-stalled $400M Civic Square project has a new driver: Touchstone". Puget Sound Business Journal. Retrieved May 12, 2016.
  9. ↑ Stiles, Marc (May 12, 2016). "Touchstone takes a pass on Civic Square project". Puget Sound Business Journal. Retrieved May 12, 2016.
  10. ↑ "Mayor Murray Directs Negotiation of Civic Square Deal, Proceeds to Fund Equitable Development and Affordable Housing" (Press release). Office of the Mayor. October 28, 2016. Retrieved October 28, 2016.
  11. ↑ Young, Bob (October 28, 2016). "Murray unveils new redevelop deal for block opposite City Hall". The Seattle Times. Retrieved October 28, 2016.
  12. ↑ Sullivan, Jennifer (October 28, 2016). "Mayor Murray Announces Plan for Seattle's Civic Square Project". KOMO News. Retrieved October 29, 2016.
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