MrVandelay
11-28-2006, 12:44 AM
Vulcan Starts Construction of Mixed Use 2201 West Lake Project
http://www.king5.com/business/stories/NW_112706BUBvulcandevelopmentSW.2ddfd58d.html
SEATTLE - Paul Allen's Vulcan Real Estate has announced plans for a mixed-use project in the South Lake Union area.
http://www.creativemediaalliance.com/client/vulcan/images/pic1b.jpg
Construction on the new 450,000-square-foot development, known as 2201 Westlake, has already begun. It includes two towers - a 12-story office tower and a 19-story office and residential tower - consisting of a retail and office podium below. Retail will occupy the first story, office space will be offered on the podium levels (floors 2-5) and the north tower (floors 6-12), and condominiums will be located in the south tower (floors 6-19).
It's expected to open in early 2009.
The 2201 Westlake development is located across the street from Vulcan's flagship 2200 project, which includes a Pan Pacific hotel, a Whole Foods Market, condominiums and several diverse shops and services.
"Building on the incredible momentum already underway in the neighborhood, kicking off our 2201 Westlake project represents another major step forward for Vulcan and the South Lake Union community as a whole that will help foster a truly dynamic, mixed-use lifestyle," said Ada M. Healey, vice president of real estate at Vulcan.
The building's design will feature more natural daylight than traditional buildings, low energy and water flow fixtures, and the use of eco-friendly materials.
The residential portion of 2201 Westlake will feature 135 luxury condominiums known as "Enso," which is a Japanese symbol signifying balance and enlightenment. The unit mix includes open one bedroom, one bedroom and two bedroom homes, and townhomes ranging in size from 650 to over 2,000 square feet. Prices start in the low $400,000's to over $1 million.
The 2201 Westlake project also includes a small triangular parcel of land at the convergence of Denny, Westlake and Ninth Avenue, which could be redeveloped as retail or potentially open green space.
http://www.king5.com/business/stories/NW_112706BUBvulcandevelopmentSW.2ddfd58d.html
SEATTLE - Paul Allen's Vulcan Real Estate has announced plans for a mixed-use project in the South Lake Union area.
http://www.creativemediaalliance.com/client/vulcan/images/pic1b.jpg
Construction on the new 450,000-square-foot development, known as 2201 Westlake, has already begun. It includes two towers - a 12-story office tower and a 19-story office and residential tower - consisting of a retail and office podium below. Retail will occupy the first story, office space will be offered on the podium levels (floors 2-5) and the north tower (floors 6-12), and condominiums will be located in the south tower (floors 6-19).
It's expected to open in early 2009.
The 2201 Westlake development is located across the street from Vulcan's flagship 2200 project, which includes a Pan Pacific hotel, a Whole Foods Market, condominiums and several diverse shops and services.
"Building on the incredible momentum already underway in the neighborhood, kicking off our 2201 Westlake project represents another major step forward for Vulcan and the South Lake Union community as a whole that will help foster a truly dynamic, mixed-use lifestyle," said Ada M. Healey, vice president of real estate at Vulcan.
The building's design will feature more natural daylight than traditional buildings, low energy and water flow fixtures, and the use of eco-friendly materials.
The residential portion of 2201 Westlake will feature 135 luxury condominiums known as "Enso," which is a Japanese symbol signifying balance and enlightenment. The unit mix includes open one bedroom, one bedroom and two bedroom homes, and townhomes ranging in size from 650 to over 2,000 square feet. Prices start in the low $400,000's to over $1 million.
The 2201 Westlake project also includes a small triangular parcel of land at the convergence of Denny, Westlake and Ninth Avenue, which could be redeveloped as retail or potentially open green space.
