[chris08876]

New high-rises in Seattle will be a series of 'neighborhoods'

National real estate development company Crescent Heights' proposed high-rise project will be built as apartments.

This new information is according to materials that the privately held Miami-based company recently filed with the city. Last year, shortly after the company paid $18.5 million for the property at 1901 Minor Ave., Crescent West Coast Acquisition Manager Elliott Kahn said he wasn't sure what the company would build on the property now occupied by a small office building and surface parking lot.

The plan now to build is a pair of two 39-story towers with an eight-story podium. When complete, there will be about 600 apartments, nearly 440 underground parking stalls and street-level retail.

To break up the scale of such a large project, architects at Gensler are proposing "easily legible amenity spaces" throughout the towers. That's what's stated in a design review packet that Crescent submitted to the city. The scheme will help break up the towers into "neighborhoods," according to the packet.

Crescent has developed large condo, apartment, office and hotel projects in cities across the country, but this is its first in Seattle, Kahn said last year. He added the company had been looking at deals for about five years, and the property on Minor "was the first one that kind of fit right." Kahn was not immediately available Tuesday.

==============================
http://www.bizjournals.com/seattle/blog/...3A+seattle_blog_biztalk+(Seattle+BizTalk)