Tower 12 is an apartment building in Seattle, Washington. The 34-story, 392-foot-tall (119 m) skyscraper has 314 apartments as well as 7,000 square feet (650 m2) of ground-level retail space.[5] It is located at the northwest corner of 2nd Avenue and Virginia Street near Pike Place Market and Victor Steinbrueck Park at the southwestern edge of the Belltown neighborhood.
| Tower 12 | |
|---|---|
 Under construction in April 2016 | |
  Location within downtown Seattle | |
| Alternative names | Tower 12 Apartments |
| General information | |
| Status | Completed |
| Type | Residential |
| Address | 2015 2nd Avenue Seattle, Washington |
| Coordinates | 47°36′42.28″N 122°20′32.60″W / 47.6117444°N 122.3423889°W |
| Groundbreaking | March 27, 2015[1] |
| Opened | May 2017 |
| Cost | $75 million[2] |
| Height | |
| Architectural | 392 feet (119 m) |
| Technical details | |
| Floor count | 34 |
| Design and construction | |
| Architecture firm | MG2 |
| Developer | Continental Properties |
| Main contractor | PCL Construction |
| Other information | |
| Number of units | 314 apartments |
| Parking | 336 parking stalls |
| Website | |
| tower12.com | |
| References | |
| [3][4] | |
The project's name, Tower 12, is a reference to the "12th man", a nickname for fans of the Seattle Seahawks football team.[6]
History
editThe 2nd & Virginia site was formerly proposed as part of a $67 million condominium project in the early 1990s called "One Pacific Towers", which would have had two 27-story towers with 145 units in each, that was later cancelled.[7] In 2008, developer Justen Company submitted proposals to build a 39-story, 234-unit condominium building on the same site, part of a two-tower project spanning Virginia Street,[8][9] but did not move further on into the design review process.[10]
Bellevue-based developer Continental Properties bought the quarter-block property and master-use permit in March 2014 for $16 million, and announced plans to build a 324-unit residential building on the site using the previously-approved master-use permit.[11] Initially planning to build condominiums,[12] Continental instead opted to build apartments (later named "Tower 12") because of the higher value and lower risk involved.[6]
Construction of the building began on March 27, 2015 and the building opened on May 1, 2017.[1][6] The building was topped out in August 2016.[13] Tower 12 was completed in mid-2017 and acquired by Weidner Apartment Homes for $225 million in October.[14]
References
edit- ^ a b "PCL Construction to Build 400-foot-tall Downtown Seattle Apartment Tower" (Press release). PCL Construction. March 27, 2015. Archived from the original on May 11, 2016. Retrieved May 10, 2016.
- ^ Rosenberg, Mike (March 10, 2017). "Record construction frenzy sweeps downtown Seattle; more building to come". The Seattle Times. Archived from the original on May 15, 2021. Retrieved March 27, 2017.
- ^ "Emporis building ID 310782". Emporis. Archived from the original on April 22, 2016.
{{cite web}}: CS1 maint: unfit URL (link) - ^ "Tower 12". MG2. Archived from the original on May 13, 2016. Retrieved May 10, 2016.
- ^ "Continental's Tower 12 ahead of schedule". Seattle Daily Journal of Commerce. February 10, 2016. Archived from the original on May 26, 2016. Retrieved May 10, 2016.
- ^ a b c "Continental starts Belltown apartments named for 12th Man". Seattle Daily Journal of Commerce. March 27, 2015. Archived from the original on June 10, 2016. Retrieved May 10, 2016.
- ^ Craig, Jerry (June 18, 1990). "Luxury condos back on scene". Seattle Daily Journal of Commerce. p. 1.
- ^ "Real estate tower proposed at 2nd and Virginia". The Seattle Times. February 15, 2008. Archived from the original on June 9, 2016. Retrieved May 10, 2016.
- ^ "Two 440-foot high-rises proposed at 2nd & Virginia". Seattle Post-Intelligencer. July 3, 2008. Archived from the original on June 10, 2016. Retrieved May 10, 2016.
- ^ "Permit & Complaint Status: Project #3007605 (2015 2nd Ave)". Seattle Department of Planning and Development. Archived from the original on May 11, 2016. Retrieved May 10, 2016.
- ^ Stiles, Marc (March 20, 2014). "Development site near Pike Place Market sells for $16 million". Puget Sound Business Journal. Archived from the original on June 2, 2016. Retrieved May 10, 2016.
- ^ Porter, Lynn (October 24, 2014). "2nd & Virginia tower will start as condos, but could be apartments". Seattle Daily Journal of Commerce. Archived from the original on June 10, 2016. Retrieved May 10, 2016.
- ^ "Tower 12 tops out in Belltown". Seattle Daily Journal of Commerce. August 26, 2016. Archived from the original on August 27, 2016. Retrieved August 28, 2016.
- ^ Miller, Brian (October 30, 2017). "Weidner pays $225M for Tower 12, likely setting a record price per unit". Seattle Daily Journal of Commerce. Retrieved October 12, 2022.