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WB1200

Coordinates:47°37′06″N122°19′54″W/ 47.61833°N 122.33167°W/47.61833; -122.33167
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WB1200
Rendering of the planned WB1200 project
Map
Alternative names1200 Stewart
General information
StatusUnder construction
TypeResidential and retail
Location1200 Stewart Street
Seattle,Washington, U.S.
Coordinates47°37′06″N122°19′54″W/ 47.61833°N 122.33167°W/47.61833; -122.33167
Construction startedMay 2018
Estimated completion2024
Cost$381 million
Height
Architectural484 ft (148 m)
Technical details
Floor count48
Floor area1,400,000 square feet (130,000 m2)
Design and construction
Architecture firmHenriquez Partners Architects
DeveloperWestbank Corporation
Main contractorGraham Construction
Icon West Construction
JTM Construction
Other information
Number of units1,014 apartments
Parking613 spaces
Website
1200stewartproject
References
[1][2]

WB1200,also known as1200 Stewart,is a future twin skyscraper complex in theDenny Triangleneighborhood ofSeattle,Washington, United States. The project is located at the intersection of Stewart Street andDenny Wayand comprises 1,014 apartments and retail space in two 48-story buildings. The retail space, housed in a three-story podium with an indoor galleria, is planned to feature a music venue and aBoeing 747-400fuselage. It began construction in 2018 and is scheduled to be completed in 2024.

History

[edit]

Planning

[edit]
Aerial view of WB1200 during construction in July 2022

The triangular site at 1200 Stewart Street, occupied by a mix of single-story businesses and parking lots also facing Denny Way and Minor Avenue,[3]has been proposed as the site of a residential high-rise since the late 2000s by several developers.[4]Lexas Companies submitted a proposal in 2007 to build a pair of 36-storymixed-usetowers withcondominiumsand ahotelover a retail podium.[4]The project, designed by architectPaul Thoryk,was to include 300 condominiums ranging fromstudio unitsto three-bedroom residences, a 250-room hotel, and a largefitness club.[5][6]The tower was also proposed as the home of theCollege Club of Seattle,which had vacated its former building in Downtown Seattle, but negotiations later fell through.[7]

Lexas had planned to begin construction in 2010, but progress was hindered by the search for a major financial investor amid theeconomic recession.[8][9]The city government granted a master-use permit to Lexas for the project in 2012 with a four-year expiration date.[4][10]The Westbank Corporation ofVancouversubmitted a revised design to the city in September 2015, proposing a pair of 38-story towers with 892 residential units without a hotel.[4]The company purchased the triangular project site for $52.8 million in October and unveiled a "wave-like design" byHenriquez Partners Architectsa month later.[11][12]An additional $297 million in financing from an unnamed pension fund was also announced in 2019 by DSC Capital.[13]The project is expected to cost $381 million in total to construct.[14]

Construction

[edit]

In September 2016, the city government approved a revised master-use permit for the project, which would comprise two 45-story towers with 1,050 total residential units above a retail podium and 736 parking stalls in an underground garage.[15]The permit was later modified to add four stories of residential units with a $10 million fee paid into the city's mandatory housing affordability fund.[16]Construction began in May 2018 undergeneral contractorGraham Construction; the project was planned to be completed in 2021.[17][18]Graham and Westbank were later accused by subcontractors of failure to pay for labor or supplies; the dispute, along with theCOVID-19 pandemicand a regional concrete workers strike, contributed to delays for the project.[19]

Graham stepped down from the project in late 2022 and filed a $50.1 millionlienagainst Westbank.[20][21]Several subcontractors also filed liens against Westbank and Graham for alleged failures to pay for work between 2018 and 2022.[17]Icon West Construction replaced Graham as the main contractor, with construction managed byJTM Constructionbeginning in early 2023.[21][22]While Westbank more widely delays projects and faces court cases,[23]the project is planned to be completed in early 2024, three years later than originally expected.[21]

Design

[edit]

WB1200 occupies a triangular lot bound to the north by Denny Way, to the east by Yale Avenue, to the south by Stewart Street, and to the west by Minor Avenue. It is located adjacent toInterstate 5in the northeast corner of theDenny Triangleneighborhood.[18][24]It consists of two 48-story towers with 1,014 residential units above an eight-story podium with 148,700 square feet (13,810 m2) of retail space and amenities.[16]The podium will have a two-story music venue operated byLive Nation,aTrader Joe'sgrocery store, and other retailers.[16]An indoor galleria within the podium connecting Denny Way and Stewart Street will include a decommissionedBoeing 747-400fuselage to hang 14 feet (4.3 m) above the walkway and serve as office space for Westbank.[25][26]The fuselage was purchased from a scrapyard in California and was formerly part of theUnited Airlinesfleet from 1990 to 2017.[27]

The residential towers, designed byHenriquez Partners Architects,will have sculpted balconies that are shaped into a "wave-like" facade inspired by theAquaskyscraper inChicago.[12]The balconies, mainly concentrated on the north side of the towers, will have gardens and trees to create a "sensual form".[28]The residential towers will also have a rooftop patio, adog park,and a swimming pool.[29]The complex will have 613 total parking stalls in a four-story underground garage accessed from Minor Avenue, with commercial and retail spaces separate from those for residential use.[16][28]

References

[edit]
  1. ^"Westbank 1200 Stewart Tower I".Emporis.Archived fromthe originalon January 11, 2020.
  2. ^"Body of Work: 1200 Stewart".Westbank Corporation.RetrievedMarch 5,2021.
  3. ^Campanario, Gabriel (May 30, 2021)."A slew of skyscrapers in the Denny area is reshaping Seattle's skyline".The Seattle Times.RetrievedJune 16,2021.
  4. ^abcd"B.C. firm revives an old plan for 2 more towers".Seattle Daily Journal of Commerce.September 25, 2015.RetrievedMarch 5,2021.
  5. ^Holden, Dominic (January 24, 2008)."The Erection on Denny".The Stranger.Archived fromthe originalon July 20, 2008.RetrievedMarch 5,2021.
  6. ^Porter, Lynn (March 26, 2009)."Lexas sees 2010 start for twin tower project".Seattle Daily Journal of Commerce.RetrievedMarch 5,2021.
  7. ^Meyer Brahm, Jane (January 27, 2008)."College Club tests member loyalty during lengthy quest for new home".Puget Sound Business Journal.RetrievedMarch 5,2021.
  8. ^Lang Jones, Jeanne (July 5, 2009)."Lexas believes condo buyers will show up".Puget Sound Business Journal.RetrievedMarch 5,2021.
  9. ^Stiles, Marc (April 2, 2010)."1200 Stewart: Lexas says lenders interested".Seattle Daily Journal of Commerce.RetrievedMarch 5,2021.
  10. ^Bhatt, Sanjay (June 5, 2014)."Hotels could transform key downtown Seattle corridor".The Seattle Times.p. A1. Archived fromthe originalon December 16, 2014.RetrievedMarch 5,2021.
  11. ^"Denny Triangle site sold for $53M".Seattle Daily Journal of Commerce.October 1, 2015.RetrievedMarch 5,2021.
  12. ^ab"Westbank proposes an Aqua-like wave for 1200 Stewart complex".Seattle Daily Journal of Commerce.November 13, 2015.RetrievedMarch 5,2021.
  13. ^Stiles, Marc (February 8, 2019)."Pension money backs Seattle luxury project with $297 million in financing".Puget Sound Business Journal.RetrievedApril 11,2023.
  14. ^Basnet, Neetish (May 12, 2023)."The List: Largest Construction Projects".Puget Sound Business Journal.RetrievedNovember 21,2023.
  15. ^Bentley, Kristin (September 8, 2016)."Vancouver, B.C.-based Westbank Receives Approval On 889-Unit Residential Project In Seattle's Denny Triangle".The Registry.RetrievedMarch 5,2021.
  16. ^abcdMiller, Brian (October 24, 2019)."Trader Joe's store to open in Denny Triangle towers".Seattle Daily Journal of Commerce.RetrievedMarch 5,2021.
  17. ^abDingman, Shane; Younglai, Rachelle; Bula, Frances; Hager, Mike (December 5, 2023)."Real estate developer Westbank faces litigation for Canadian, U.S. projects due to unpaid bills".The Globe and Mail.RetrievedFebruary 25,2024.
  18. ^abStiles, Marc (May 16, 2018)."Construction starts on 48-story apartment towers in Seattle".Puget Sound Business Journal.RetrievedMarch 5,2021.
  19. ^Groover, Heidi (June 10, 2022)."Flashy Seattle high-rise planned with a jet on site faces delays, liens".The Seattle Times.RetrievedOctober 25,2022.
  20. ^Stiles, Marc (September 20, 2022)."Westbank proposes 46-story Seattle tower on church property".Puget Sound Business Journal.RetrievedOctober 25,2022.
  21. ^abcStiles, Marc (March 30, 2023)."Still unresolved: Westbank, Graham's fight over 2-tower Seattle project".Puget Sound Business Journal.RetrievedApril 11,2023.
  22. ^Stiles, Marc (February 9, 2023)."Seattle condo tower around 80% pre-sold, developer says".Puget Sound Business Journal.RetrievedMarch 26,2023.
  23. ^Chai, Howard (2023-11-09)."Westbank Denies Insolvency As Lien Claims Extend To 8 Projects".storeys.Retrieved2024-01-13.
  24. ^"1200 Stewart".Henriquez Partners Architects.RetrievedMarch 5,2021.
  25. ^Stiles, Marc (February 7, 2020)."Exclusive: Live Nation to open venue in two-tower Seattle development".Puget Sound Business Journal.RetrievedMarch 5,2021.
  26. ^Barandy, Kat (March 31, 2022)."A suspended Boeing 747 will host Westbank's new workspaces in Seattle".Designboom.RetrievedAugust 12,2022.
  27. ^Groover, Heidi (November 13, 2021)."Boeing 747 to park in Seattle high-rise".The Seattle Times.RetrievedDecember 15,2021.
  28. ^abStiles, Marc (November 16, 2015)."Trees will grow from these curvy, 'sensual' new Seattle skyscrapers".Puget Sound Business Journal.RetrievedMarch 5,2021.
  29. ^Craighead, Callie (March 19, 2021)."New Denny Triangle high rise set to be completed this year will feature Boeing 747, Trader Joe's".Seattle Post-Intelligencer.RetrievedMarch 23,2021.