Four Seasons Construction Under Way in Seattle
SEATTLE, WA, March 13, 2006. Demolition of an old parking garage last week launched site work for a new Four Seasons hotel and condominium. The 21-story hotel and condo tower will rise at the southwest corner of First Avenue and Union Street, adjacent to Pike Place Market and across the street from the expanded Seattle Art Museum. Completion is slated for early 2008. The 310,000-square-foot building will have 149 hotel rooms below 30 private residences managed by Four Seasons Hotels and Resorts.
The developer is the Seattle Hotel Group LLC, whose managing member is John Oppenheimer of Columbia Hospitality Inc. Four Seasons also is a member of the LLC, as are former Mayor Paul Schell; entrepreneur Bruce McCaw; and Tom Alberg, managing director of Madrona Venture Group.
The U-shaped building will surround a courtyard with an infinity lap pool and three outdoor fireplaces for year-round use. The predominant building materials will be glass, oxidized metal, stone and wood. Public spaces include a main ballroom, a grand lobby and a large restaurant and bar, all with water views.
The condominium units, ranging in price from $2 million to $10 million, will offer sweeping views of Elliott Bay and the Olympic Mountains. About half of the units have been sold.
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