City Investors Inc., a real estate subsidiary of Allen'sBellevue, WA-headquartered Vulcan Northwest, and Seattle-baseddeveloper The Vance Corp. announced their partnership (known asComprise LLC) for the development of the 300-room hotel.

Jim Falconer, principal in Seattle-based Vance with MarkHoutchens, tells GlobeSt.com the preliminary concept, for what isnow only the Midtown East Development, calls for the inclusion ofluxury condominiums above the hotel and retail below. Beyond thatFalconer was unable to provide specifics.

Though preliminary designs have been drafted, the designs arenot ready for public release, and the hotel's architect has yet tobe selected. As to the brand of hotel, Falconer says that, amongothers, conversations have been taking place with Ritz Carlton.

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