SEATTLE—Equity Residential has proposed a 39-story apartment high-rise with 400 apartment units for downtown Seattle.
Equity is applying for land-use and construction permits to build at the northeast corner of Second Avenue and Pine Street, according to the Puget Sound Business Journal. Currently the parcel is a surface parking lot.
Equity wants to include 2,700 square feet of ground-floor commercial space, four levels of underground parking and four levels of above-grade parking.
Weber Thompson, a Seattle architecture firm, is listed on city records as the designer of the project.
Chicago-based Equity, the largest publicly traded apartment owner in the country, bought the site last summer for $22 million from Starwood Capital Group.
Click Puget Sound Business Journal to read the full story.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
