According to the PSBJ, Continental Properties, the developer of the Cosmopolitan Condominiums downtown, just purchased a lot on 2nd Avenue and Virginia Street near the Pike Place Market with plans to build a 400 foot tall residential tower.
Currently the site is a surface parking lot and is just south of Cristalla Condominiums. The plan is to construct at 400 foot tall residential tower with 324 units but what is not known is whether they will be apartments or condos. Continental Properties has built both types of residential properties in the past.
Condominium Buildings Affected:
- Cristalla– All of the units on the south side of Cristalla will have their views affected with the addition of this building as they will look directly into it
- One Pacific Tower– The outlooks from the bedrooms and kitchens in some of the units will now look into this building – SE corner units will be most affected
- Market Place North and Market Place Tower condominiums– These condos will likely be affected by the construction inconveniences as well as their east facing views toward the city and South Lake Union area will change
By Marco Kronen with Seattle Condo Review: A guide to Seattle downtown condos.