TeamRise, a Chinese Company, has purchased a quarter-block lot in Belltown for $20 million and plans to put a 22 story building on the site. The lot is on 4th Avenue and Bell St, directly next door to the fire station.
According to the Puget Sound Business Journal, the Developer has announced that the building with indeed be condominiums for sale and not a rental apartment building. They anticipate construction beginning in early 2016.
Source: Puget Sound Business Journal
By Marco Kronen with Seattle Condo Review: A guide to Seattle downtown condos.
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