The Civic Square project in Downtown Seattle has been riddled with delays since the project began and it continues to be today.
A history lesson on this project:
- 2005: the building that was once on the lot was demolished and the block walled off
- 2007: Triad Capital Partners, a real estate developer, won the contract to develop the property
- 2015: the original development company, Triad, was removed from the project
- 2016: the city announced the deal with Bosa Development to take over development of the project
- 2017: the city council approved the deal with Bosa Development
- 2019: in April there will be a Downtown Design Review Board meeting to potentially approve the updated plans from Bosa
- 2019-2020: this is when they are currently expecting the Master Use Permit to be issued
A quick update on the details:
- Located at 601 4th Ave between Cherry and James streets and 3rd and 4th avenues
- 58 stories
- 423 condominium units
- 3 levels of retail
- Parking for 586 vehicles
- 1 bedroom, 2 bedroom and 3 bedroom units
- Amenities: bike storage, gym, outdoor terrace, and on the 57th floor there will be a lap pool, deck space, party room, dining area, and garden lounge
- Bosa will pay $5.7M into Seattle’s affordable housing fund and develop a public plaza on the 3rd Ave side of the project
And so we continue to wait. We look forward to seeing another Bosa project in Seattle.
By Marco Kronen with Seattle Condo Review: A guide to Seattle downtown condos.