Insignia Towers

The Insignia Towers, also known as 2301 6th Avenue and formerly as the Embassy Development Project, a pair of under-construction, 41-story skyscrapers in the Denny Regrade district of Seattle.[1] The buildings would be mainly residential condominiums with lower-level shops.[2] Approved in 2007, and placed on hold during the late-2000s recession, as of 2013 the developers revived the project and aim to complete the first phase of construction in mid 2015 with the second tower completed in the 4th quarter 2016.[3] When completed, the two tower project will have 707 residential units and 1,000 parking spaces.

History

In 2007 Embassy Development bought the property and gained approval to build two 440 foot condo towers on it.[3] The project was originally expected to be finished in 2011.[4] However, the project was cancelled following the 2008 economic crisis.[5][6] The property was transferred to Bosa Development, which, as of 2015, aims to construct the southern tower by 2015 and the northern tower by the end of 2016.[3]

References

  1. ↑ Embassy Development Project, Emporis, retrieved 2010-07-25
  2. ↑ Insignia I at Emporis
  3. ↑ 3.0 3.1 3.2 Eric Pryne (June 7, 2012). "41-story condo tower ready to start in downtown Seattle". The Seattle Times.
  4. ↑ "Insignia". Embassy Development. Retrieved 2010-07-25.
  5. ↑ SkyscraperPage
  6. ↑ SkyscraperPage

External links

Coordinates: 47°37′01″N 122°20′36″W / 47.61694°N 122.34333°W