According to the DJC and PSBJ, the Burrard Group, out of Vancouver BC, has plans to construct a condominium tower in Seattle's Denny Triangle at 1200 Howell St. If this tower gets the green light, construction will begin in fall of 2016 on this group's first development in Seattle. The tower will be 41 stories and contain 364 condos with ground floor retail but only 275 parking spaces.
The building design from Weber Thompson is unique with blocks that twist as they go up the building. It is an interesting new building shape that Seattle has yet to see. It will allow for different view corridors that wouldn't be possible with the traditionally shaped building. In between the twisting blocks will be penthouses that will have large deck spaces, several of which would be lofts.
Why condos and not apartments? The Burrard Group feels that since the majority of buildings being constructed in our urban core are apartments and not condos there is a void in the market to fill by building a condominium tower. Also, with rents rising at a steady pace, they feel that high rents should lead to an increase in demand for purchasing condos in Seattle's urban core.
Source: DJC and PSBJ; Weber Thompson renderings