Trammell Crow purchases Potala Place
Friday, December 28, 2018
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| Alexan Shoreline (Potala Place) is between Aurora and Westminster Way at 155th |
Trammell Crow paid $11.5 million for the two-acre site, which formerly belonged to Lobsang Dargey, who is currently in jail. The property was repossessed from Dargey and held by the bank. It is currently vacant land.
The process had already begun to get permits for an apartment building on the site. This process continued under several owners. The permit is now complete and ready for pick up.
Caron Architecture of Seattle originated plans for a two building, six-story, complex now known as Alexan Shoreline.
The 398,101-square-foot mixed-use development was designed to consist of 309 units (two bedrooms, one bedrooms and studios) 297 parking spaces and 199 bike parking spaces. The ceiling height was raised from the original plan to accommodate potential business use such as the leasing office for the site.
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5 comments:
wow traffic is going to suck even worse in that area!
this little community is turning into the worst place to live anymore with all the apartments being built and crime.
High density can be done right. Visit the Netherlands. I'd rather not develop our forests.
Do we know whether the builder will have any incentive to put up a building that has architectural interest? Some inspired design features would be wonderful--especially given the location's prominence in our city. This building will be there for many years. How about some design enhancements, please?
Looks like another McApartment. Does it seem that every apartment complex being built in the Puget Sound has been designed by the same architect?
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