It was a point of contention for months, and it’s been in the making for nearly a decade, but the Seattle City Council ended up unanimously passing the bill to allow the South Lake Union rezone, according to a report from the Puget Sound Business Journal on Monday.
As recently as the beginning of April, it seemed like the rezone might not pass, as we reported on April 2nd. The bill that was passed earlier this week allows “raising the limits on building heights from 65 feet for office buildings and 85 feet for apartments, to 160 feet and 240 feet, respectively,” as we mentioned in a post back in March about Vulcan’s desire to build a 12-story office tower in the South Lake Union neighborhood.
And now the rezone has been allowed, which has instant affect on several construction projects in the area – as referenced in a report from Seattle Curbed.
Vulcan’s 12-story office building is now a go, and will include 312,643 square feet of office space on top of ground-floor retail space and a parking garage. In addition, Vulcan Real Estate has a hoped-for plan for three 240-foot towers on Mercer – their plan was shelved back in February, but has not yet died.
In the middle of the Amazon campus, Stanford Hotels has proposed a brand new hotel building with 283 rooms – perfect for Amazon clients, partners, and out-of-town employees to stay while they’re visiting headquarters.
A 300,000 square foot, 12-story building has been planned for the 400 Fairview Avenue address in South Lake Union. Equity Office Properties hopes to build two 160-foot towers at Dexter Ave. N and Highland Drive, but they were limited to 125-foot towers before the rezone was passed. Touchstone’s Troy Laundry has plans for a 12-foot and 13-foot tower project at Fairview Avenue and Harrison St., and Wolff is about to unveil plans for a 17-story apartment building at 8th Ave. N and Republican Street.
Finally, the Dexter station that is already under construction will be 10 stories and contain 340,000 square feet of space. Its height won’t change because of the rezone, however it might experience a blocked view if other construction projects are allowed to go higher.
“By 2031, South Lake Union will have to absorb some 12,000 households and 22,000 jobs to continue to meet its share of future growth,” said Councilman Richard Conlin in a press release. “This rezone will take the pressure off other neighborhoods and will shape South Lake Union for the next hundred years.”
What do you think about the passing of the rezone bill? Will it be a beneficial or detrimental thing for the South Lake Union neighborhood?
Featured photo from Seattle.Curbed.com