Alecta
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New Condo Building in First Hill Announces Construction Start Date; Hospitality Market Continues to Raise Interest
As Seattle’s multifamily market soars with a large number of projects currently going and a backed up development pipeline for the next five years, a new project has popped up in First Hill. Developer Lowe Enterprises Investors has announced the start of construction on its Seneca St. condominium project some time during the middle of 2014.
Seattle 12 November 2013 07:06 -
Lowe, Alecta Form JV to Develop Seattle-Area High-Rise
Lowe Enterprises Investors and Alecta, Sweden’s largest mutual pension company, have formed a joint venture to develop a 24-story condominium building in the First Hill area of Seattle.
Seattle 28 October 2013 14:21 -
First Hill Residential Tower Gets Approval from City’s East Design Review Board
The frantic pace of development that Seattle is witnessing in its multifamily sector is set to see another spike after news recently hit regarding a brand new residential tower project on First Hill. According to the Department of Planning and Development’s website, an application was accepted for a multifamily project at 800 Columbia Street. The developer for the intriguing project is Alecta, a European pension fund that currently has no less than three different multifamily developments in the pipeline for Seattle.
Seattle 03 September 2013 14:21
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