10 Dec MZA put a taper on high-rise tower above landmarked Belltown buildings
Owner Chainqui has changed architects once, and been through at least nine design options for the corner.
By BRIAN MILLER
Real Estate Editor
Five years ago, Chainqui Development paid about $33.7 million for a corner site at 2005 Fifth Ave., at Virginia Street in Belltown. Plans for knocking down two old buildings and redeveloping were complicated by the 2017 landmarking of the Griffin Building and Sheridan Apartments — meaning their facades must now be preserved.
Chainqui’s high-rise residential plan, begun three years ago with GWest Architecture, was further complicated by tower-separation issues with Vulcan Real Estate’s neighboring project to the north (more on that below).
Now working with architect MZA, Chainqui will present its current plan to the city’s Landmarks Preservation Board on Friday. Interested parties can observe the meeting via a WebEx link.
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