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Olive8 developer and contractor part ways

January 31, 2007 By 6 Comments

Seattle Times, Condo phase causes a split:

The developer of Seattle’s tallest residential tower and its general contractor are parting ways.

Developer R.C. Hedreen Co. and Skanska USA Building said Friday they were unable to come to terms on a “proposed contract revision” for the second phase of construction at Olive 8, a 39-story hotel and condominium project set to rise downtown.

Strange.

Filed Under: Olive 8 Views: 548
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Matt , Urbnlivn's publisher, has a love for lofts with industrial features and new construction condos that is only eclipsed by his passion for outdoor sports and urban living. Phrases such as “polished concrete” and “exposed brick” are music to his ears. You can also find Matt on Twitter or skiing.

  • kh

    this “parting of ways” had been in the planning for months i hear. it’s only a marketing ploy that it made the business news :)

  • kh

    this “parting of ways” had been in the planning for months i hear. it’s only a marketing ploy that it made the business news :)

  • http://twitter.com/mattgoyer mattgoyer

    And I fell for it! Damnit.

  • http://blog.mattgoyer.com Matt

    And I fell for it! Damnit.

  • http://rolandovich.blogspot.com/ Rolandovich

    Well if its a marketing ploy, then who is taking over to finish construction? And if this is a marketing ploy it seems to be a particularly bad one – if I had reserved a condo at the Olive 8 and heard that the contractor would not be completing the building, then I would be worried whether construction will be completed or whether there will be a large hole in the ground for several years.

  • http://rolandovich.blogspot.com/ Rolandovich

    Well if its a marketing ploy, then who is taking over to finish construction? And if this is a marketing ploy it seems to be a particularly bad one – if I had reserved a condo at the Olive 8 and heard that the contractor would not be completing the building, then I would be worried whether construction will be completed or whether there will be a large hole in the ground for several years.