News roundup
- PSBJ, Trump seeking Seattle location:
Trump and Wood Partners LLC, a multifamily developer based in Atlanta, are in negotiations to find a site in Seattle for a hotel/condominium project, according to a report in the Atlanta Business Chronicle.
Further details about the size or location of the project weren’t available. Wood Partners did not immediately return calls.
- Four Seasons site updated with virtual tour.
- A couple leaves pricey Capitol Hill for cheaper West Seattle, On Leaving Capitol Hill
- Seattle Times, Seattle may get taller — at a cost:
Developers should be able to build taller than current zoning allows if they pay for public amenities such as affordable housing, the Seattle Planning Commission said Tuesday.
Mayor Greg Nickels favors such a plan and is working on so-called incentive zoning proposals for the South Lake Union, Interbay and South Downtown areas. Nickels intends to roll out his proposals in the next year. They would be similar to new downtown building rules Nickels and the City Council approved last year.
The downtown rules let developers build more than 100 feet above zoning limits if they pay roughly $19 per square foot into an affordable-housing fund.
- Seattle’s Comprehensive Plan
