Aspira (building)
History
Urban Partners first proposed a 37-story residential and retail tower on the parking lot of the Gethsemane Lutheran Church, located south of the intersection of Stewart Street and Terry Avenue, in July 2006.
Construction on the tower began in 2007. The project was completed in late 2009 and opened to tenants in March 2010.
Aspira was originally intended to be a luxury condo building, but it was changed into an apartment rental building due to market conditions in 2009. At launch, the apartments in Aspira were significantly better than average Seattle apartments at the time, featuring concrete floors, air conditioning, private balconies, and large panoramic windows.
In November 2012, the tower was sold to TIAA-CREF for $165.7 million, setting a new regional record with a per-unit price of $509,760.
See also
References
- ^ "Aspira". SkyscraperPage.
- ^ "Emporis building ID 316167". Emporis. Archived from the original on September 25, 2015.
{{cite web}}
: CS1 maint: unfit URL (link) - ^ Aspira High-Rise Residential Tower Archived 2012-03-25 at the Wayback Machine, LMN Architects
- ^ "State keeps two Seattle construction cranes shut down". Puget Sound Business Journal. June 13, 2008. Retrieved September 1, 2016.
- ^ "Permit & Complaint Status: Project # 3003807". Seattle Department of Planning and Development. July 26, 2006. Retrieved September 1, 2016.
- ^ "Aspira Apartments Open This Weekend, under Budget and Ahead of Schedule" (Press release). The Keller Group. March 19, 2010. Retrieved September 1, 2016 – via Business Wire.
- ^ Stiles, Marc (November 2, 2012). "TIAA-CREF is buyer of Aspira downtown Seattle apartment tower". Puget Sound Business Journal. Retrieved September 1, 2016.
External links