One more highrise condo for Seattle’s Belltown
Next to the Cinerama Theatre on Fourth Avenue, between Lenora and Blanchard streets, Seattle-based HAL Real Estate is building a new 40-story condominium building. HAL purchased the one-third acre site in May for $5,000,000. Currently, the building is a one story transmission shop. I was reading the Seattle Times today and it stated there will be 360 units in this new building along with ground floor retail.
HAL Real Estate is formerly the owner of Holland America Lines. Per its website, its parent company is based in the Netherlands. Today, the company is a diversified investment company with significant real estate holdings in the Pacific Northwest. Some of its other projects include Cameo Condominiums on Seattle’s Capitol Hill, Columbia Plaza in Seattle’s Columbia City neighborhood, Newmark Commercial Center in the CBD, Triton Towers in Renton, Washington, a nearby suburb and Plaza at Yarrow Bay, a trophy office property in Kirkland, in Seattle’s Eastside, commonly known as the Silicon Valley of Washington.
