Now that Seattle pizza institution Piecora's has shuffled off its crusty coil, attention turns to Equity Residential, the apartment building developer who purchased the property for $10.3M. An Equity spokesperson spoke with Capitol Hill Seattle and laid out their plans for the complex.
The spokesperson tells CHS that Equity plans to develop a six-story, 140-unit mixed-use apartment building with hopes of starting construction late next year after the prerequisite rounds of permitting and design review. The new building will include some 3,700 square-feet of retail — room for a new pizza joint, perhaps — and will include underground parking. The goal is to have the project open for eager Capitol Hill renters by 2017, the spokesperson said.
There's no design yet for the building, but you can look to their other fourteen Seattle properties to get an idea of how they usually look.
· Developer reveals plans for the Piecora's building [CHS]
· Piecora Property Sold To Apartment Developer For $10.3M [Curbed Seattle]