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Wilshire Capital Partners' third Seattle project is going before the design review board tonight and they've posted plans and renderings with the city so you can get an idea of what they're thinking. Plans call for a 24-story residential tower at 403 Dexter Ave. N. with approximately 248 units, 2,000 sf of retail and 100 parking spaces. Those numbers could rise to 280 units and 160 parking spaces if the lot at 401 Dexter is incorporated as well. This project was initially intended to be seven-stories but the recent South Lake Union rezoning makes a much bigger tower possible now. According to renderings, residences will range from open 1-BRs to 2-BRs. The preferred design by architect Via Architecture envokes a "wrapping" look of two distinct sections wrapping around one another. The project would be located right next door to Modera Apartments and just across the street from the new King 5 site development, which is also going before the board tonight for review. Wilshire Capital told DJC early this year that construction could begin by this fall but there's no recent confirmation on that or when it might be completed.
· Wilshire plans 3rd building in SLU [DJC]
· 403 Dexter [DPD]
· Take a Look at the Two Towers Planned at the Old KING 5 Site [CS]