Pacific Eagle Holdings Corp. of San Francisco will have an Early Design Guidance Meeting this week for its proposed high rise at 1931 2nd Avenue in Belltown. The 19,440 square foot site is located at the highest point with views to Puget Sound down Virginia Street. The site is also home to the landmarked Terminal Sales Annex building.
Plans call for the construction of a 42-story mixed-use hotel, residential and co-working tower located on the corner of 2nd and Virginia. The project totals at approximately 487,100 square feet above ground which includes:
- 2 levels of co-working space
- 6,700 square feet of retail
- 10 levels of hotel with 237 rooms
- 27 levels of residential with 222 condo units
- Separate lobbies for hotel and residential uses
- 5 levels of below-grade parking with approximately 250 stalls
- Rooftop amenities at level 42
2nd and Virginia incorporates the five-story Terminal Sales Annex building’s facade into the new tower with the preferred design showing “dynamically sculpted” tower with a telescoping form that steps back as it rises. The concept allows for “breathing room for the landmark building” and “the stepped massing takes cues from the strong Gothic and art deco heritage of Seattle” to enhance the skyline.
Pacific Eagle Holdings Corp. acquired the tower’s site in 2016 for $18 million after earlier plans for a hotel fell through. The 2nd and Virginia intersection is home to three landmarked buildings: Terminal Sales Annex, Palladian Hotel, and Moore Theatre & Hotel. The design team includes Japanese firm Kengo Kuma and Associates with Ankrom Moisan Architects as architect of record.
2nd and Virginia’s Early Design Guidance Meeting is scheduled for 5:30pm on March 5 at Seattle City Hall in Room L280.