Investco ready with final design tweaks for 162-unit tower in SLU

Owner Investco and architect Weinstein AU have their third and likely final design review this week for the proposed residential tower at 701 Valley St. The meeting is at 6:30 p.m. Wednesday at Queen Anne Community Center, 1901 First Ave. W.

The specs are about the same as the last review in November: a 15-story apartment building with 162 units and 64 underground parking spaces.

What’s changed are mainly the materials and eye-level details for how the tower meets the street. More windows have been added facing Aurora Avenue North, and along Valley. The tenant entry and garage entrance on Valley have also been altered slightly. Planters and landscaping along both streets have also been enhanced.

The 12,163-square-foot site is on the southeast corner of Valley and Aurora in South Lake Union. Its development potential is capped by the seaplane path to Lake Union. Investco paid $4.25 million for the property in 2015.

Amenities will include a bike room, fitness room, and 15th-floor terrace and club house, both of which will face east toward the lake. Total project size, including the parking is about 157,000 square feet.

The vacant old warehouse building, previously occupied by Fulcrum Technologies, will be removed.

Tarragon, an arm of Investco, is the developer and presumptive general contractor. The team also includes Swenson Say Faget, structural engineer; and Thomas Rengstorf & Assoc., landscape architect. No start date has been announced, and no application has been made yet for a demolition permit.



Weinstein AU


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