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Seattle's First 'Tall and Slender' Residential Tower on the Rise; Groundbreaking Set for Fifteen Twenty-One Second Avenue.

SEATTLE -- Developers of Fifteen Twenty-One Second Avenue will officially launch construction of what will become Seattle's tallest residential high-rise on Aug. 30. Located on Second Avenue, between Pike and Pine streets, the 440-foot glass-and-steel tower will be the first residential high-rise built under Seattle's new downtown zoning regulations, which permit "tall and slender" residential towers in an effort to promote urban density and environmentally conscious living. The project is scheduled to open its doors in 2008.

The event will also be a platform to formally announce the exciting partnership between Opus NWR Development, L.L.C., the developer of Fifteen Twenty-One Second Avenue, and the Pike Place Market Foundation.

WHAT:

Official groundbreaking for Fifteen Twenty-One Second Avenue, soon to be Seattle's tallest residential tower

WHO:

--Peter Steinbrueck, Seattle City Councilmember

--Tom Parsons, vice president of Opus NWR Development, L.L.C.

--William Justen, founder of The Justen Company

--Blaine Weber, a founding principal of Weber + Thompson

--Marlys Erickson, executive director of the Pike Place Market Foundation

--Kate Joncas, president of the Downtown Seattle Association

WHEN:

Wednesday, Aug. 30, 2006

11:00 a.m. to noon

WHERE:

Second Avenue between Pike and Pine streets, in the parking lot next to the Green Tortoise Hostel building

VISUALS

--The kick-off to the project's groundbreaking will include a large excavator eating away at the site's existing structure.

--Opus NWR Development, L.L.C., will present an oversized check to the Pike Place Market Foundation. The donation will help fund general operations at the Pike Market Child Care and Preschool.

--Media will have a great visual of speakers standing in front of a huge Fifteen Twenty-One Second Avenue project sign, which spans a good portion of the Green Tortoise Hostel building.

BACKGROUND

The 38-story glass-and-steel residential tower will feature 141 penthouse condominiums ranging from 1,660 square feet to more than 5,000 square feet. Located on Second Avenue between Pike and Pine streets, the project will feature indoor/outdoor glass rooms, a porte-cochere, a professional concierge, rooftop terraces with fireplaces and floor-to-ceiling windows in each home, offering postcard views of the city and sound.
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Publication:Business Wire
Date:Aug 29, 2006
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