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September 16, 2019
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MULTIFAMILY NEWS
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Concord Pacific Buys Multifamily Development Site in Seattle

8/08/19

A 42.4k sf, half-block multifamily development site, located at 1901 Minor Ave in Seattle, has been purchased for $72 mil by Concord Pacific, a Canadian residential developer. The property is just south of Denny Way and west of I-5, near Pike Place Market and Downtown.

The site is in Seattle’s Denny Triangle neighborhood, close to the offices of Amazon, Facebook, Google, HBO, Seattle Children’s Hospital, and the expanding Convention Center. It has a master-use permit approval for two high-rise residential towers over a large podium. Preliminary documents with the city suggest the buildings will each be about 40 stories in height.

Ross Klinger and Tim Foster with Kidder Mathews represented Concord Pacific, one of North America’s largest urban residential developers. The firm’s first development in the city was Seattle House, a mixed-use project adjacent to Amazon’s Spheres at 6th and Bell.





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