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Seattle & Northwest  + Seattle  + Hospitality  |  July 5, 2023
Jasmine Kilman
By: Jasmine Kilman

Da Li Development Plans Hotel Under Seattle Monorail Route

Da Li Development USA has been buying and selling properties along Fifth Avenue North, and it added another property to its portfolio with the purchase of the former Fat City garage property along the Seattle Monorail route. Da Li Properties LLC paid $9.1 million for the nearly one-third acre that the Seattle Monorail passes over, according to the Puget Sound Business Journal.

Da Li Vice President of Development Kevin Hsieh said the hotel could be 125 feet tall and offer rooftop views of Seattle Center, which is home to the Needle and sports and entertainment venues, including the new Climate Pledge Arena.  

Da Li is working with Seattle architecture company Weber Thompson on early concepts. Allgreen Holding Limited LLC sold the Fat City property to Da Li, with XingMing Chen listed as the governor of the company, which records also show acquired the property six years ago for $8.1 million.  

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Puget Sound Business Journal Da Li Development

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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