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Skanska Tops Out on 31-Story MF in Belltown
Skanska has topped out Kaye, a 260,619-square-foot, 31-story, multi-family tower located on the 2200 Block of Fourth Ave in Seattle’s Belltown neighborhood. Skanska is both building and developing the residential tower, which includes 6,100 square feet of neighborhood “living room” spaces and ground-floor retail.
Construction on Kaye began in Winter 2023 and is expected to be completed in 2025. “Our team is proud to be one step closer to delivering this amazing building to the Seattle community,” said Lew Guerrette, executive vice president and general manager for Skanska USA Building.
Kaye will feature 324 units, including ten larger three-bedroom family units. Additionally, as part of the Housing Affordability and Livability Agenda (HALA) program, Kaye will contribute an estimated $4.5 million to the city’s affordable housing fund.
The multifamily development will be Skanska’s second in the region after completing its Alley111 project in Bellevue, a 260-unit multi-family building with 6,000 square feet of retail space. Kaye is Skanska’s seventh development project in the Puget Sound region since it began development operations in 2011.
