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15-Story Hotel Project in Seattle Advances
Plans for a 15-story hotel at a major intersection near the Seattle Center Monorail have advanced another step further.
Real estate developer Da Li Properties LLC has applied for a master-use permit for the up to 185-room hotel on the site of the former Fat City Garage property at 508 Denny Way, reported the Puget Sound Business Journal. Da Li is the American subsidiary of DA LI Development Co. Ltd., a publicly-traded Taiwanese company, focused on large-scale residential high-rise development.
Architecture firm Weber Thompson is designing the tower with plans calling for two restaurants and a sky lounge. The project also benefits from exemptions and a streamlined review process as part of Mayor Bruce Harrell’s Downtown Activation Plan. Da Li Properties LLC paid $9.1 million for the nearly one-third acre that the Seattle Monorail passes over.
