February 11, 2020
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The latest design emphasize the terraced roof and how the tower meets the streets below.
Urban Visions has sold its entitled 801 Third Ave. tower site, aka The Net, into a new venture with Mitsui Fudosan America for a little over $127.7 million. King County recorded the deal on Friday. The buyer of record was The Net Seattle LLC.
“We’re very excited,” said Greg Smith, who leads Urban Visions, which previously partnered with Mitsui Fudosan America on its West Edge apartment tower. “It’s significant.”
The 36-story Net, designed by NBBJ, received its master use permit last month. Referring to the initial demolition and excavation, said Smith, “We plan to start work on it in the first quarter of next year.”
Lease Crutcher Lewis is the contractor, and has been providing preconstruction services.