|
The Seattle City Council’s July 16 vote on the Alaska
Building is either a hollow victory or a triumph. Either
way, it’s unlikely to result in adding any housing
units near Pioneer Square, as city officials had originally
been promised.
Last Monday, the council voted 6 to 3 to cap any addition
to the building at 100 feet. The building’s new
owner, developer Kent Angier, had sought a taller addition
in order to turn the building into a Marriott Hotel. According
to the Seattle Times, he may now simply turn it over to
an office developer who has offered to buy the building
from him.
When the city sold the building at Second Ave. and Cherry
St. two years ago for $8.5 million, it was with the understanding
that Angier would turn its 15 stories into workforce housing
– apartments or condos at or below market rate.
Otherwise, councilmembers say, they wouldn’t have
agreed to sell the property for $500,000 to $1 million
less than what they could have gotten from an office developer.
But a funny thing happened on the way to signing the sale
contract – no one at the city got the promise of
housing in writing. If they had, councilmembers say, the
restrictions would have forced the city to take even less
for the building.
So they relied on Angier’s word and, as he recently
stressed to the Times, the deal he made on the building
had “no restrictions,” regardless of any discussions
at the time.
The vote doesn’t prevent Angier from turning the
Alaska Building into a hotel; it just forces him to put
housing into any addition that exceeds 100 feet. UNITE/HERE,
the hotel workers union, fought for the legislation in
an effort to prevent the building from becoming a non-union
Marriott.
|