Skip to main content

Originally published December 11, 2012 at 4:04 PM | Page modified December 11, 2012 at 9:59 PM

  • Share:
  • Comments (8)
  • Print

March start for 40-story apartment tower in Denny Triangle

Demolition is under way now at the Cosmopolitan Motors site at Eighth Avenue and Lenora Street.

Seattle Times business reporter

Most Popular Comments
Hide / Show comments
It would have been good to also include what is planned for the business itself:... MORE
Wishful thinking that they would incorporate this old building into the new... MORE
Cosmopolitan Motor Building; a few years ago the site for a collection of really cool... MORE


Boston-based developer GID Development plans to break ground in March on a 40-story apartment tower at Eighth Avenue and Lenora Street in Seattle’s Denny Triangle, its president says.

The two-story Cosmopolitan Motors building, which has occupied the site since 1925, is being demolished now to make way for the project.

The apartment tower will have 355 units and 3,900 square feet of ground-floor retail space, GID Development President James Linsley said Tuesday.

Previous property owners secured city approval for the apartment tower, and GID bought the 0.35-acre site in October for $13.4 million.

The tower would be just across Westlake Avenue from’s proposed three-high-rise office complex, also slated to break ground next year.

Was that a factor in GID’s timetable? “Certainly,” Linsley said.

More apartments are under construction in Seattle than at any time in at least 20 years.

GID’s tower would be among the tallest of the new projects. Holland Residential broke ground earlier this year on another 40-story building a few blocks away, at Ninth Avenue and Pine Street.

GID Development is part of General Investment & Development Companies.

The parent corporation’s portfolio includes 73 apartment projects in 15 states, including three projects on the Eastside, according to its website.

GID also owns 12 business parks and eight office buildings.

Eric Pryne:

or 206-464-2231

News where, when and how you want it

Email Icon

 Subscribe today!

Subscribe today!

99¢ for four weeks of unlimited digital access.



NDN Video