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Intracorp Application to Potentially “Trump” Justen Co. Proposal

The Seattle Times has reported that Intracorp is having a new proposal reviewed for a taller tower at 1915 2nd Avenue. Their current land-use permit, which will expire in Nov. 2009, was approved to build a 240-foot tower. Now, Intracorp is looking to build 400′ residential tower which may prevent the Justen Co. from building their proposed hotel/condo project at 1931 2nd Ave., due to an 80-foot separation standard set by the City Council.

According to Intracorp’s Seattle president, Mike Lierman, zoning changes and current market conditions since the initial design review have given them reason to explore other options.