Modern (Seattle building) explained

Third and Lenora
Former Names:Third and Lenora
Status:Completed
Building Type:Mixed use
Location:2031 3rd Avenue
Seattle, Washington, US
Coordinates:47.6128°N -122.3422°W
Start Date:September 2017
Topped Out Date:August 2019
Completion Date:2020
Architectural:440feet
Top Floor:440feet
Floor Count:38
Floor Area:700000square feet
Architecture Firm:Perkins and Will
Developer:Martin Selig Real Estate
Civil Engineer:KPFF Consulting Engineers
Main Contractor:Lease Crutcher Lewis
Unit Count:222 apartments
Parking:221 spaces
References:[1]

The Modern (formerly Third and Lenora) is a mixed-use high-rise building in the Belltown neighborhood of Seattle, Washington, United States. The 38-story tower, developed by Martin Selig, includes offices, retail, and 222 residential units. Construction began in September 2017 and was completed in 2020. It was originally leased to The We Company for use by their WeWork co-working and WeLive co-living ventures until the company ran into financial issues and the lease was terminated after the building was topped out.

History

Martin Selig Real Estate announced its intention to build a 36-story residential and office tower in October 2014, shortly after purchasing three buildings on 3rd Avenue near Lenora Street for a total of $16.9 million.[2] One of the block's buildings housed the Jewish Federation of Greater Seattle and was the site of a shooting in 2006.[3] [4]

The mixed-use project initially had 140 luxury apartments and 13 floors of office space, but was changed to 384 market-rate apartments and 9 floors of offices during design review.[5] The downtown design review board approved the revised design in March 2016.[6] Co-working company WeWork was announced as the building's main tenant in September by Selig, and confirmed in August 2017.[7] WeWork was planned to occupy 200000square feet of office space on the lower nine floors, while the upper 23 floors would have 384 co-living residential units under the WeLive brand.[8]

The city government approved the design of Selig's Third and Lenora project in April 2017, with no major conditions or changes.[9] The owner of a nearby printing shop filed an appeal of the city's design approval over the width of the tower, measuring 178feet facing 3rd Avenue, but the hearing examiner declined to take action.[10] [11] The three buildings on the site were demolished in August 2017 and construction of the Third and Lenora building began a month later under the direction of general contractor Lease Crutcher Lewis.[12] [13]

The building was topped out in August 2019 with the completion of steel framing for the two-story penthouse and amenities center.[14] In October 2019, Martin Selig Real Estate announced that its lease with WeWork would be terminated by mutual agreement amid the latter's financial situation following its cancelled initial public offering.[15] [16] Selig stated that he would continue to work on the near-complete building, which was originally scheduled to open in late 2020.[17] The opening was pushed back to late 2021 due to the COVID-19 pandemic and additional work required to convert the WeLive units to 222 apartments. A children's play area is planned for the 12th floor as part of the conversion to larger apartments for families. The project was renamed the "Modern" in late 2020.[18]

Leasing of the residential units began in 2022 while the office portion remained vacant. A proposal to convert the office portion into 160 residential units on eight floors was filed by Selig in January 2024.[19]

Design

The Modern was designed as a mixed-use development with 38 stories and a total of 700000square feet of space. It has 5500square feet of retail space, 176500square feet of offices on nine floors, and 222 residential units.[18] The building has a five-level underground parking garage with 221 spaces.[14] The top two floors of the building are an amenity space for residents with a gym and a "conservatory".[5] The project was designed by Perkins and Will and features a large setback above the 12th floor and a mid-level terrace to separate the office and residential floors.[10] [20]

Notes and References

  1. Web site: Third and Lenora . https://web.archive.org/web/20200111063144/https://www.emporis.com/buildings/1241212 . dead . January 11, 2020 . Emporis.
  2. News: Stiles . Marc . October 28, 2014 . Here's what Martin Selig's latest Seattle high-rise could look like . . January 29, 2020.
  3. News: Carter . Mike . Sullivan . Jennifer . Phillips . Cheryl . Cheryl Phillips (journalist). July 30, 2006 . Community responds with sorrow, unity . A1 . . January 29, 2020.
  4. News: Aznoff . Dan . April 21, 2015 . In search of a new home: Agencies scramble to find affordable space . . January 29, 2020.
  5. News: Stiles . Marc . July 27, 2015 . Selig plans 2016 construction start for downtown Seattle high-rise project . Puget Sound Business Journal . January 29, 2020.
  6. Web site: January 17, 2017 . Final Recommendation of the Design Review Board for 2031 3rd Avenue . Seattle Department of Construction & Inspections . January 29, 2020.
  7. News: Soper . Taylor . August 3, 2017 . WeWork inks deal to build 36-floor 'WeLive' mixed-use co-living space in Seattle . . January 29, 2020.
  8. News: Stiles . Marc . September 15, 2016 . Developer: WeLive is coming to downtown Seattle high-rise . Puget Sound Business Journal . subscription . January 29, 2020.
  9. News: Miller . Brian . April 17, 2017 . City OKs design for Selig's 2031 Third, which will combine WeWork, WeLive . . January 29, 2020.
  10. News: Miller . Brian . May 15, 2017 . A neighboring property owner objects to width of Selig tower . Seattle Daily Journal of Commerce . January 29, 2020.
  11. Web site: June 23, 2017 . Order on Motion to Dismiss MUP-17-019 (DR) . Seattle Office of Hearing Examiner .
  12. News: September 26, 2017 . Third & Lenora is Underway . . January 29, 2020.
  13. News: September 27, 2017 . Selig starts site work at 3rd and Lenora . Seattle Daily Journal of Commerce . subscription . January 29, 2020.
  14. News: August 21, 2019 . Martin Selig to top tower soon at Third & Lenora . Seattle Daily Journal of Commerce . January 29, 2020.
  15. News: Khashimova Long . Katherine . October 15, 2019 . Beleaguered WeWork and Martin Selig dissolve deal for Seattle tower . A1 . The Seattle Times . January 29, 2020.
  16. News: Stiles . Marc . October 14, 2019 . WeWork, WeLive won't move into new Selig tower in Belltown . Puget Sound Business Journal . subscription . January 29, 2020.
  17. News: Miller . Brian . October 17, 2019 . Martin Selig scraps deal with WeWork, leaving his Belltown tower up for grabs . Seattle Daily Journal of Commerce . subscription . January 29, 2020.
  18. News: Stiles . Marc . November 10, 2020 . Selig hires outside brokers to help fill three new Seattle buildings . Puget Sound Business Journal . February 22, 2021.
  19. News: Miller . Brian . January 11, 2024 . Selig to convert empty offices at Third & Lenora to more apartments . Seattle Daily Journal of Commerce . subscription . January 11, 2024.
  20. Web site: March 29, 2016 . Recommendation of the Downtown Design Review Board for 2031 3rd Avenue . Seattle Department of Construction & Inspections . January 29, 2020.