1520 5th Ave Hotel | 1520 5th Ave
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1520 5th Ave Hotel 1520 5th Ave
246 Room Hotel Seattle, WA 98101 £20,365,800 (£82,788/Room)
Executive Summary
Kidder Mathews has been retained by ARZ Global to market for sale
their hotel and residential project located in the heart of Seattle’s
Central Business Distract, and adjacent to the city’s retail core. The
project is now in design review permit (“Master Use Permit”) process
with the City of Seattle.
The proposed development at 1520 5th Avenue will be a central and
iconic part of downtown Seattle. The 16 story project contains a mix
of uses including a 246 room hotel which rises above a street-level
facade containing the project's lobbies and retail spaces. Residential
units (apartment or condominium) rise above the hotel component of
the project.
The scale of hotel, residential tower and courtyard podium create a
harmony in scale with the historic block in which its located, which will
conform with the architecture feel of 5th Avenue.
their hotel and residential project located in the heart of Seattle’s
Central Business Distract, and adjacent to the city’s retail core. The
project is now in design review permit (“Master Use Permit”) process
with the City of Seattle.
The proposed development at 1520 5th Avenue will be a central and
iconic part of downtown Seattle. The 16 story project contains a mix
of uses including a 246 room hotel which rises above a street-level
facade containing the project's lobbies and retail spaces. Residential
units (apartment or condominium) rise above the hotel component of
the project.
The scale of hotel, residential tower and courtyard podium create a
harmony in scale with the historic block in which its located, which will
conform with the architecture feel of 5th Avenue.
Property Facts
| Price | £20,365,800 | Lot Size | 0.33 AC |
| Price Per Room | £82,788 | Construction Status | Proposed |
| Sale Type | Investment | Building Size | 154,691 SF |
| Sale Conditions | Development Sale | No. Rooms | 246 |
| Property Type | Hospitality | Number of Floors | 16 |
| Property Subtype | Hotel | Year Built | 2027 |
| Building Class | B | Corridor | Interior |
| Price | £20,365,800 |
| Price Per Room | £82,788 |
| Sale Type | Investment |
| Sale Conditions | Development Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.33 AC |
| Construction Status | Proposed |
| Building Size | 154,691 SF |
| No. Rooms | 246 |
| Number of Floors | 16 |
| Year Built | 2027 |
| Corridor | Interior |
Amenities
- Fitness Centre
- Restaurant
- On-Site Retail
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wi-Fi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | £275.72 | - |
| Guest Room | 244 | £184.08 | - |
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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 197570-0135 | Improvements Assessment | £4,048,799 |
| Land Assessment | £11,279,520 | Total Assessment | £15,328,319 |
PROPERTY TAXES
Parcel Number
197570-0135
Land Assessment
£11,279,520
Improvements Assessment
£4,048,799
Total Assessment
£15,328,319
zoning
| Zoning Code | DRC 85-170 |
| DRC 85-170 |
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