logo

Third and Virginia Residential Tower Development

Sector: Car parking • Location: Seattle, Washington, United States

Source: The Business Journals

Project
Planned

Urban Visions has purchased Martin Selig Real Estate's property at Third Avenue and Virginia Street in downtown Seattle for $4.3 million. The property includes a surface parking lot with approximately 25 parking stalls and a 111-year-old, three-story office building. Zoning allows for towers up to 440 feet tall. The new owners plan to eventually build a high-rise residential tower on the site, but

Status
Prospective
Sector
Car parking, Road, Residential, Commercial, Automotive
Location
Seattle, Washington, United States of America
Updated
22 Jul 2026
Source
The Business Journals

ConstructChat

Ask ConstructChat about Third and Virginia Residential Tower Development

Pick a question to edit it, or write your own.

First answer free · no account

I am a

Project Information FAQ

Project Information

4 Q
The project “Third and Virginia Residential Tower Development” is an infrastructure initiative in the Car parking sector, located in Seattle, Washington, United States. Taiyo aggregates data on it from The Business Journals.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Urban Visions has purchased Martin Selig Real Estate's property at Third Avenue and Virginia Street in downtown Seattle for $4.3 million. The property includes a surface parking lot with approximately 25 parking stalls and a 111-year-old, three-story office building. Zoning allows for towers up to 440 feet tall. The new owners plan to eventually build a high-rise residential tower on the site, but development will wait until the market shifts. In the meantime, they plan to clean up the lot to generate income.

Original sector

Built Sector

Budget

Location

Country

United States of America (USA)

State

Washington

City

Seattle

Source

Source

The Business Journals

URL

More Details

Record type

Project

Sector

Car parking, Road, Residential, Commercial, Automotive

Article published date

2025-11-06

More on this project

Research

Free account

View all details

You are reading the public part. A free account opens the rest:

  • Every detail on this project
  • News and media coverage
  • Technical research
View all details

Free account · no card · lands you back on this project