Insignia Towers

Insignia Towers
Insignia Towers seen in August 2016
Location within downtown Seattle
Former namesEmbassy Development Project
Alternative names2301 6th Avenue
General information
StatusCompleted
Address588 Bell Street
Seattle, Washington
Coordinates47°37′01″N 122°20′36″W / 47.61694°N 122.34333°W / 47.61694; -122.34333
Construction started2012
Completed2015–2016
Height
Roof441 feet (134 m)
Top floor400 feet (120 m)
Technical details
Floor count41
Other information
Number of units698 condominiums
Website
insigniacondos.com

The Insignia Towers are a pair of 41-story residential skyscrapers on a shared podium in the Denny Regrade neighborhood of Seattle, Washington, United States. The towers have a combined 698 condominiums and were developed by Canadian firm Bosa Development. The complex includes 36,000 square feet (3,300 m2) of retail space, an underground parking garage with 900 stalls, and amenity areas for residents in both towers.

The Insignia project was announced by another developer, Vancouver-based Embassy Development, in 2006 with a design of two towers by Perkins & Company. The full city block was acquired in 2007 from Clise Properties for $49.9 million. The 440-foot (130 m) condominium towers were planned to include sustainable features, such as heat pumps, and received planning approval from the city government and planned to begin construction in 2008. Embassy paused work on Insignia due to the late-2000s recession and later sold its stake in the project to Bosa Development, which announced plans to restart work in 2012 after market conditions had improved. Amazon had begun construction of their new headquarters campus nearby, which triggered new interest in condominium development in the Denny Regrade.

The project was the largest post-recession residential development in Seattle and cost an estimated $450 million. Construction of the complex's south tower began in June 2012, with plans to complete the foundation and underground portions for both towers but leave the north tower for a later phase. Preliminary work on the north tower began in September 2013. The south tower topped out in August 2014 and was finished in July 2015. The north tower was completed in 2016, with three units in the entire complex still for sale. The final unit, a two-bedroom penthouse, was sold in March 2017.

References

  1. ^ Michelson, Alan. "Pacific Coast Architecture Database". PCAD University of Washington. University of Washington. Retrieved May 22, 2023.
  2. ^ a b Levy, Nat (July 20, 2015). "Bosa finishes first tower at Insignia". Seattle Daily Journal of Commerce. Retrieved February 2, 2025.
  3. ^ a b Stiles, Marc (March 1, 2017). "And then there were none: Last new finished downtown Seattle condo sells". Puget Sound Business Journal. Retrieved February 2, 2025.
  4. ^ a b c Porter, Lynn (June 7, 2012). "Bosa starting construction soon on 2 condo towers in Regrade". Seattle Daily Journal of Commerce. Retrieved February 2, 2025.
  5. ^ Levy, Nat (March 19, 2015). "Real Estate Buzz: Take a 24-second elevator ride to the top for a look at Holland's Premiere on Pine". Seattle Daily Journal of Commerce. Retrieved February 2, 2025.
  6. ^ Porter, Lynn (December 7, 2006). "Twin condo towers due for Denny Regrade site". Seattle Daily Journal of Commerce. Retrieved February 2, 2025.
  7. ^ a b Pryne, Eric (June 7, 2012). "41-story condo tower ready to start in downtown Seattle". The Seattle Times. Archived from the original on December 4, 2013. Retrieved February 2, 2025.
  8. ^ Iverson, Don M. (February 14, 2008). "Let's get pumped up about heat sharing". Seattle Daily Journal of Commerce. Retrieved February 2, 2025.
  9. ^ Stiles, Marc (March 9, 2015). "Moment of truth for Seattle's condo market will come this summer". Puget Sound Business Journal. Retrieved February 2, 2025.
  10. ^ Stiles, Marc (September 18, 2013). "It's a go: Bosa will build another condo tower in downtown Seattle". Puget Sound Business Journal. Retrieved February 2, 2025.
  11. ^ Stiles, Marc (November 7, 2012). "Canadian developer on big Seattle condo project: "I don't consider it a gamble"". Puget Sound Business Journal. Retrieved February 2, 2025.
  12. ^ "Bosa starting second phase of condo towers". Seattle Daily Journal of Commerce. September 17, 2013. Retrieved February 2, 2025.
  13. ^ "Insignia tops out first condo tower". Seattle Daily Journal of Commerce. August 5, 2014. Retrieved February 2, 2025.
  14. ^ Payne, Patti (December 16, 2016). "Patti Payne's Cool Pads: Couple to sell Insignia Tower corner penthouse condo after only 3 months". Puget Sound Business Journal. Retrieved February 2, 2025.

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