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February 9, 2016

Taiwan firm bringing green villa to Belltown

Courtesy GWest Architecture [enlarge]
The project would have 116 apartments, retail at the ground level and underground parking.

Chainqui Development of Taiwan wants to create a garden atmosphere with its first U.S. project.

Plans for the site at 2401 Third Ave. in Belltown call for 116 apartments in a 12-story structure with retail at the ground level and four floors of underground parking.

The theme of the project is “boutique urban green villa,” with features like green walls throughout and terrace and pocket gardens on upper floors, according to a post on Linkedin by Peter Lian, director at DSA Development Services Associates, the project's development manager. An open green area would break up the mass of the project and bring in light and air.

GWest Architecture is designing the project, and JTM Construction is the general contractor. Other team members include BSE, Tres West Engineers, Lotus Landscape Design, Barghausen Consulting Engineers, Hart Crowser, Bee Consulting, MYDG, FHO, Transpo Group and SSA Acoustics.

Chainqui wants to start construction May 2017 and open the structure by the end of June 2018. The project is in the permitting process with the city.

Residents would enter on Third Avenue, and retail would wrap around Third and Battery.

The project is Chainqui's first in the United States. The firm says it develops properties throughout East Asia, and also sells cement products, rents and sells public housing, and provides career development services.

Chainqui last year paid nearly $33.7 million for several parcels at the northwest corner of Fifth and Virginia.




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