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June 4, 2024

Holland breaks ground on former Elephant Car Wash triangle

By BRIAN MILLER
Real Estate Editor

Renderings by BOGZA for Weber Thompson [enlarge]
Looking roughly south, Sloane is in the foreground, flanked by projects both under construction and not yet built.

Crews from Malcolm Drilling and Holland Partner Group were breaking up the concrete slab last Friday at 616 Battery St. That's the vacant former Elephant Car Wash site in the Denny Triangle where Holland and partner NASH will build their high-rise apartment project, newly dubbed Sloane.

Designed by Weber Thompson, the proposal stands at 45 stories, with the unit count to end up somewhere between 442 and 455 apartments. (The MUP, from last fall, says 422 units.)

Weber Thompson rates the project at 582,019 square feet, including amenities, retail and 262 underground parking stalls. Holland's project website has the tower crane going up late this summer, following the shoring and excavation. The goal is to obtain a temporary certificate of occupancy in early 2027.

Designed by Weber Thompson, the proposal stands at 45 stories, with the unit count to end up somewhere between 442 and 455 apartments

Clise Properties sold the land to the developers in 2022 for $40 million. The DJC first reported the car wash demolition plan in 2020, and the two iconic pink elephant signs were subsequently saved and restored. (One went to the Museum of History & Industry, and the other to Amazon.) The DJC also first reported Holland's apartment plan in early 2022.

The Sloane team also includes ESM Consulting Engineers, surveyor; GeoEngineers, geotechnical; Coughlin Porter Lundeen, civil; CKC Structural Engineers; McKinstry, mechanical design; Stirrett Johnsen, plumbing design/build; Fortune Shepler Saling, elevators; Archecology, sustainability and energy consultant; AECOM, SEPA consultant; and Seattle Tree Consulting, arborist.

NASH and Holland recently sold the nearby Ivey on Boren to a NASH-related REIT for $328 million. Their latest high rise entered design review with a nominal value of $215 million.


 


Brian Miller can be reached by email at brian.miller@djc.com or by phone at (206) 219-6517.




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