Pritzker plans US$104m hotel project in Seattle
The development in downtown will have two 12-storey towers
Add BT as a preferred source[SEATTLE] Seattle's rapidly growing downtown is luring billionaire John Pritzker's Commune Hotels & Resorts for a US$104 million lodging and residential project, adding to a surge in development as employment and tourism climb.
Commune and Mr Pritzker's Geolo Capital are working in a joint venture with Seattle developer Touchstone for a two-tower property that will include a luxury Thompson hotel.
The 12-storey buildings, which will have 159 guest rooms and 97 rental apartments, will be adjacent to Pike Place Market, with views of the surrounding Puget Sound and Olympic Mountain Range, the companies said in a statement. Opening is slated for 2016.
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