A proposal that satisfies market, community, and financial needs Market Community Financial
The site is located in the heart of Seattle s waterfront
The site is located in the heart of Seattle s waterfront
The site is located in the heart of Seattle s waterfront
Attractions boost demand for a waterfront development
Attractions boost demand for a waterfront development
Attractions boost demand for a waterfront development
Liquifaction Viaduct Easement Parking
Market conditions warrant high end condo, retail, and hotel units Market
Boeing Microsoft University Seattle s economy is rebounding steadily
Market conditions warrant high end CONDO, retail, and hotel units Residential Demand Sales and returns are increasing
Market conditions warrant high end CONDO, retail, and hotel units Residential Demand Sales and returns are increasing Government is encouraging increased density
Market conditions warrant high end CONDO, retail, and hotel units Residential Demand Sales and returns are increasing Government is encouraging increased density Traffic congestion drives demand
Market conditions warrant high end condo, RETAIL, and hotel units Retail Demand 2.6% vacancy downtown
Market conditions warrant high end condo, RETAIL, and hotel units Retail Demand 2.6% vacancy downtown Lack of waterfront retail
Market conditions warrant high end condo, RETAIL, and hotel units Retail Demand 2.6% vacancy downtown Lack of waterfront retail Green streets will drive pedestrian traffic
Market conditions warrant high end condo, retail, and HOTEL units Hotel Demand Rebounding tourism
Market conditions warrant high end condo, retail, and HOTEL units Hotel Demand Rebounding tourism Hotel adds 25% premium to condo
Market conditions warrant high end condo, retail, and HOTEL units Hotel Demand Rebounding tourism Hotel adds 25% premium to condo Provides lifestyle amenities
Market conditions warrant high end condo, retail, and hotel units Office Demand 13% vacancy
Market conditions warrant high end condo, retail, and hotel units Office Demand 13% vacancy Poor fit with waterfront vision
Market conditions warrant high end condo, retail, and hotel units Office Demand 13% vacancy Poor fit with waterfront vision Low lease rates
Our target demographic is the top 12% of Seattle s income bracket
How long will it take to absorb new units built between 2005-2008? Condo: 1900 units
How long will it take to absorb new units built between 2005-2008? Condo: 1900 units Apartment: 1900 units
How long will it take to absorb new units built between 2005-2008? Condo: 1900 units Apartment: 1900 units Absorption: 1200 per year
The viaduct removal creates new opportunities Before After
A height restriction currently limits the development height to 60
Eliminating the easement allows us to reinvent the possibilities
The physical design fits the needs of the tenants and the community Market Community
The Aqua Viva Development
The creative tower design maximizes both views
The creative tower design maximizes both views
The design also respects neighboring views
The physical design fits the needs of the tenants and the community
The physical design fits the needs of the tenants and the community
The physical design fits the needs of the tenants and the community
The physical design fits the needs of the tenants and the community
The physical design fits the needs of the tenants and the community
The physical design fits the needs of the tenants and the community
The physical design fits the needs of the tenants and the community
The physical design fits the needs of the tenants and the community
Aqua Tower Looking toward the water, Aqua enjoys great views of Elliot Bay
Aqua Tower Retail units capitalize on high-traffic green streets
Aqua Tower Two story restaurant
Aqua Tower 120 suite, boutique hotel with highend amenities
Aqua Tower 92 luxury condominiums above the hotel
Viva Tower Viva has some of the same great views as its sister development
Viva Tower Retail capitalizes on pedestrian activity on Spring St.
Grocery Viva s retail is anchored by a gourmet grocery store
Viva Tower Condo units
Construction phasing Phase 2 Phase 1
Our design will achieve a LEED Silver designation
Our design will achieve a LEED Silver designation
Our design will achieve a LEED Silver designation
Trolley Stop Aqua Viva complements the Waterfront community
The project is economically feasible Market Community Financial
Exit Strategy Residential: Pre sell 30%
Exit Strategy Residential: Pre sell 30% Hotel: Sell to private investor
Exit Strategy Residential: Pre sell 30% Hotel: Sell to private investor Retail: Sell to private investor
The resulting financial model provides a positive outlook
The resulting financial model provides a positive outlook
Aqua Viva meets market, community, and financial needs Market Community Financial
A momentous addition to Seattle s Waterfront
Anita Market Analysis Arya Financials Graeme Design Ian Waterfront Vision Paula Financials Ray Site Regulations