Recently, the Daily Journal of Commerce reported on new developments at the 2nd & Pike project. The developer, Urban Visions, announced that they are within a year of starting construction on the 36-story hotel/condo project. The proposal includes a 150 room 5-star hotel and 150 ultra luxury condominium homes.

2nd & Pike is likely to be Seattle’s second priciest condominium property with homes starting around $1,200 per square foot, a bargain compared to the Four Seasons’ $2,000 per square foot price tag.

On a side note, Urban Visions had planned on developing the Liberty Building parcel (on Pike between 1st & 2nd) as condominiums as well, though they’ve since decided on high-end apartments.

The building may also be Seattle's first twisted design.