SEATTLE , June 11 /PRNewswire/ -- AvStar Seattle LLC, a joint-venturepartnership between Portland-based Avalon Holdings and international realestate development firm Starwood Capital Group Global LLC, has broken groundon 1 Hotel & Residences, its 23-story, mixed-use development at Second Avenueand Pine Street in downtown Seattle . Upon its completion, expected by thesecond quarter of 2009, the building is expected to become the inauguralproperty under the 1 brand, which will set a new standard in environmentallyconscious luxury living globally by combining extraordinary five-star serviceand features with the best of environmentally sustainable architecture andinterior design.
The majority of the Seattle hotel's 110 City Suites and 98 condominiumsare already under reservation for priority presales -- the public sales debutis scheduled for September 2007 . Hotel guests and residents will be treated toan unmatched combination of green construction and operational componentsconsistent with Seattle's environmentally sensitive lifestyle, all amid anextravagant hospitality experience.
"The opportunity to bring this project on line at a time when Seattle istransforming itself into a top-tier American city is extremely gratifying,"says developer Paul Brenneke, president and CEO of Avalon Holdings. "And tooffer thoughtful design while simultaneously supporting Seattle's leadershipin global sustainability -- all in the context of community -- has been worthall the time and effort."
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The project was designed by Sienna Architecture, with the public spaces,restaurant and hotel room interiors designed by Yabu Pushelberg. PCLConstruction Services, Inc. is the contractor, with structural engineeringservices provided by KPFF Consulting Engineers and landscape design by BergerPartners. Design-build services are provided by PSF Mechanical, AuburnMechanical and Nelson Electric. Avalon Holdings provides constructionmanagement.
