“In downtown Seattle, they’re turning storage lockers into hotel rooms”
Feb 4, 2016, 6:48am PST
Puget Sound Business Journal
“Downtown Seattle’s hotel development boom isn’t over yet, with the next project coming to an unexpected location.
Ariel Development is teaming up with the owners of Urban Self Storage in Belltown into a mixed-use project with a hotel and apartments. The project entails adding eight floors to the narrow six-story building that opened in 1928 as a garage with car elevators. The art-deco building’s facade will be retained. A photo of the building today is in the view photos section of this post.
The proposal comes at a time when several hotel projects are under construction or planned for the neighborhood.
Ariel Development owners Herzel Hazan and Shimon Mizrahi on Wednesday said they are partnering with Patrick J. Reilly and Lorin Christean of Urban Self Storage on the project at 1915 Third Ave. The redevelopment will have a 112-room hotel that Cambria Hotels & Suites will operate, and 50 apartments. A restaurant is planned for the first floor.
Christean, the founder of Urban Self Storage, was one of the pioneers in the storage business. He was one of the first people to convert buildings in the city to storage units, and it’s one reason he was inducted into the industry’s hall of fame in 2012. Today Urban Self Storage has more than 60 facilities in the Northwest and Southwest.
The estimated cost of the redevelopment is not yet fleshed out, Mizrahi said, and the general contractor has not been selected. Architect Poppi S. Handy from Third Place Design Co-operative is designing the project. Mizrahi said he hopes to have permits for the project and start construction by year’s end.
Currently under construction in the neighborhood is a hotel/apartment project at First Avenue and Stewart Street. Planned are three hotels: one in the historic Eitel Building at Second and Pike, another on a former surface parking lot at Second and Stewart and the third at Second and Virginia.”
“Marc Stiles covers real estate for the Puget Sound Business Journal.”