AKA: One Pacific Tower, Downtown, Seattle, WA

Structure Type: built works - dwellings - houses - apartment houses

Designers: PCL Construction Services, Incorporated, Building Contractor (firm); Vyzis Company, Real Estate Development (firm); Vassily Demetrios Vyzis (developer)

Dates: constructed 1995

27 stories

1st Avenue and Virginia Street
Pike Place Market, Seattle, WA 98101

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Bellevue developer Basil Vyzis conceived of this condominium high-rise, erected by PCL Construction; during early 1997, PCL sued the Vyzis Company, seeking to recover $2.5 million in unpaid costs. As of 04/1997, PCL had gotten a $2.2 lump sum and was receiving installments on the final $300,000. Basil Vyzis died in 1996, causing uncertainty within his development firm and exacerbated problems with creditors. Vyzis partnered with two other real estate developers to build this 27-floor, 75-unit condominium, Hammond Pacific Corporation of Seattle, WA, and the South Sea Development Company of Hong Kong;

A 3-bedroom, 2.5-bath condominium apartment with 2 balconies and 2 parking stalls had an asking price of $1,400,000, c. 2008. A 2-bedroom unit with 1,600 square feet on the 24th floor had an asking price of $1,160,000 at about the same time.

PCAD id: 14262