Mass timber tower planned for Seven Gables site in University District
It appears that Mark Cuban is jumping on the apartment development bandwagon in the University District.
A proposal for a 240-foot tall, mass timber residential building was listed in a city of Seattle blog Tuesday. The Seven Gables Theatre operated on the property until closing in 2017, after which neighbors reported squatters broke into the movie house, which was destroyed in a Christmas Eve 2020 fire.
It's not clear if the building would actually reach 240 feet tall, or about 24 stories. A building and land-use application to the city states for the site says a 13-story tower is planned.
The Business Journal contacted Cuban and fellow billionaire Todd Wagner's company, 2929 Productions of Los Angeles, but has not heard back.
https://www.bizjournals.com/seattle/news/2022/10/20/mass-timber-tower-eyed-seven-gables-site-seattle.html