When you’re looking for a tower unit in Seattle, you’re not alone.
The number of units available in the Seattle area is growing rapidly.
Seattle’s population has exploded in recent years, and the city is now home to nearly 1.3 million people.
The population growth has fueled the construction of more than 300,000 apartment towers.
These apartment buildings are now filling up fast, and some are already overcrowded.
In fact, according to the U.S. Census Bureau, the number of new apartment buildings in Seattle rose to 2,921 in 2018 from 1,788 in 2018.
If you’re a landlord looking to build a tower, there are several things you need to consider before you even consider building a new unit.
In this article, we’ll explore the pros and cons of each option, as well as what your options will look like when you’re ready to start planning your tower.
Pros of the Tower Apartment The building of a tower in Seattle requires a significant investment.
The building must be approved by the City of Seattle, and if approved, the developer must provide a plan for the site, as detailed in a zoning document.
The developer also needs to submit an application with the city for the project.
The application process is typically lengthy and expensive, and it can take up to two years to process.
The average price for a new tower apartment is around $3.2 million, but some tower units can cost more than $7 million.
Some tenants in Seattle’s tower apartment buildings pay thousands of dollars per month in rent, which is expensive for tenants living in an apartment building.
Some of the other benefits of owning a tower include: A more comfortable living space, with less moving furniture to deal with.