Canadian Firm Concord Pacific Buys Denny Triangle Site For $72M
Concord Pacific recently purchased a multifamily development site in Denny Triangle for $72M. The site, at 1901 Minor Ave., has a Master Use Permit approval for two high-rise residential towers.
Concord Pacific, based in Canada, is also developing Seattle House, a 44-floor, 465-foot-high, mixed-use project next to Amazon’s Spheres. Seattle House will include an in-house car wash, yoga studio, resident lounges and work suites.
Concord Pacific is part of Vancouver, B.C.-based Concord Group, according to a report by the Daily Journal of Commerce. The firm developed Concord Pacific Place in Vancouver on 200 acres that were left after Expo ’86. The company has developed several mixed-use projects in Vancouver and is currently developing a 45-acre, 12,000-unit project in Toronto.
Kidder Mathews commercial real estate brokers Ross Klinger and Tim Foster represented Concord Pacific.
