Arrivé
High-rise hotel and residences in Seattle, Washington, US / From Wikipedia, the free encyclopedia
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Arrivé (/ɑːriːˈveɪ/ ah-ree-VAY)[5] is a 440-foot (130 m), 41-story skyscraper in the Belltown neighborhood of Seattle, Washington. The $190 million project, originally named Potala Tower after the Potala Palace in Tibet, was designed by Weber Thompson and consists of 342 apartments and a 142-room hotel. It was financed partially by Chinese nationals through the EB-5 visa program and began construction in April 2015.
Arrivé | |
---|---|
Former names | Potala Tower, Cinema Tower |
General information | |
Status | Completed |
Type | Residential and hotel |
Address | 2116 4th Avenue Seattle, Washington |
Coordinates | 47°36′51.91″N 122°20′30.24″W |
Groundbreaking | August 28, 2014 |
Construction started | April 2015 |
Construction stopped | August 2015 – October 2016 |
Topped-out | May 2018 |
Opened | February 12, 2019 |
Cost | $190 million[1] |
Height | |
Roof | 440 ft (130 m) |
Technical details | |
Floor count | 41 |
Floor area | 530,000 sq ft (49,000 m2) |
Design and construction | |
Architecture firm | Weber Thompson |
Developer | Binjiang Tower Corp and Molasky Group |
Main contractor | PCL Construction |
Other information | |
Number of units | 344 apartments, 142 hotel rooms |
Parking | 329 stalls |
Website | |
Arrivé Seattle | |
References | |
[2][3][4] |
Construction was put on hold in August 2015, when the assets of project developer Lobsang Dargey were frozen by a court order after a civil fraud suit by the U.S. Securities and Exchange Commission (SEC). The SEC alleges that Dargey diverted funds from the project for his own personal uses, including the purchase of his Bellevue home and gambling. The project was then transferred to a court-appointed receiver and later stripped of its EB-5 eligibility. In May 2016, the presiding judge approved a plan by two firms to buy out Dargey's share of the project and restart construction, pending approval from EB-5 investors; in October, the two companies signed an agreement to restart construction and re-brand the project. The tower was completed and opened in February 2019.