Smith Tower Conversion Scaled Back

The owner of Seattle's history Smith Tower, Walton Street Capital, has scaled back its condo conversion plans. Initially, Walton Street planned to convert the entire building, once the tallest on the West Coast, to condominiums which would have resulted in approximately 150 units. However, no doubt swayed by the softening of Seattle's condominium market, they've scaled back plans to only convert the top 12 floors. The narrower upper floors will incorporate a single unit per floor, about 2,000 square feet each. No word yet on time frame or pricing

Prior posts: Smith Tower & Smith Tower Update