Construction on the 41-story Potala Tower in Seattle finally kicked off following a ground-breaking ceremony seven months ago. According to the Puget Sound Business Journal, the luxury apartment and hotel project is located in downtown Seattle, with PCL Construction serving as the general contractor.
The project's developer, Lobsang Dargey, is a former monk from rural Tibet. He organized the memorable ground-breaking in late August, which included prayers and chanting by monks at a nearby transmission repair shop that was later demolished.
The cost of the project, designed by Seattle-based Weber Thompson, totals $190 million. Overseas financing through Path America will help fund the construction of this "modern sanctuary," as the project team calls it. The tower will house 142 hotel rooms, 340 apartment units, and a restaurant.
Potala Tower is scheduled for completion in 2017.
Related Stories
Mixed-Use | Apr 5, 2018
SOM unveils design for 54-story mixed-use tower in Hangzhou, China
The tower will rise 944 feet.
Wood | Feb 15, 2018
Japanese company announces plans for the world’s tallest wooden skyscraper
The planned tower would rise 350 meters (1148 feet).
High-rise Construction | Feb 14, 2018
BIG and Carlo Ratti Associati-designed Singapore skyscraper has open-air ‘oases’ at multiple levels
The new skyscraper will include “the office of the future.”
High-rise Construction | Dec 20, 2017
Another record year for high-rise construction
More than 140 skyscrapers were completed across the globe this year, including 15 supertall towers.
High-rise Construction | Oct 4, 2017
90-story mixed-use building could become Denver’s first supertall tower
Manhattan-based Greenwich Realty Capital is developing the project.
High-rise Construction | Sep 8, 2017
CTBUH determines fastest elevators and longest runs in the world in new TBIN Study
When it comes to the tallest skyscrapers in the world, the vertical commute in the building becomes just as important as the horizontal commute through the city.
Codes and Standards | Sep 5, 2017
New CTBUH initiatives to investigate link between fire and façades
In wake of Grenfell tragedy, Council forms new workgroup.
Mixed-Use | Aug 30, 2017
A 50-acre waterfront redevelopment gets under way in Tampa
Nine architects, three interior designers, and nine contractors are involved in this $3 billion project.
Codes and Standards | Aug 7, 2017
Council on Tall Buildings and Urban Habitat to create standards to measure floor area
The standards will examine existing codes and regulations to find where they are too broad or contentious.
High-rise Construction | Aug 1, 2017
Construction on the world’s skinniest tower halts due to ballooning costs
The planned 82-story tower has stalled after completing just 20 stories.
