SEATTLE—sbe, a hospitality, lifestyle and real estate development company, Stockbridge Capital Group LLC, and Daniels Real Estate announced the development plans for SLS Hotel Seattle. Located at 5th and Columbia in Downtown Seattle, the announcement also marks the Seattle debut of designer Philippe Starck.
Construction of the $400 million development is expected to begin in the fourth quarter of 2013 with an anticipated completion date of 2016. In addition to the luxury SLS Hotel Seattle, which will occupy floors 2 through 15, the tower will also offer Class A office space. Once complete, SLS Hotel Seattle will offer 184 guestrooms and suites, 30,000 square feet of food and beverage outlets, over 20,000 square feet of conference and event space, as well as a spa and fitness areas.
“We’ve had our eye on Seattle for years, and with the local hospitality market trending in a very positive direction, we’re extremely pleased to announce our plans for SLS Hotel Seattle,” said Sam Nazarian, founder, chairman and CEO of sbe. “Stockbridge Capital and Daniels Real Estate are leaders in architectural excellence and along with the legendary designer Philippe Starck, Fifth and Columbia will add yet another chapter to the celebrated legacy of the SLS Hotels brand, while offering a tailored and unique hotel experience for locals and visitors alike.”
While programming of the food and beverage outlets has not yet been finalized, sbe will collaborate with SLS Hotels culinary director, and James Beard Award-winning Chef, José Andrés on developing the concepts. Once final, the food and beverage concepts are also expected to include a mix of sbe’s culinary and nightlife brands currently operating in Southern California, Nevada, Texas, and Miami.
The news of SLS Hotel Seattle reinforces the continued growth of sbe’s hotel, restaurant, and nightlife brands worldwide, which now includes over 70 properties currently operating or in development. In the last six months alone, sbe has announced SLS Hotels in Manhattan and China as well as the expansion of the Katsuya by Starck restaurant brand across the Middle East.