A pair of local developers on Wednesday acquired a half block near Amazon’s new three-tower Denny Triangle campus, where they intend to build two 400-foot-high apartment towers with as many as 950 units.

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A pair of local developers on Wednesday acquired a half block near Amazon’s new three-tower Denny Triangle campus, where they intend to build two 400-foot-high apartment towers with as many as 950 units.

Ed Hewson and Jon Breiner, the pair behind real-estate firm HB Management, bought the land from Antioch University and Umpqua Bank for $30.5 million, records show.

The half block is along 6th Avenue between Battery and Bell streets. HB paid Antioch $26.5 million for its parcel, which now has a two-story office building, and $3.9 million to Umpqua Bank for a surface parking lot, public records show.

Antioch, which plans to move out at the end of 2016, has leased space in Martin Selig’s new Third & Battery building at 2400 3rd Ave, according to HB Management.

Due to Seattle’s tower-spacing rules, Antioch was racing to get its master permit for two 400-foot towers before Clise Properties, which plans to develop similarly tall towers on an adjacent half-block. A spokeswoman for HB Management said the firm found a way to make two towers work by acquiring the parking lot from Umpqua and seeking a variance for one tower on the Antioch parcel.