Can you believe it’s June already? Time to pull out that bathing suit…As time marches forward, so does apartment planning and construction across the city. Let’s check out what’s in store for Seattle’s multifamily market with Under Construction!
Planned: 8-Story Apartment Building in South Lake Union
- Who: Development company Wolff is behind this project, which will include market-rate apartments and retail space.
- What: The mixed-use building will include 210 market-rate apartments, as well as retail space–and while the building will be built at the current location of longstanding Seattle company Glazer’s Camera, Wolff has worked out a deal to allow Glazer’s to continue to operate during and after construction.
- Where: The building will be located in South Lake Union, at 430 Eighth Avenue North, a corner site which now just houses Glazer’s Camera.
- When: The project is not yet approved by the city, but both Wolff and Glazer are eager to get the go-ahead; design meetings started in late May.
Under Consideration: 19-Story Residential Tower Downtown
- Who: Cornish College of the Arts is behind this possible downtown tower; currently, they have housing located in Denny Triangle, which will be displaced with Amazon’s development.
- What: The 19-story tower would hold 230 units, solely for Cornish students, as well as other college space.
- Where: The main Cornish campus is at 1000 Lenora Street; the tower would sit just next to it downtown.
- When: Ankrom Moisan Architects have applied to build the project; in the meantime, Cornish has until 2015 to vacate its other dorm.
Under Construction: The Stream Uptown
- Who: Stream Real Estate is developing this 118-unit building, with design by Nicholson Kovalchick Architects.
- What: The building will incorporate 112 apartments and six live-work lofts, as well as parking for 68 vehicles. Billing itself as a “high-end lifestyle with low impact living,” the builders are utilizing green building practices and energy-efficient appliances.
- Where: The Stream Uptown apartments will be located uptown on Queen Anne, at 6th Avenue North.
- When: The building is expected to open later this year, and is currently leasing units.
Opening in September: Stadium Place’s West Block
- Who: NEW Financial and Daniels Real Estate are working together on this mixed-use project.
- What: West Block will house over 500 apartments and parking for 370 of those tenants, as well as 16,000 feet of retail space. West Block is the first of two blocks to be developed in the Stadium Place project, which has incorporated green building practices.
- Where: Both blocks of the Stadium Place project will be located in Pioneer Square, just north of Century Link Field.
- When: The West Block is scheduled to open in September of this year, with completion on the rest of the project to follow.
Completed: Expo Apartments
- Who: Essex Property Trust has completed this project, which was designed by Runberg Architecture Group.
- What: The complex includes 275 apartment units, as well as 18,000 square feet of retail and restaurant space. Parking for 320 vehicles is included as well.
- Where: The new building is located uptown, at 118 Republican Street (at the corner of 1st Ave N. and Republican).
- When: Construction was completed in the fourth quarter of 2012.
Completed: The Lyric Apartments
- Who: This building was completed by SRM Development, at a cost of $36,000,000.
- What: The Lyric Apartments hold 235 residential units, 17,400 square feet of retail space, and 5,700 square feet of ground-floor office space. The building also includes parking for 362 vehicles.
- Where: The mixed-use building is located on Capitol Hill, at 230 Broadway East (at Broadway E and E Thomas Street).
- When: The seven-story building was completed in the third quarter of last year.
Happy Wednesday! Have you adjusted to Daylight Savings Time yet? The whole “spring forward” can throw you for a loop. Whatever time it is, it’s also time to check in on the new units that are being planned, built, and opened in the Seattle Area. That’s right, it’s Under Construction!
Proposed: Micro Apartments in West Seattle
- Who: Architecture firm Nicholson Kovalchick have filed a preliminary site plan with the city for their proposed building.
- What: The design incorporates 31 “micro-units” into the apartment building’s four stories. Plans for parking are not yet available.
- Where: The site is located at 4535 44th SW, west of The Junction in West Seattle (a brick office building is keeping the space warm currently).
- When: With no design review scheduled for this proposal as of now, this building is at least a year or two away from completion…but we’ll be interested to hear more about the nature of the planned micro-units as the process goes forward!
Approved by Planners: Apartment Tower on First Hill
- Who: Seattle developer William Justen is overseeing this project, which was approved by planners a few weeks ago, for Swedish pension fund company Alecta.
- What: The building would house 328 units in its 27-story tower.
- Where: The site is located at Terry Avenue and Jefferson Street, in First Hill.
- When: With plenty of multifamily buildings under construction in Seattle, Alecta has not yet decided whether to go ahead with the project or put it on the back-burner for awhile. According to Justen, “it takes a crystal ball” to determine whether it’s too late to get in on the development boom.
Construction Underway: The REO Flats on Capitol Hill
- Who: Madrona Real Estate Services of Seattle and Glenmont Capital Management of New York are partnering on this project, which will preserve the façade of the existing building in a neighborhood first.
- What: The agreement to preserve the building’s façade, a “first in the Pike Pine Neighborhood Conservation Overlay District,” will preserve historic elements of the building and in return will be able to build bigger properties. There will be 108 apartments, as well as over 7,000 square feet of retail space and underground parking.
- Where: The project is located at 1515 14th Avenue, between Pike and Pine streets, in Capitol Hill.
- When: Construction has now begun, with leasing scheduled to begin in March of 2014.
In Progress: The Martin, at 5th Ave. and Lenora St.
- Who: Vulcan Real Estate is developing this Denny Triangle-adjacent high-rise.
- What: The Martin will hold 188 apartment homes in 24 stories, and is being constructed to LEED Silver standards. The building is meant to cater to the “upscale urban” renter, and will feature views of the City as well as Lake Union.
- Where: Located downtown near the Denny Triangle, the high-rise site is adjacent to the historic Paul G. Allen’s Cinerama Theater.
- When: Vulcan broke ground on this building just over a year ago; it is slated for completion this fall.
Now Leasing: The New Via6 Apartments, at the Intersection of Belltown/Downtown/SLU
- Who: Local developer Matt Griffin has taken this project personally–last November, he announced his plan for he and his wife to move into the building for a month upon its completion.
- What: Via 6 is a two-tower, 24-story building housing 654 units, as well as 16,000 feet of retail space.
- Where: Where else–just across from Amazon’s proposed three-tower development, on Sixth Avenue downtown.
- When: Now complete, not only is the Via 6 now leasing; it’s also holding a competition for one year’s worth of free rent. We could go for that! (As renters, of course–not as landlords.)
Guess what: We did it! We got through the first month of a brand new year. Hopefully by now you’re in that happy zone where you’re remembering to write 2013 on checks, but that resolution to go jogging a few times a week hasn’t slipped by the wayside quite yet.
As the new year charges ahead, so are multifamily building projects all across the city. That’s right, it’s Under Construction, here to keep you informed on new buildings in the works all across the city. Let’s see what’s cooking, shall we? (Projects listed in red are still in the planning stages; yellow projects are approved or under construction, and green are at or near completion.)
Proposed: 39 Story Apartment Tower at Second and Pine
- Who: The project has been proposed by Equity Residential; firm Weber Thompson would design.
- What: 400 units housed in a 39 story building that would also include 2,700 square feet of commercial space, with eight total levels of parking (four underground and four above).
- Where: Downtown, at the northeast corner of Second Ave. and Pine St.
- When: The project has not yet been finalized; Equity has just applied for land-use and construction permits for the site, which is currently a parking lot.
Planned: 171 Units in Fremont at 3606 Woodland Avenue N
- Who: The Carlyle group, partnered with Harbor Urban, has announced plans to develop in Fremont.
- What: 171 units that will be developed to compliment “the vitality of Fremont street-life.” That will include 11 townhomes, as well as studio and one- and two-bedroom units.
- Where: The project is planned for 3606 Woodland Avenue North. Because of its proximity to the Burke Gilman Trail, the developers are planning to incorporate bike lockers, as well as bike washing and maintenance stations, to appeal to cyclist-commuters.
- When: The project is slated to be complete around the fourth quarter of 2014.
In Progress: 283 AvalonBay Units in the U-District
- Who: AvalonBay Communities is currently constructing the two building complex, which was designed by GGLO.
- What: These 283 units, christened Ava University District, were designed with Gen Y renters in mind. A courtyard will bridge the gap between the two buildings; flex spaces to be used as art studios, coffee carts, boutique spaces, etc. will line the courtyard’s perimeter. The buildings will include eight live-work units as well.
- Where: Construction is taking place on 12th Avenue Northeast, just south of 47th Street.
- When: Project completion has been estimated at five or six months from now, in the summer of 2013.
Conditionally Approved: Amazon Expansion in South Lake Union
- Who: Amazon, of course–by way of Vulcan Real Estate. The project was designed by ZGF Architects out of Seattle. GLY is serving as contractor.
- What: This expansion will consist of two buildings standing six stories tall, with a total of 377,000 square feet.
- Where: These Amazon buildings would stand between Westlake Ave. N. and Ninth Ave. N., in South Lake Union–two blocks west of their current campus.
- When: The project was conditionally approved just days ago by the Department of Planning and Development. Now, Vulcan must proceed with caution–certain construction impacts could derail the approval.
Completed (and up for sale): GreenHouse, in Columbia City
- Who: Harbor Urban developed this property, in which nearly all units have now been leased. Cushman & Wakefield Commerce are marketing the building for sale.
- What: The building, which features irrigated rooftop garden plots (as well as edible landscaping!) is the first market-rate project to be built in Columbia City in 43 years. There are 124 units, twenty percent of which have been designated as affordable housing.
- Where: GreenHouse is located at 3701 S. Hudson Street.
- When: The project was completed just about four months ago, at which time half of the units were pre-leased; now, the building has filled to near-capacity. While there is no asking price listed with the building, Harbor Urban recently sold the Landes on First Hill for nearly $28.9 million.
Happy Friday! There’s a ton of festive happenings this weekend–check out the weekend event calendar here if you’re looking for things to do. And as you tool around town, it’s a safe bet you’ll head past at least one site where new multifamily units are going up, or a new apartment building has been proposed. In our new Under Construction feature, we’ve got a rundown on new construction and proposed projects. Whether it’s your next home, your next employer, or your future competition, you need to know all about it!
Under Construction: Via 6
- What: A cycle-centric building with 250 bike parking stalls
- How (many): 654 units in 24 stories (1,000 square feet)
- Where: At the point where Downtown, Belltown, and South Lake Union meet
- When: The building is currently under construction; their leasing office is taking applications now
- For more: Read the Seattle Times article
Under Construction: The Europa
- Who: Holland Partners
- What: A seven-story mixed use building with bicycle storage and rooftop decks
- How (many): 100 apartment units will sit atop 3,000 square feet of commercial space; underground parking will accomodate 90 vehicles
- Where: On Dexter Avenue, in South Lake Union
- When: The project is currently under construction; the completion date is TBD
- For more: Check out the GroupArchitect project page
Planned: 450 Units in Bellevue
- Who: Goodman Real Estate
- What: Four separate buildings, rising up to six stories, with an underground garage below
- How (many): The buildings will rise up to six stories, housing a total of 450 units
- Where: Overlake, between Northeast Bel-Red Road and 156th Avenue Northeast
- When: Construction is expected to begin in July 2013 and be completed by December 2014
- For more: Read the Seattle Times article
Under Construction: H20 Apartments
- Who: Euclid Development
- What: A six-story building with five intriguing live-work lofts included in the design
- How (many): 40 apartment units, plus 1,900 square feet of retail space
- Where: West Harrison, in Lower Queen Anne
- When: Construction began in November of last year and is scheduled to wrap up this coming January
- For more: Check it out in urbnlvn.com
Proposed: Junction Flats
- What: A four-story building proposed to replace two single-family homes and a triplex currently on the property
- How (many): Four stories is the max height allowed in that area; it will house approximately 70 units, with underground parking
- Where: The 4400 block of 42nd SW, across from Hope Lutheran Church
- When: This project is still in the planning stages–its Early Design Guidance meeting is on January 10th–and if all goes as planned, construction would begin in early 2014
- For more: Read the West Seattle Blog article
That’s it for today–but there are plenty more where those came from! Check back soon for more construction updates. In the meantime, the weekend is about to start…get out there and enjoy yourselves! We’ll see you next time.