DOCSLIB.ORG

Seattle New Construction & Proposed Multifamily Projects 1Q18

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Seattle New Construction & Proposed Multifamily Projects 1Q18 Seattle New Construction & Proposed Multifamily Projects 1Q18 ID PROPERTY UNITS 1 McKenzie 450 2 Park 77 182 81 3 AirMark 371 4 Chroma SLU 275 5 Voda 128 2 6 624 Yale 206 7 Elan Uptown Flats 182 8 Batik 195 9 AMLI Arc 393 87 82 40 10 Village at Beardslee Crossing Phase II, The 147 12 10 36 32 11 Assembly 118 359 101 12 Spencer 68 Phase II, The 84 63 30 Total Lease-Up 2,972 37 6 13 1120 Denny Way 1128 51 57 83 14 Esterra Park Blocks 5, 6A and 9 658 24 15 Modera Redmond 300 59 17 53 68 25 16 Everett Waterfront 250 54 13 58 94 98 33 29 7 74 67 17 Village at Totem Lake 201 88 49 4 18 AMLI Spring District 204 99 64 41 1 9 19 Crossroads Senior Living 185 16 28 85 90 50 20 1021 112th Avenue NE 258 38 84 60 27 5 42 21 Luna 108 61 70 103 22 Talisman 286 76 44 89 23 888 108th Avenue NE 158 48 91 24 Marlowe 181 80 77 97 65 25 2100 East Madison 50 26 18727 Blueberry Lane 112 27 Vida 201 8 69 28 Arrive 339 66 35 29 Avalon Belltown Towers 275 46 30 Mercer Blocks, Block 25 West 83 31 Vale 110 26 34 32 Boulevard Place 292 33 Northgate Eighth 139 34 Muir 135 35 Yesler Terrace Block 3 237 74 970 Denny 461 36 Arabella II 107 75 Upton Flats 104 37 Mercer Blocks, Block 31 81 76 Riano 74 38 Kirkland Urban 185 77 Valdok, The 178 39 Alexan Central Park 193 78 StationHouse 216 40 Woodin Creek Village Buildings A, B & D 236 79 Anthology 398 39 41 10 Clay 62 80 Axle 226 42 1001 Minor 209 81 Creekside Phase II 50 43 Foundry, The 118 82 Edition 135 15 44 1718 NW 56th Street 164 83 University 117 45 B2 165 92 84 Elara at the Market 150 71 46 Puget Park 256 85 East Union 144 39 62 78 47 AVA at Esterra Park 323 86 Sonata East 91 48 Werner, The 59 87 205 72 22 49 Urban Green Villa 132 88 Woodland 85 50 Danforth, The 265 89 LIV Roosevelt 83 51 Mariner on Republican 128 90 Luna 72 93 52 Hyde Square 618 91 4516 Union Bay Place 61 21 53 2nd & John 80 92 162TEN 96 54 Alexan 100 164 93 Alexan Marymoor 227 96 43 86 79 55 Bellevue Vuecrest 137 94 121 12th Avenue East 51 31 56 Arras 279 95 Mira Bellevue 162 75 57 Ascent 252 96 Liv Fauntleroy 53 58 Sitka 384 97 Arion 98 11 59 Lane 217 98 Cubix North Park 108 60 6301 15th Avenue NW 63 99 Crew 70 72 47 61 Lucille on Roosevelt 106 100 Metro 112 Phase II 57 14 19 62 Triangle, The 195 101 Merc, The 122 63 800 5th Avenue North 68 102 Westridge Phase II 50 52 64 1111 East Olive 80 103 West Edge Tower @ 2nd & Pike 340 3 65 Broadstone First Hill 350 55 95 Total Under Construction 16,691 20 18 56 66 Modera Jackson 160 23 67 Gerrish Hall 55 102 68 Orion 129 LEGEND 100 69 Metro Line Flats 75 73 Lease-Up 70 Brooklyn Flats, The 55 45 71 Ravello 102 Under Construction 72 Redmond 148 244 Planned 73 Cerasa 154 Prospective 5 mi Source: Yardi Matrix a Berkshire Hathaway and Leucadia National company Seattle New Construction & Proposed Multifamily Projects 1Q18 ID PROPERTY UNITS 178 4th & Bell Tower 287 104 3214 Broadway 140 179 5th & Lenora 463 105 Allegro at Ash Creek 114 180 5th & Virginia 431 119 106 Evergreen Village 231 181 600 Wall Street 370 107 Lynnview 60 182 901 Harrison Street 292 120 108 Greater Residence 123 183 9th & John 278 109 Westgate Village 85 184 Altitude Residences 236 110 Avalon North Creek 316 185 BB6 936 111 111 Lodge Phase III, The 200 186 Block V 638 112 Bothell Way 200 187 Communita Atelier 98 113 Lifebridge 562 188 Emerald, The 266 114 320 North 85th Street 210 189 Rainier Square Redevelopment 200 118 114 117 115 115 8501-8521 15th Avenue NW 114 190 Shilla Tower 286 116 116 8612 Palatine Avenue North 145 191 St. Johns 430 124 133 117 8829 Roosevelt Way NE 72 192 722 East Pike Street 90 118 9731 Greenwood Avenue North 54 193 800 Columbia Street 274 135 134 130 119 Artisan, The 172 194 Crosby Capitol Hill 50 140 128 129 139 120 GreenLofts Lake City 109 195 Spring Street & 8th Avenue 550 123 141 121 1514 NW 52nd Street 62 196 104 12th Avenue 300 223 122 122 5512 17th Avenue NW 90 197 16th & Cherry 50 121 132 123 6416 15th Avenue NW 60 198 City People's Redevelopment 76 131 124 8311 15th Avenue NW 83 199 Jackson & 26th 77 138 127 125 4025 Stone Way North 59 200 SpringHill Suites 123 126 104 137 136 126 4201 Stone Way North 51 201 Quendall Terminals 692 125 142 127 4555 Roosevelt Way NE 168 202 Inneswood 93 128 6860 East Green Lake Way North 59 203 4721 38th Avenue SW 51 129 7001 Roosevelt Way NE 54 204 4722 Fauntleroy Way SW 250 130 7011 Roosevelt Way NE 57 205 4800 40th Avenue SW 67 131 815 NE 66th Street 78 206 Braseth 42nd 77 132 836 NE 66th Street 78 207 1405 South Bayview Street 67 133 8403 Greenwood Avenue North 70 208 2016 23rd Avenue South 100 134 Green Lake North 133 209 5201 Rainier Avenue South 107 135 Phinney Flats 59 210 6901 Martin Luther King Jr Way South 141 108 136 4536 20th Avenue NE 64 211 Sonata West 98 105 137 4700 Brooklyn Avenue NE 229 212 Barton Terrace 66 106 138 4710 20th Avenue NE 52 213 Sterling South Center 166 110 139 Block 3A 131 214 Avaya 74 74 107 109 140 Centerline 235 215 Sunset Terrace Redevelopment 112 145 157 141 Luxe II 52 216 VIA 405 270 142 Roosevelt 114 217 Vintage at Seatac 170 112 146 151 143 Blackbird 165 218 Kent Midway 265 144 Esterra Park Block 10 263 219 Waterview Crossing Building 3 326 220 Marquee on Meeker 492 145 Woodin Creek Village Buildings C & E 86 225 146 Interbay 94 221 Reserve at Kent, The 252 147 1110 Dexter Avenue North 85 222 Mont Vu 126 113 143 148 1115 Dexter Avenue North 170 223 Iron Flats 289 150 226 149 1405 -1415 Dexter Avenue North 167 224 Bear Creek 360 224 150 2100 Queen Anne Avenue North 250 225 Totem Lake 343 153 151 318 Nickerson Street 64 226 2031 Westlake 71 147 152 400 Roy 65 227 Center Steps 269 164 144 148 153 Stream Dexios 88 228 600 East Howell Street 76 161 154 14th & Madison 137 229 Capitol Hill TOD Site A 150 162 149 160 155 1833 Broadway 50 230 Capitol Hill TOD Site B South 74 163 152 156 225 Harvard Avenue East 71 231 1165-1175 Harrison Street 80 208 169 198 207 227 176 177 157 3272 Fuhrman Avenue East 61 232 1200 Stewart Street 1051 203 206 239 187 167 231 172 158 953 East Union Street 59 233 3rd & Virginia 453 238 182 156 204 209 202 159 Capitol Hill TOD Site C 94 234 707 Terry Avenue 488 211 181 190 191 159 212 201 175 185 186 168 160 Bellevue Parkside 136 235 Yesler Terrace Block 4 200 205 210 241 155 230 171 232 228 229 161 Bellevue Square 250 236 First Central Station 383 240 242 178 183 162 ELEV8 439 243 215 194 192 237 Promenade 23 532 173 170 154 163 Four 106 Phase I 326 238 Issaquah Gateway Senior 146 174 179 158 164 Plaza Residential 260 239 Beacon Crossing 97 216 233 184 180 165 100 Columbia Street 287 240 Beacon Hill 65 213 188 189 195 197 166 1101 Western Avenue 325 241 Stazione:25, The 301 234 214 193 167 1120 John Street 843 242 3717 South Alaska 243 166 168 1121 Stewart Street 95 243 Cubix Othello 85 217 165 169 1170 Republican 91 Total Planned 29,061 236 236 170 1800 Terry Avenue 428 219 235 196 220 221 171 1901 Minor Avenue 940 218 237 172 2014 Fairview Avenue 437 199 LEGEND 222 173 2121 5th Avenue 136 Lease-Up 200 174 2218 1st Avenue 66 175 307 Broad 149 Under Construction 176 408 Aurora Avenue North 78 Planned 177 427 9th Avenue North 242 Prospective 5 mi Source: Yardi Matrix a Berkshire Hathaway and Leucadia National company Seattle New Construction & Proposed Multifamily Projects 1Q18 ID PROPERTY UNITS 318 815 9th Avenue 290 244 2709 17th Avenue South 95 319 Convention Center Site B 409 256 245 18631 Alderwood Mall Pkwy 349 320 Esker 70 321 Skyline Expansion 76 246 Lynnwood Place 330 255 247 Point Wells Urban Center 250 322 1020 South Main Street 282 248 Andorra Estates 84 323 1221 South Main Street 100 254 249 Andorra Estates Phase II 240 324 16th Avenue 91 250 Paradise Lake Road Garden 360 325 19th & Madison 160 251 Shoreline 243 326 Rainier 193 252 10540 Greenwood Avenue North 62 327 Dahlgren 212 252 253 209 North 87th Street 52 328 River Run 130 346 254 3310 NE 125th Street 150 329 3039 SW Avalon Way 71 255 Caspian, The 252 330 Junction Landing 62 256 Lake City 73 331 1801 Rainier Avenue South 186 253 257 2417 NW Market Street 180 332 2007 South State Street 60 258 Crown Hill 54 333 2019 24th Avenue South 67 259 3421 Woodland Park Avenue North 85 334 3235 Rainier Avenue South 112 258 260 4048 7th Avenue NE 80 335 3421 Rainier Avenue South 77 261 4239 8th Avenue NE 52 336 4221 37th Avenue South 55 263 269 262 6300 9th Avenue NE 140 337 6730 Rainier Avenue South 98 262 263 6501 Roosevelt Way NE 126 338 Columbia City 80 257 275 264 743 North 35th Street 56 339 Link Mt.
Load more

Recommended publications
  • Meets Special Condition S6 of NPDES Permit
    King County Department of Natural Resources and Parks Wastewater Treatment Division King Street Center, KSC-NR-0500 201 South Jackson Street Seattle, WA 98104-3855 February 27, 2018 Biniam Zelelow Washington State Department of Ecology 3190 160th Avenue SE Bellevue, WA 98008-5452 Transmittal of King County Industrial Waste Program's 2017 Annual Pretreatment Report Dear Mr. Zelelow: In accordance with Special Condition S6 of the National Pollutant Discharge Elimination System permits for the King County Department of Natural Resources and Parks, Wastewater Treatment Division's treatment plants, I am submitting the 2017 Annual Pretreatment Report. This submittal includes an executive summary and a program narrative for 2017, which provides greater detail on program activities. Please find the narrative portion of the report and a CD containing the appendices enclosed with this letter. In addition, the narrative and appendices will be uploaded to the Permitting and Reporting Information System (PARIS). If you have any questions regarding the Annual Pretreatment Report, please call Industrial Waste Program Manager Mark Henley at 206-263-6994 or email him at [email protected]. Sincerely, ^v ~^'-—' Mark Isaacson Division Director Enclosure ec: Chris Townsend, Section Manager, Environmental and Community Services Section (ECSS), Wastewater Treatment Division (WTD), Department of Natural Resources and Parks (DNRP) Mark Henley, Manager, Industrial Waste Program, ECSS, WTD, DNRP Annual Pretreatment Report 2017 March 2018 Department of Natural Resources and Parks Wastewater Treatment Division Industrial Waste Program For comments or questions, contact: Mark Henley King County Wastewater Treatment Division Industrial Waste Program KSC-NR-0513 201 S. Jackson Street Seattle, WA 98104-3855 206-263-6994 [email protected] Alternative Formats Available 206-477-5371, TTY Relay: 711 Contents Executive Summary .......................................................................................................................
    [Show full text]
  • The Regrade, Seattle, WA ABOUT MIDTOWN21
    The Regrade, Seattle, WA ABOUT MIDTOWN21 Midtown 21 is a stunning new mixed-use retail and office building designed with beautiful retail space and set in a neighborhood designed for livability. The neighborhood is rapidly evolving and becoming Seattle’s densest and most livable area. With an emphasis on walkability and the ‘live, work, and play’ mindset, the Denny Triangle is a prime target for retailers and restaurants seeking an 18-hour per day customer base. Denny Triangle seamlessly integrates Seattle’s most vibrant neighborhoods as it is at the nexus of the Central Business District, Capitol Hill, South Lake Union and the retail core. Adjacent buildings provide foot traffic from Amazon, HBO, Seattle Children’s, and more. Future adjacent development will include the $1.6B expansion of the Washington State Convention Center, Seattle Children’s Building Cure, as well as Washington’s largest hotel with over 1,200 rooms at 8th and Howell. 5,720 SF of retail divisible 365,000+ SF Class A office Seattle City Light Electrical Substation Nexus 403 units (2019) 1200 Stewart Metropolitan Park 149,309 SF retail Pho Bac MINOR AVE 336,000 SF oce 876 units Market (2019) House Corned Beef Olive Mirabella Retirement Kinects Tower Tower Apartment 366 units (2018) Apt Tilt 49 1901 Minor 307,000 SF oce(2017) + 393 units 737 units (proposed) Convention Convention Center BOREN AVE Hilton Center Expansion Garden Inn Expansion Surface Parking Jars 564,000 sf oce Juice 222 rooms Hill7 (2020) 1800 Terry 270 units (2018) Midtown 21 Building Cure 365,000 SF
    [Show full text]
  • 1930 Boren Avenue Trammell Crow | Lmn | Weisman Design Group Early Design Guidance | Sdci Project # 3032054-Eg | July 17, 2018 Table of Contents
    1930 BOREN AVENUE TRAMMELL CROW | LMN | WEISMAN DESIGN GROUP EARLY DESIGN GUIDANCE | SDCI PROJECT # 3032054-EG | JULY 17, 2018 TABLE OF CONTENTS 1.0 DEVELOPMENT OBJECTIVES 2.0 SITE PLAN 3.0 URBAN DESIGN ANALYSIS 4.0 ZONING DATA 5.0 DESIGN GUIDELINES 6.0 ARCHITECTURAL MASSING CONCEPTS 2 1930 BOREN AVE. I PROJECT # 3032054-EG I EARLY DESIGN GUIDANCE I 07.17.2018 LMN 1.0 DEVELOPMENT OBJECTIVES DEVELOPMENT SUMMARY SITE CONTEXT #3029383) is directly east of the site and is across the street on Boren Avenue with offi ce, The proposal at 1930 Boren Avenue is an The project site is located within the DMC planned as a mixed use building with a 440 laboratories, research and development to approximately 159 ft. high commercial building. 240/290-440 zone and within the Denny ft tower and 8-story podium directly adjacent accompany the research building currently The site is bounded by Boren Avenue to the Triangle Urban Center Village. The project site to the site and an 8-story “sidecar” hotel over under construction at 1920 Terry Avenue. south, Virginia Street to the west, an alley to is bordered by the DMC 340/290-440 zone to the podium adjacent to Stewart Street. To the the north and a proposed mixed-use building the south of Boren Avenue. north across the alley is 1901 Minor Avenue on a podium to the east. (SDCI# 3019623) a residential building with The Denny Triangle neighborhood is rapidly two 400 ft tall towers on top of an 8-story The project is planning for approximately evolving with several new buildings refl ecting podium.
    [Show full text]
  • 2.86-Acres | 124395 Sf
    2.86-acres | 124,395 sf REQUEST FOR PROPOSALS: unique development opportunity premier seattle land site located in south lake union INVESTMENT CONTACTS: Lori Hill Rob Hielscher Bob Hunt Managing Director Managing Director Managing Director Capital Markets International Capital Public Institutions +1 206 971 7006 +1 415 395 4948 +1 206 607 1754 [email protected] [email protected] [email protected] 601 Union Street, Suite 2800, Seattle, WA 98101 +1 206 607 1700 jll.com/seattle TABLE OF CONTENTS Section I The Offering 4 Introduction Investment Highlights Site Summary Objectives and Requirements Transaction Guidelines Section II Project Overview & Development Potential 17 South Lake Union Map and Legend Project Overview Zoning Zoning Map seattle Development Considerations Development Potential Section III RFP Process and Requirements 34 Solicitation Schedule Instructions and Contacts RFP Requirements Evaluation Process Post Selection Process Disclosures Section IV Market Characteristics 50 Market Overview Market Comparables Neighborhood Summary Regional Economy Section V Appendices 74 NORTH See page 75-76 for List of Appendix Documents Copyright ©2018 Jones Lang LaSalle. All rights reserved. Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the property without express or implied warranties of any kind. The property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. Section I THE OFFERING 4 | Mercer Mega Block | Request for Proposals 520 REPLACE MERCER STREET LAKE UNION DEXTER AVE N ROY STREET ROY 99 NORTH Last large undeveloped site in South Lake Union | Mercer Mega Block | Request for Proposals 5 THE OFFERING INTRODUCTION MERCER MEGA BLOCK JLL is pleased to present the Mercer Mega Block, a 2.86-acre site acquisition opportunity.
    [Show full text]
  • Upzoning and Value Capture How U.S. Local Governments Use Land
    Land Use Policy 95 (2020) 104624 Contents lists available at ScienceDirect Land Use Policy journal homepage: www.elsevier.com/locate/landusepol Upzoning and value capture: How U.S. local governments use land use T regulation power to create and capture value from real estate developments Minjee Kim Land Use Planning and Real Estate Development, Florida State University, 336 Bellamy Building, 113 Collegiate Loop, P.O. Box 3062280, Tallahassee, FL, 32306, United States ARTICLE INFO ABSTRACT Keywords: The public sector can harness its authority to control land uses to secure valuable public benefits from real Value capture estate developments. This paper investigates how five major U.S. cities—Boston, Chicago, New York, San Upzoning Francisco, and Seattle—are using their land use regulation powers to create and capture value for the public Zoning negotiations benefit. An analysis of the zoning and entitlement processes of the 20 largest real estate development projects Land use exactions in each city reveals that value has been captured from all 100 projects. Furthermore, these cities implicitly Real estate development differentiated value capture into two distinct components: value creation and value capture. Among the100 projects, cities created value for 90 projects by allowing greater density and height—a practice often referred to as “upzoning.” Distinguishing such upzoning incidences from traditional land use exaction tools is im- portant because the added value gives local governments greater legitimacy in asking for public benefits. The experience of the five cities further revealed that value capture strategies can be customized to adapt tounique regulatory, political, and cultural contexts. Lastly, despite the fact that the majority of the upzoned projects increased density and height through project-specific negotiations, none of the cities had clear standards or evaluation frameworks for determining: how much value was created, what can be asked for in return, and who should benefit from the value captured.
    [Show full text]
  • Seattle New Construction & Proposed Multifamily Projects 1Q20
    Seattle New Construction & Proposed Multifamily Projects 1Q20 80 Camano Island 4 193 Marrowstone ID PROPERTY UNITS Island 4 Affinity at Arlington 170 18 Avalon North Creek 316 Total Lease Up 486 24 Waterfront Place 266 Whidbey 24 33 Greater Residence 123 Island 46 Manor Way Apartments South 205 57 54 Hamptons at Mill Creek 50 57 3214 Broadway 140 63 Helm 192 79 Total Under Construction 976 77 77 Holly Ridge 121 78 18631 Alderwood Mall Pkwy 349 63 46 79 Koz on Weaver Road 100 54 80 Madison Place 81 81 Paradise Lake Road Garden 360 33 Total Planned 1,011 189 78 190 18 189 Evergreen Village 231 81 190 Northline Village 1,370 193 Centennial Park 206 Total Prospective 1,807 5 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Seattle New Construction & Proposed Multifamily Projects 1Q20 408 191 192 409 82 ID PROPERTY UNITS 194 6 Geo 164 6 83 11 Woodin Creek Village Phase II 316 Total Lease Up 480 70 116 11 39 Alexan Shoreline 330 47 Lifebridge 410 39 51 Bower, The 339 195 70 Postmark, The 243 Total Under Construction 1,322 Saint Edward 276 State Park 275 82 Crux 241 Temporarily 83 Bothell Way 200 closed 116 12463 NE Woodinville Drive 167 117 North Aspect Totem Lake 650 Total Planned 1,258 51 117 271 191 Andorra Estates Phase II 240 410 192 Cedar Park Townhomes 52 47 194 Fireside Homes 209 195 Shoreline Place 1,358 271 Proctor Willows 173 275 14312 132nd Avenue NE 87 276 Woodinville Wine Village 425 408 Andorra Estates 84 409 Ballinger Way 227 410 12335 120th Avenue NE 395 Total Prospective 3,250 1 mi Source: Yardi
    [Show full text]
  • Seattle Area Construction Look Ahead February 20, 2020
    Seattle Area Construction Look Ahead February 20, 2020 Also available online at: http://www.seattle.gov/transportation/constructionlookahead.htm For an online map of these events, go to http://www.seattle.gov/travelers. Items will appear on the dates listed. Please note that many of these projects are weather dependent, and may be cancelled due to inclement weather. Please check the project's website for updates. Highlights: January 4 - March 15: Connect 2020 Sound Transit project continues with service reductions and one final weekend closure the weekend of March 14 - 15. February 21 & 22: Full northbound closure of the 1st Ave S Bridge. Nightly 9PM - 8AM. February 22: Columbia St. opens as a two-way street transit corridor. February 22: Seattle Dragons host the Dallas Renegades. XFL football at CenturyLink Field. Kickoff at 2PM. February 27: Seattle Sounders host Olimpia at CenturyLink Field. Kickoff at 7PM. February 28: Full southbound closure of the SR99 Tunnel for emergency repairs. Fri 10PM - Sat 8AM. March 1: Hot Chocolate 15K/5K Run will start and finish at the Seattle Center Sunday morning. The northbound lanes of SR99 will be closed from South Lake Union to Green Lake. March 1: Seattle Sounders host the Chicago Fire at CenturyLink Field. Kickoff at 12PM. March 13: Full northbound closure of the SR99 Tunnel for monthly maintenance. Fri 10PM - Sat 8AM. March 14 - 15: No Link service between SODO and Capitol Hill. Week of February 17 - 23 Planned Construction Date(s) and Project /Location Description of Traffic Impacts Location Times Sound Transit is constructing new tracks that will connect downtown Seattle to the Eastside.
    [Show full text]
  • BUILDING CURE 1920 Terry Avenue Seattle, Washington BUILDING CURE
    BUILDING CURE 1920 Terry Avenue Seattle, Washington BUILDING CURE Together, Seattle Children’s Hospital seizes this once-in-a-lifetime opportunity to build a place where childhood disease can be cured. Located at Stewart Street and Terry Avenue in downtown Seattle, Building SOUTH Cure will expand the Seattle Children’s SITE CAPITOL HILL Research Institute campus to help LAKE accomplish more life-changing research that transforms the lives of Expansion UNION Opening 2020 children and their families. Building Cure will be 13-stories and include research facilities, building operations, a museum and forum space, classrooms, parking for about 300 RETAIL CORE vehicles and ground-oor retail. CBD Pike Place Market PIONEER SQUARE HOTEL ROOMS RESIDENTS 10M 14M PIKE PLACE 22M+ SQ FT OF NEW MARKET VISITORS ANNUAL VISITORS OFFICE SPACE ANNUALLY (Developed or Planned) 613K IN PRIMARY NEW PROJECTS TRADE AREA 14K+ P CURRENT 34K+ 265K $459M NEW RESIDENT UNITS $1.46B DAYTIME 6K+ DOWNTOWN 98K ANNUAL BUSINESS (Developed or Planned) POPULATION NEW ROOMS SEATTLE RETAIL PARKING SPACES REVENUE FROM (Developed or Planned) SALES (2015) CRUISE INDUSTRY DOWNTOWN SEATTLE Seattle City Light Electrical Substation Nexus 403 units (2018) 1200 Stewart Metropolitan Park 149,309 SF retail Pho Bac MINOR AVE 336,000 SF oce 876 units Market (2019) House Corned Beef Olive Mirabella Retirement Kinects Tower Tower Apartment 366 units (2018) Apt Tilt 49 1901 Minor 307,000 SF oce(2017) + 410 units 737 units (proposed) Convention Convention Center BOREN AVE Hilton Center Expansion
    [Show full text]
  • This Page Contains Field Values to Be Dropped in Throughout the Report
    Appraisal of: Garden Court Apartments 3410 Colby Avereet Everett, WA 98201 Prepared By: O’Connor Consulting Group 500 Union Street, Suite 650 Seattle, WA 98101 Brian O’Connor, MAI, CRE Reilly Peavey, Associate Prepared For: Prestige Properties NW, LLC c/o Jason Decker 425.922.9043 [email protected] Effective Date: February 20th, 2020 Date of Report: March 6th, 2020 OCG# 20-104 March 6th, 2020 OCG Ref. No. 20-104 Prestige Properties NW, LLC c/o Jason Decker 425.922.9043 [email protected] RE: Appraisal of: 3410 Colby Ave Everett, WA 98201 Dear Mr. Decker: In accordance with your request, we have written an appraisal and formed an opinion of the current Market Value of the Fee Simple interest in the above-referenced property. The accompanying appraisal report identifies the subject property, describes the market for this type of property, and presents the specific market data and analysis leading to our estimate of value. The subject property consists of two 6-unit multifamily buildings totaling 12 multifamily units. The buildings are recorded as having been built in 1989 and 1990. The buildings are situated on three parcels totaling 18,296 square feet located at 3410 Colby Avenue in the Port Gardner neighborhood of Everett. The subject’s units are both townhouse and flat style and include 3 levels of living area plus covered off- street parking accessible from the alley. Four units are one-bedroom one-bathroom flats, four units are two-bedroom one-bathroom flats, and four units are two-bedroom two-bathroom townhouses. In this report, we have estimated the subject’s current market value effective on the date of inspection, February 20th, 2020.
    [Show full text]
  • MULTIFAMILY 3RD QUARTER  VACANCY |  UNEMPLOYMENT |  RENTAL RATE |  CONSTRUCTION DELIVERIES 2020 Year-Over-Year Change
    MARKET TRENDS | SEATTLE MULTIFAMILY 3RD QUARTER VACANCY | UNEMPLOYMENT | RENTAL RATE | CONSTRUCTION DELIVERIES 2020 Year-over-year change TOP SALE TRANSACTIONS FOR 3Q 2020 # of Sale Price Property Submarket Units Price /Unit Buyer Seller Kiara South Lake Union 461 $320,000,000 $694,143 Oxford Properties Group Holland Partner Group Modera First Hill First Hill 288 $125,000,000 $434,028 Global Asset Capital, Inc. Mill Creek Residential Trust LLC ALTO Apartments Belltown 185 $66,454,000 $359,211 Rise Properties Trust Hartz Mountain Industries, Inc. Clock Tower Village Apartments Outlying McChord 188 $59,975,000 $319,016 The Shidler Group Sunroad Holding Corp. Delano Education Hill 126 $51,500,000 $408,730 G.W. Williams Co. Essex Property Trust, Inc. TOP UNDER CONSTRUCTION # of Property Address Submarket Units Owner Delivery Date Onni South Lake Union Phase II 1120-1122 John St South Lake Union 1,200 Onni Group December 2021 Onni South Lake Union 1120 Denny Way South Lake Union 1,128 Onni Group March 2021 1200 Stewart Street 1200 Stewart St Denny Triangle 1,050 Westbank Projects Corp. December 2021 The Village at Totem Lake 12550-12650 120th Ave NE Totem Lake 851 CenterCal Properties LLC October 2020 2301 Seventh Ave 2301 Seventh Ave Denny Triangle 610 Onni Group June 2021 TOP COMPLETED CONSTRUCTION FOR 3Q 2020 Property Address Submarket # of Units Owner Delivery Date Capitol Hill Station 118 Broadway E Capitol Hill 428 Capitol Hill Housing July 2020 The View by Vintage 9800 219th Ave E Outlying Puyallup 408 Hearthstone Housing Foundation August 2020 Midtown 64 6800 S 246th St Riverfront 365 Goodman Real Estate Inc.
    [Show full text]
  • Seattle New Construction & Proposed Multifamily
    Seattle New Construction & Proposed Multifamily Projects 2Q18 ID PROPERTY UNITS 1 Danforth, The 265 2 Hyde Square 618 18 3 Ascent 251 4 Kiara 461 5 Cerasa 154 19 6 Encore 60 7 Metro 112 Phase II 57 10 8 Merc, The 122 58 9 Etta 75 107 10 205 72 40 54 8 11 Crew 70 12 Luna 71 34 51 13 East Union 144 59 17 14 Elara at the Market 150 76 77 3 15 McKenzie 450 41 83 16 CityLine Phase II 155 84 80 93 42 17 624 Yale 206 102 55 48 20 4 22 98 18 Creekside Phase II 50 50 15 92 74 19 Park 77 182 103 64 Total Lease-Up 3,613 16 49 36 13 11 12 1 20 600 Wall Street 370 88 14 65 21 Bower, The 339 67 87 45 47 78 22 1120 Denny Way 1128 61 86 23 Jackson 532 46 106 24 Marquee on Meeker 288 100 70 75 25 Bear Creek 360 73 26 Stazione:25, The 301 27 Esterra Park Blocks 5, 6A and 9 658 94 28 Modera Redmond 300 90 57 29 Marvelle at Southcenter 166 72 30 Village at Totem Lake 201 23 31 AMLI Spring District 204 44 56 32 4722 Fauntleroy Way SW 250 33 Crossroads Senior Living 185 6 34 800 5th Avenue North 68 35 Brio 258 74 Urban Green Villa 132 21 36 14th & Madison 137 75 Broadstone First Hill 350 37 Luna 108 76 Mariner on Republican 128 30 38 Talisman 286 77 University 117 78 Brooklyn Flats, The 55 63 39 888 108th Avenue NE 158 79 StationHouse 216 40 Lodge Phase III, The 200 80 2nd & John 80 41 Marlowe 181 81 Lux 137 42 2100 East Madison 50 82 Arras 279 43 Bellevue Parkside 136 83 Sitka 384 28 44 18727 Blueberry Lane 112 84 Lane 217 45 Track 66 78 85 6301 15th Avenue NW 63 86 aPODment Suites @ Giardino 62 25 96 46 Roosevelt 114 60 79 47 Vida 201 87 Valdok 177 62 89
    [Show full text]
  • Seattle Multifamily
    4th Quarter 2018 Real Estate Market Review Seattle Multifamily Top Sale Transactions for 2018 Property Submarket # of Units Sale Price Price/Unit Buyer Seller Avana 522 North Creek 558 $173,000,000 $310,036 Decron Properties The Blackstone Group LP Sparc Bel-Red 309 $150,000,000 $485,437 AGI Publishing Inc. USAA Real Estate Company The Reserve Apartments South Lake Washington 440 $143,000,000 $325,000 Griffis Residential Fairfield Residential The Griffis Residential South Lake Washington 440 $139,500,000 $317,045 Griffis Residential Fairfield Residential Cirrus Denny Triangle 355 $103,296,401 $290,976 GID Investment Advisors, LLC Squire Patton Boggs Top Under Construction Property Address Submarket # of Units Owner Delivery Date Onni Towers 1120 Denny Way South Lake Union 1,128 Onni Group November 2020 1200 Stewart St. 1200 Stewart St. Denny Triangle 1,050 Westbank Projects Corp. November 2020 The Village @ Totem Lake 12601 120th Ave. NE Totem Lake 851 CenterCal Properties, LLC August 2019 Tagore &156th Ave NE Tagore & 156th Ave. NE Overlake 658 City of Redmond January 2019 8549 E Martin Way 8549 E. Martin Way E. Olympia 623 The Wolff Company January 2019 Top Completed Construction Property Address Submarket # of Units Owner Delivery Date Hyde Square 2038 155th PI NE Crossroads 485 Carmel Partners June 2018 Kiara 111 Terry Ave. N South Lake Union 461 Holland Partner Group September 2018 McKenzie 2202 Eighth Ave. Denny Triangle 450 Clise Properties Inc. August 2018 Stratus 820 Lenora St. Denny Triangle 396 GID Urban Development Group January 2018 Sitka 1255 Harrison St. South Lake Union 384 Vulcan, Inc.
    [Show full text]