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Lake City/NE Seattle Development

14296 Views 66 Replies 20 Participants Last post by  mgobuild
I could've swore there was a thread for this but I can't find it anywhere. Anyways, here's a picture of a building under construction on the NW corner of NE 127th St and 30th Ave NE. I drive by this building a lot and I'm pretty sure it doesn't have any subterranean park, or at least I didn't see them shoring that deep.

20171230_135644 on Flickr

The second picture I took in August I believe, when the Canadian fires were making the sun look brilliant. The crane in the photo is for a project near the first one on the 3000 block of NE 130th St, right next to 3021. If memory serves correctly it's just above ground right now, with all the parking concrete poured.

2017-12-19_09-01-10 on Flickr
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From todays DJC.

August 14, 2019

NexGen proposes 70 units for Lake City

Real Estate Editor

Core Properties West, through an LLC, paid $11.2 million in 2016 for an older 68-unit apartment building in Lake City, which it's now renovating. It's also adding nine units.

The sale came with a vacant parcel of land on the northeast corner of the complex, now used for parking. There, at 13531 32nd Ave N.E., prospective buyer NexGen Housing Partners is now proposing a separate new five-story building with 70 units.

Jackson Main is the architect. The corner totals 10,800 square feet.

The new building would have one level of underground parking with 15 stalls. It's listed with a nominal value of $7.4 million.
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From todays DJC.

August 27, 2019

Mercy Housing opens low-income units at Sand Point

The $75 million project converted historic Navy barracks into 148 apartments and service space.

Mercy Housing Northwest recently opened 148 low-income apartments in the converted former Sand Point Naval Air Station barracks on the Magnuson Park campus in Northeast Seattle.

The energy-efficient studio, one-, two- and three-bedroom apartments in Mercy Magnuson Place (formerly Building 9) are open to people making up to 60% of area median income. Rents are $622 to $1,495, the developer said in press materials.

The project has a community room and gathering space in which Mercy Housing offers resident services with an emphasis on health and wellness, out of school time for youth, financial literacy and housing stability.

Bill Rumpf, president of Mercy Housing, said Magnuson Park is ideal for families — near good schools, recreation and job centers.

Building 9, built between 1929 and 1941, housed barracks until 1993. Mercy Housing launched the adaptive reuse and restoration of the 240,000-square-foot historic building in 2017. The low-income housing developer said it hasn't finished the project wrap-up, but the total cost is about $75 million — more expensive than its typical new construction due to specialized historic preservation, extensive remediation and interior demolition and seismic upgrading.

Mercy Housing launched the adaptive reuse and restoration of the 240,000-square-foot building in 2017.
From todays DJC.

December 2, 2019

Pulte plans housing complex near Aurora in North Seattle

Real Estate Editor

Early last year, Quadrant filed a redevelopment plan for the 8.5-acre Puetz Golf property in North Seattle. Quadrant later told the DJC it didn't pencil, and walked away.

Now a new plan by Pulte Homes has been filed at 11762 Aurora Ave. N. It's similar in scope and nature: 134 townhouses, two 52-unit apartment buildings, and about 281 parking stalls in total.

The Puetz family has owned the L-shaped property for about seven decades. It's north of Home Depot and south of the Lincoln Towing yard (where Quadrant has filed a 116-unit townhouse plan, still in design review).

Board & Vellum prepared Pulte's early plan for the main 7.1-acre east site, which would place the two four-story apartment buildings on the north end. That land is set back from Aurora, accessed from an alley (to be improved), and bounded on its east side by a pedestrian trail.

The Puetz family business was founded in 1945, and is now in its third generation.
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From todays DJC.

December 3, 2019

Inland Group proposes to redevelop former Lake City Value Village

The project would have 260 apartments affordable to households earning 60% of area median income.

Real Estate Editor

Inland Group has filed an early redevelopment plan for a former Value Village store in Lake City.

The store, at 12548 Lake City Way N.E., closed in April.

Inland is a prospective buyer for the 1.4-acre property, which is now on the market for $10 million.

The new plan is for a six-story building with 260 units affordable to households earning 60% of area median income.

The 62-year-old building would be removed if the property sells and the plan proceeds. Inland and Olson are currently working on Polaris at Rainier Beach, with 306 affordable units at 9400 Rainier Ave. S.

The redevelopment plan, which hasn't yet entered design review, is labeled Polaris Lake City. The building would have three courtyards. Some retail or commercial space would be likely on Lake City Way. The property extends through the block to 33rd Avenue Northeast, where the underground parking garage would be accessed from a driveway.
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