80 Percent of Available Everett Waterfront Apartments Already Reserved
SeaLevel Properties recently hosted an open house showcasing the company’s newest multifamily development, Everett Waterfront Apartments. The event was attended by about 100 people and resulted in 80% of the available units being reserved. The development is set to be complete in 2020.
The 266-unit building includes studios, and one-, two- and three-bedroom units in a four-story structure.
The apartments, at 1300 West Marine View Drive, are in the Port of Everett’s 65-acre Waterfront Place Central development. The development includes $85M in infrastructure improvements that will include additional roadway access, new pubic spaces and a new marine structure at Fisherman’s Harbor. The marine structure will include a new public dock.
The Waterfront Place Central mixed-use development will include new trails and regional parks, as well as public gathering spaces, a total of 660 housing units, Hotel Indigo and many dining options. It will also have retail and marine sales.
The Port of Everett expects the project to support 2,000 jobs and generate $8.6M in new tax revenue, according to the release.
“The public response to this housing opening is consistent with the interest we have heard from the community since the project began,” Port of Everett acting CEO Lisa Lefeber said in a statement. “There is a tremendous demand and desire to live on the Everett waterfront and we can’t wait until construction is underway and life is brought to Fisherman’s Harbor at Waterfront Place.”
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Early Interest High in New Apartments on Everett Waterfront
Word in from Sealevel Properties that lots of people are showing interest in being the first to live in new apartments planned at the Port of Everett’s Waterfront Place Central. Here’s more.
Local multi-family builder SeaLevel Properties revealed strong demand for its new Everett Waterfront Apartments, with 80 percent of available units offered in the company’s first release event now spoken for.
More than 100 people attended the project’s early release event last week for its first of two multifamily apartment buildings, located at 1300 W. Marine View Drive in the Port of Everett’s 65-acre Waterfront Place Central development. Slated for completion in 2020, the building is comprised of 266 studio, one-, two- and three-bedroom homes in two distinct, yet connected four-story buildings.
“We were hoping for strong interest in these buildings—and last week’s interest far exceeded our expectations,” said SeaLevel Properties Director John Shaw. “The turnout was overwhelming and confirms our instincts that there is indeed very high demand for high quality waterfront living in Everett.”
“The public response to this housing opening is consistent with the interest we have heard from the community since the project began,” Port of Everett Acting CEO Lisa Lefeber said. “There is a tremendous demand and desire to live on the Everett waterfront and we can’t wait until construction is underway and life is brought to Fisherman’s Harbor at Waterfront Place.”
“I’ve been involved with scores of multifamily developments over the years, but I have never seen such excitement for a new project – especially one that is almost two years from completion,” said Mike Simons, Executive Vice President of Allied Residential.
During the event, SeaLevel Properties opened 25 percent of the North Tower, which features 34 units including studios, one-bedroom and two-bedroom homes. Given strong interest, a second release is likely. For those interested in joining the project’s VIP list, visit www.everettwaterfrontapartments.com.
With construction anticipated in early 2019, SeaLevel’s apartment homes at Fisherman’s Harbor are designed to reflect three unique waterfront experiences: a marine/water-inspired experience in the Southern Building, and an industrial/timber-inspired experience in the Northern Building.
The design includes a combination of contemporary urban design and rugged urban materials that pay tribute to the natural resources of timber, steel and water on the Puget Sound. The project will also maximize the Port’s infrastructure features and pedestrian patterns, with lobbies to activate streets and a lively and attractive public realm.
The Port continues its $85 million public infrastructure investment this year by building additional roadway access, constructing new public spaces to connect with the new Pacific Rim Plaza and Splash Fountain, and building new marine infrastructure at Fisherman’s Harbor, including a new guest dock that doubles as a public dock walk.
At full build out, the Waterfront Place Central mixed-use development will include new trails and regional parks together with public gathering spaces, up to 660 housing units, Hotel Indigo, a business and lifestyle waterfront hotel, fine and casual dining restaurants and commercial, retail and marine sales and services. The project includes five (5) districts: Fisherman’s Harbor, the Millwright District, the Esplanade District, Wharf’s Edge and the Craftsman District. The Craftsman District was completed as part of the Port’s development of a boatyard in 2009, and Fisherman’s Harbor is the first phase of the mixed-use project to proceed.
The entire project will support more than 2,000 jobs and $8.6 million in new tax revenue to state and local governments. Hotel Indigo, a 142-room business and lifestyle hotel broke ground in March and has gone vertical in the last weeks. They expect to be open mid-2019 and will feature full amenities, a 150-seat restaurant and a 5,000-sq. ft. conference and event space.
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SeaLevel Plans 266 Units in Everett
SeaLevel Properties is planning 266 units as part of the Port of Everett’s 65-acre Waterfront Place Central redevelopment. They’re scheduled for completion in 2020. A recent marketing event attracted 100 people, SeaLevel reports. Construction of the two-building complex is expected to begin next year. Everett Waterfront Apartments will be in the Fisherman’s Harbor district of Waterfront Place Central.
SeaLevel’s John Shaw said in a statement that the turnout “confirms our instincts that there is indeed very high demand for high quality waterfront living in Everett.” Rents have not yet been set. Units will range from studios to three-bedrooms. Waterfront Place Central will have about 660 housing units, the Hotel Indigo (which broke ground in March), restaurants, and 662,000 square feet of commercial, retail and marine sales and services.
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Port, developer finalize terms for 266 waterfront apartments
EVERETT — SeaLevel Properties said Monday it’s finalized a $7 million deal to buy 5.44 acres of the Port of Everett’s 65-acre Waterfront Place Central development, where the company will build two four-story buildings with 266 apartments. SeaLevel is the multi-family division of American Classic Homes based in Mercer Island.
“This is a historic transaction for the Port of Everett,” said the port’s acting chief executive, Lisa Lefeber. “This property sale allows housing on the waterfront for the first time in Everett’s history.
Lefeber said the new housing should attract more people and more businesses.
The apartment project at 1300 W. Marine View Drive is to include a mix of studio, one-bedroom and two-bedroom units ranging from 750 square feet to 1,400 square feet. The area in the Fisherman’s Harbor District is the part of Waterfront Place closest to West View Marine Drive.
SeaLevel Properties and the port agreed in principal to the deal in 2016. Construction is expected to begin this fall and is slated for completion in 2020.
“We’re thrilled to acquire this prime development site within Everett’s Waterfront Place redevelopment,” said John Shaw, SeaLevel Properties director.
The two buildings will be “distinct but connected” and reflect three waterfront scapes, according to a news release — “a marine-water inspired experience, an industrial-inspired experience and a timber-inspired experience.”
When fully built out, the port’s Waterfront Place Central, a mixed-use development, is to include trails and parks; retail, restaurant and commercial space; and up to 660 housing units.
Source: https://www.heraldnet.com/business/port-developer-finalize-terms-for-266-waterfront-apartments/
SeaLevel Properties, Port of Everett Finalize 5.44-Acre Sale in Much Anticipated Waterfront Place Development Project
SeaLevel Properties (www.sealevelproperties.com) and the Port of Everett closed their deal for a 5.44 acre site within the Port’s Waterfront Place Central mixed-use development to make way for new waterfront apartment homes (www.EverettWaterfrontApartments.com). Construction is expected to begin later this year.
Located at 1300 W. Marine View Drive in the Port’s 65-acre Waterfront Place Central project, the 266-unit housing project will feature a mix of studio-, one-, two- and three-bedroom homes ranging from 750 sq. ft. to 1,400 sq. ft. in two distinct, yet connected 4-story buildings.
“We’re thrilled to acquire this prime development site within Everett’s Waterfront Place redevelopment,” said SeaLevel Properties Director John Shaw. “We anticipate strong demand for these homes and look forward to setting a high bar for residential design in Fisherman’s Harbor and Waterfront Place.”
“This is a historic transaction for the Port of Everett,” Port of Everett Acting CEO Lisa Lefeber said. “This property sale allows housing on the waterfront for the first time in Everett’s history, and creates the population necessary to support a vibrant Waterfront Place project. I want to thank Sealevel for believing in the vision of Fisherman’s Harbor and the Port of Everett staff for pulling this complicated transaction together.”
With completion slated for 2020, SeaLevel’s apartment homes at Fisherman’s Harbor are designed to reflect three unique waterfront experiences: a marine/water-inspired experience, an industrial-inspired experience, and a timber-inspired experience.
The design includes a combination of contemporary urban design and rugged urban materials that pay tribute to the natural resources of timber, steel and water on the Puget Sound. The project will also maximize the Port’s infrastructure features and pedestrian patterns, with lobbies to activate streets and a lively and attractive public realm.
The Port continues its $85 million public infrastructure investment this year by building additional roadway access, constructing new public spaces to connect with the new Pacific Rim Plaza and Splash Fountain, and building new marine infrastructure at Fisherman’s Harbor, including a new guest dock that doubles as a public dock walk.
At full build out, the Waterfront Place Central mixed-use development will include new trails and regional parks together with public gathering spaces, up to 660 housing units, Hotel Indigo, a business and lifestyle waterfront hotel, fine and casual dining restaurants and commercial, retail and marine sales and services. The project includes five (5) districts: Fisherman’s Harbor, the Millwright District, the Esplanade District, Wharf’s Edge and the Craftsman District. The Craftsman District was completed as part of the Port’s development of a boatyard in 2009, and Fisherman’s Harbor is the first phase of the mixed-use project to proceed. The entire project will support more than 2,000 jobs and $8.6 million in new tax revenue to state and local governments. Hotel Indigo, a 142-room business and lifestyle hotel broke ground in March and has gone vertical in the last weeks. They expect to be open mid-2019 and will feature full amenities, a 150-seat restaurant and a 5,000-sq. ft. conference and event space.
Media Contact for SeaLevel
Natalie Quick
206-779-0489 or natalie@nataliequick.com
Media Contact for Port of Everett
Catherine Soper
425-388-0680 or catherines@portofeverett.com
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About SeaLevel Properties. SeaLevel Properties is a local, family-owned builder, focusing on multi-family development. Taking great pride in its reputation for superior quality, attention to detail, and thoughtful development with community in mind, SeaLevel maintains a collaborative approach on all projects. SeaLevel Properties entered the multi-family development market in early 2016, and has quickly developed a presence in the Puget Sound area with more than 600 units currently under development. http://sealevelproperties.com. As a locally-focused firm led by local real estate experts John Shaw and Kyle Weeks, SeaLevel Properties officially launched in 2016 and has multiple multi-family projects under development throughout the Puget Sound region. Recently, SeaLevel Properties broke ground on a five-story, 64-unit, 20,000 sq. ft. project targeting students in the University District. The Vale Apartments, a five-story, 110-unit apartment building located in charming downtown Issaquah, broke ground in August 2017. SeaLevel Properties is also constructing a 59-unit, 32,000 sq. ft. apartment building located in the heart of the Pike/Pike Corridor in Seattle’s Capitol Hill neighborhood, which will break ground in late 2018. SeaLevel Properties’ SAMM Apartments (www.LiveAtSAMM.com), a new 132,000 sq. ft. multi-family building located within the Sammamish Town Center in Sammamish, Wash. is also more than 95 percent leased since opening in mid-August 2017.
About the Port of Everett
The Port of Everett is a special purpose district tasked with economic development. Through operation of international shipping terminals, the largest public marina on the West Coast and real estate development ventures, the Port of Everett supports more than 35,000 jobs in the region and contributes $373 million to state and local taxes. The Port is also a committed steward of the environment and provides ample waterfront public access. The year 2018 marks the Port of Everett’s centennial year. As the Port reflects on its first 100 years, it’s also making major investments to prepare for the future. The Port is moving forward with key Strategic Capital Initiatives that will shape its next 100 years including modernizing its Seaport facilities to prepare for the next generation of cargo with its $36 million South Terminal Modernization project – the largest maritime construction project on the West Coast today. The Port is also creating a new waterfront community where people can live, work and play with its 65-acre mixed-use Waterfront Place Central Development. Additionally, the Port is investing in its marine infrastructure to support the Marina of the future, and is in final phases of developing its Riverside Business Park into a light industrial manufacturing hub.
Source: http://www.portofeverett.com/Home/Components/News/News/3584/263
