Demolition is nearing for a quartet of increasingly vacant old buildings at 3831 Stone Way N. , where Prometheus Real Estate recently secured its master use permit for a new apartment project. Designed by MG2 and Jones Architecture, of Portland, the seven-story building will have 230 units, underground parking and a modest amount of retail space.
Prometheus Real Estate has two Fremont apartment projects nearing their master use permits, working with identical parties on both proposals, west and east. Prometheus owns both sites.
Working together, as they are on two Fremont apartment projects, Prometheus Real Estate Group and local shop SeaLevel Properties have everything they need to start work at 1013 E. Republican St.
The next design review for a 231-unit Fremont apartment project will tentatively be next month.
Prometheus Real Estate has two significant Fremont apartment projects, both on sites it already owns. The west site, smack in the heart of the neighborhood center, will replace the old Harvey Family Funeral Home, at 508 N. 36th St.
SEATTLE — Prometheus Real Estate paid $20 million last fall for the Harvey Family Funeral Home property in Fremont. Now there’s a more detailed plan for the anticipated new apartment building at 508 N. 36th St.
Architect MG2’s recent city filings indicate eight stories and 170 units.
Sealevel and Gracorp took home an award selecting Waterfront Place Apartments for “the best multifamily residential suburban project over 100 units” at NAIOP’s annual “Night of the Stars” gala on Friday, November 4, 2022. NAIOP is the Washington chapter of the commercial real estate trade group.
This is an exciting win for everyone and another validation for the success of Waterfront Place Apartments, a multi-family community on the Everett Waterfront.
“We are very saddened to learn of the fire that occurred at our Waterfront Place Apartments development in Everett. We are incredibly thankful for the firefighters who battled the blaze. We will fully cooperate with all relevant authorities to determine the cause of the fire.”
– SeaLevel Properties
Capitol Hill has seen eight-story apartment buildings spring up before but a planned development kitty corner to Broadway Hill Park will need a little extra push to rise on the edges of the dense Broadway corridor where the blocks remain a mix of larger old apartment buildings, duplexes, and single family homes.
Thursday, developers from Sealevel Properties will hold a community outreach meeting at the Century Ballroom to talk with neighbors about their plans for the eight-story apartment building with 150 or so units, and three parking spots planned to rise at the corner of Federal and Republican.
Grouparchictect will be handling the design on the project. Sealevel is also the developer behind the Union Street Apartments, a seven-story, mixed-use apartment building designed to “echo” Pike/Pine’s auto row era under construction across from Optimism Brewing.
Thursday’s meeting is not the start of formal design review for the project. That remains unscheduled but the project outreach is part of the city’s new procedures hoped to give neighbors and the community an opportunity to shape projects earlier in the development process. The new outreach meetings come at a time when overall development across the Hill has slowed down. Attendance at the sessions, which are organized by the developer, not the city, has typically been on the light side of things. Thursday’s session was promoted by utility pole flyers in the area of the planned development.
Sealevel’s plans call for the new “workforce” housing project to be 155 units in a mix of microhousing and full apartments. The corner falls within an area upzoned from seven to eight story heights as part of Seattle’s Mandatory Housing Affordability laws. Affordable housing requirements apply to developments in this zone meaning Sealevel will either have to set aside a percentage of the units as affordable housing, or pay into a fund that the city will use to build some.
Adding to the appeal of the area — and, likely, the challenges for the developer — the planned building will rise across the intersection from Broadway Hill Park. The rare new city park on Capitol Hill opened at the corner in 2016. Seattle Parks acquired the land at the northeast corner for Federal and Republican in 2010 for $2 million after a townhome project slated for the property fell through.
The northeast corner properties and the old houses on them are in the process of being purchased by the developer. They include two 1904-built single-story houses, and a 1908 house currently used as a duplex.
Meanwhile, the planned eight-story addition to the neighborhood won’t be the only large mixed-use building near the park. The three-story Wakefield Manor has stood on the southeast corner of Federal and Republican since 1958. The neighbors in its 18 units can look forward to an even denser neighborhood when the new development is completed, likely in 2021 at the earliest.
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The 266-unit Waterfront Place Apartments took another step toward reality on Wednesday.
EVERETT — Bob and Vicki Temple want to be among the first people to call the Everett waterfront home.
On Wednesday, they witnessed developers, port officials and city leaders dig shovels into a pile of dirt for the ceremonial groundbreaking of the 266-unit Waterfront Place Apartments.
SeaLevel Properties Director John Shaw said a “new era” was coming to the port.
For those gathered, the event served as a visual cue: After two decades of planning and talking and unexpected challenges, the port’s first housing project is becoming a reality.
In fact, construction workers have been working on the 5.44 acre patch of land since mid-September.
“I know many people had doubts we’d ever be here,” said port CEO Lisa Lefeber. “We’re here today. It’s happening.”
SeaLevel Properties, a division of Mercer Island-based American Classic Homes, purchased the property at 1300 West Marine View Drive last year for $7 million. The two-building complex will include studio and one-to-three-bedroom units.
The apartments are part of the port’s 65-acre Waterfront Place Central redevelopment project that includes shops, restaurants, walking trails and the 142-room Hotel Indigo, which opened earlier this fall.
Port officials expect the redevelopment to create 2,100 jobs and generate $8.6 million each year in state and local sales taxes.
It’s a change of direction for a waterfront known more for industry than tourism and public amenities.
“We’re standing in the epicenter of what was Everett’s milltown and industrial core,” said Port Commissioner Glen Bachman. “… It’s now become the hub of revitalization for all of Everett.”
The Temples said they want to nab a one-bedroom apartment at Waterfront Place Apartments. They’ve been talking about downsizing from their Silver Lake house for a couple of years now.
“We just want to have a place that’s beautiful and that we enjoy,” Vicki Temple said.
Bob Temple said he looks forward to waking up to the sea and the mountains every morning. He grew up in a similar setting, he said, at his parents’ house in Richmond Beach.
“Something draws you in,” he said.
Waterfront Place Apartments is set to open in the spring of 2021.