By Kate Snyder
A real estate investment firm that has been active for decades in the Seattle area submitted a new proposal for an affordable mixed-use building in the city’s Lake City region. According to city records, the project would be a seven-story structure with both residential and live/work units available. Bode is the project developer.
The building would be located at 13506 Lake City Way NE, within the Cedar Park neighborhood and blocks away from Lake Washington. The project site, nearly three-quarters of an acre, sits between NE 135th Street to the south and Erickson Place NE to the east. The site is currently developed with a commercial property which would be demolished prior to construction, city records show.
Consisting of approximately 308 residential units, the project would offer a mix of 141 studios, 74 one-, 63 two- and 26 three-bedroom apartments, according to Bode’s website, which details the project. Additionally, four live-work units would be available at street level. Features of the building include a center atrium with a water feature, bicycle storage and a common area. The building’s main entrance is proposed for the southeast corner of the site. Parking is not at this time included in the project.
“In an effort to address the rapidly growing housing demand in the Lake City Neighborhoods, the development can serve as a catalyst for improvements within this northern extent of the Urban Village,” the project website states. “This project is designed to serve the community by creating a residential community of high-quality, enduring design and affordable living.”
According to city records, the project is currently in the early outreach phase of the city’s design review process. Early outreach is a stage focused on satisfying the requirements faced by project developers to begin conversation with community members before proposed designs are complete.
Bode is a real estate investment, development and management company that owns properties and has projects in various stages of development throughout the Puget Sound region, according to the firm’s website. Bode has been based in Seattle since 1990 and has set a goal to develop 25,000 residential units by 2030.
Bode owns more than 20 undeveloped sites, of which seven are currently in the design and permitting stages. For most projects, the firm uses its own in-house team of architects, engineers and drafters, and it acts as its own general contractor.
Among Bode’s projects within the Seattle area is a proposal for a seven-story, 600-unit apartment building in the city’s Bitter Lake neighborhood. That project, called Bitter Lake Apartments, is located at 12220 Aurora Ave. N and would be a redevelopment of the half-block bound by Aurora Ave N., according to The Registry’s previous reporting. The complex would be 450,000 square feet of mixed-use space with 600 residential units and nine live/work units, approximately 357 parking spaces, 483 bike racks and an occupied roof deck.
The firm also recently purchased a 1.5-acre development site in south Seattle for $2.1 million in an all-cash acquisition. Bode has plans to construct a 330-unit residential project at that address, which is 5960 Martin Luther King Jr. Way, S.