Rainier Valley
Mercy Housing Northwest, El Centro de la Raza Break Ground on $170MM, 400-Unit Affordable Project at Seattle’s Mount Baker Station
Construction is underway on the first 239 apartments of a 400-unit, $170 million affordable housing redevelopment on the former University of Washington laundry...
Eaton Vance Affiliate Pays $87.3MM for 359-Unit Assembly118 Apartments at Seattle’s Othello Station
An entity affiliated with Eaton Vance’s Real Estate Investment Group has bought a 359-unit apartment building next to Seattle’s Othello light rail station...
Nitze-Stagen Lands Up to $97.5MM Prime Finance Bridge Loan on 396-Unit 900 Rainier, 59,000 SQFT Historic Office in Seattle
Nitze-Stagen's O.Z. Navigator venture has tied its newly opened 396-unit 900 Rainier apartments and the century-old 1130 Rainier office building in Central Seattle...
Nitze-Stagen Opens Leasing at 193-Unit, Amazon-Backed Trace 4001 Near Seattle’s Othello Station
Financed with a $19.1 million Amazon Housing Equity Fund loan, a Forbright Bank construction loan and equity from local impact investors, the eight-story...
Fully Permitted 111-Unit Development Site Hits Market in Columbia City
As Seattle's multifamily deliveries fell 53 percent year over year, a triangular Rainier Avenue South parcel entitled for 111 units and ground-floor retail...
Demolition Begins on 438-Unit Affordable Housing Project Near Mount Baker Station
Demolition crews have started clearing the north parcel of Seattle's long-planned Mount Baker Redevelopment Sites, marking the first visible construction activity on a...
Tubman Health Center Clears Seattle MUP, Lands Lydig for 26,000 SQFT, $42MM Rainier Beach Clinic as Campaign Hits 80 Percent
The Tubman Center for Health & Freedom has cleared the City of Seattle's land-use review for its 26,000-square-foot Rainier Beach clinic, named Lydig...
Seattle’s Nitze-Stagen Abandons New Office Bets, Doubles Down on Multifamily as Downtown Vacancy Hits 35.1%
Nitze-Stagen & Co., the contrarian Seattle developer that built its name buying office property no one else wanted, has stopped chasing new office...
Sound Transit Board Greenlights $34.5B ST3 Reset, Leaving Ballard Link in Limbo
A 16-2 vote prioritizes West Seattle and resurrects the Graham Street station, but the long-promised extension to Market Street remains unfunded as the...
Seattle Mayor Wilson, King County Executive Zahilay Push to Secure Graham Street Station in ST3 Plan
Seattle and King County leaders are betting a last-minute funding amendment can end 27 years of broken promises for a Rainier Valley transit...
91-Unit Alt Flats in Seattle’s Capitol Hill Listed for Sale as New-Construction Multifamily Asset
The 2024-built property at 421 Belmont Ave. E has reached 95 percent occupancy and features a diverse unit mix across nine floors in...
Groundbreaking on Seattle Public Schools’ $225MM Aki Kurose Middle School Renovation Set for Summer
The two-year modernization and expansion project in the Hillman City neighborhood will demolish 25,000 square feet and add a new 65,000-square-foot classroom wing,...
