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September 12, 2018
The Hong Kong Seafood Restaurant property, at 9400 Rainier Ave. S., isn't publicly listed for sale. However, Cushing Terrell Architects Engineers of Billings, Montana, has filed a redevelopment plan for an unnamed potential buyer.
The old restaurant would be replaced with 348 units of affordable housing in three buildings. Underground parking for an unspecified number of vehicles is indicated.
The two-acre midblock property is on the north side of Rainier, and has been owned by the Hong family for decades.
Current zoning is for structures up to 40 feet, with an upzone to 55 feet likely.
All of the site west of the restaurant is vacant.
CTA has a Seattle office. It sometimes works with Inland Group of Spokane, and the early plan is called “Inland Rainier Beach.”
Inland is currently building the six-story, 249-unit Thai Binh Apartments at 913 S. Jackson St. in the International District, using almost $56 million in public funding. Rents will be restricted for tenants earning less than 60 percent of area median income.
Inland purchased the site on Jackson in early 2017 for $9 million, the same month that financing was announced from the Seattle Office of Housing and Washington State Housing Commission. Nystrom + Olson of Spokane is the architect. Inland is its own general contractor.
Inland develops and builds resorts, student housing, multifamily and senior housing. It currently has senior housing projects underway in Mill Creek, SeaTac, Puyallup and Arlington for Vintage Housing of Newport Beach, California. Also carrying the Vintage brands are future senior housing projects in Sammamish, Vancouver and Arlington.
A decade ago, the Hong Kong restaurant owners floated plans for a new restaurant within a single mixed-use building, but that was stalled by the recession.
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