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December 12, 2008

Yesler Terrace plan calls for a big boost in density on the site

Journal Real Estate Editor

The Seattle Housing Authority has released a conceptual plan for redeveloping the Yesler Terrace housing project on First Hill that calls for up to 5,000 new housing units and 1.5 million square feet of office space and 250,000 square feet of retail. Between five and eight acres would become parks and open space.

The plan, developed by CollinsWoerman with the SHA, will be tweaked with input from a Citizen's Review Committee appointed by SHA over the next several months, according to Communications Director Virginia Felton.

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