homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


print  email to a friend  reprints add to mydjc  

April 21, 2015

Gerding Edlen picked for Capitol Hill TOD

By JOURNAL STAFF

Sound Transit said Gerding Edlen has the highest-ranked proposal for new development around the Capitol Hill light rail station.

The Portland-based firm proposed as a master developer, meaning it wanted to develop all four sites around the station. The sites are on or near Broadway, between East John Street and Seattle Central College.

On Thursday, Sound Transit’s Board of Directors is expected to discuss and possibly approve a contract with Gerding Edlen.

Gerding Edlen proposes 418 apartments in four buildings, with 38 percent of the units offered at below-market rent for 12 years. The proposal calls for 86 units to be permanent affordable housing.

About a third of the units would have at least two bedrooms.

Gerding Edlen also would build an open space and sign a long term lease with Broadway Farmers Market. There would be a community center and a daycare with subsidies for low-income residents.

Schemata Workshop is the architect and Howard S. Wright Cos. is the general contractor. Other team members are Berger Partnership and Hewitt.

A May 16 community meeting with the developer has been scheduled by Sound Transit and Capitol Hill Champion.




Email or user name:
Password:
 
Forgot password? Click here.