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June 21, 2019

Gracorp to show early plans for 2 U District apartment projects

  • The current proposal is for 162 units, but a possible upzone could push the number higher.
    Real Estate Editor

    Rendering by Nieman Taber [enlarge]
    For now, the building at 5251 University Way N.E. would have six stories and 88 units.

    Last fall, Gracorp Capital Advisors of Vancouver, B.C. paid about $7.4 million for two development sites on University Way Northeast, aka The Ave. Now, using architect Nieman Taber, it'll show early plans for both sites at 6:30 and 8 p.m. Monday at Good Shepherd Center, 4649 Sunnyside Ave. N.

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