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February 26, 2020

Nitze-Stagen pays $30M for development site on Rainier

Real Estate Editor

Photo by Brian Miller [enlarge]
The landmarked Black Manufacturing Building at 1130 Rainier Ave. S. sits just south of a proposed 396-unit workforce apartment complex on a 1.5-acre site. The apartments could begin construction late next year.

As the DJC first reported last September, OZ Navigator LLC has been eyeing the landmarked former Black Manufacturing Building, at 1130 Rainier Ave. S., for purchase and redevelopment.

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