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December 2, 2022

$11M land sale clears path for 190 affordable Northgate units

Real Estate Editor

Rendering by Caron Architecture [enlarge]
A childcare center is tentatively programmed for the corner space, at Roosevelt.

The site for a future affordable housing project, at 1000 N.E. Northgate Way, recently sold for a little over $11.1 million, according to King County records. The seller was Ngate 1-2 LLC, which acquired the property in 2015 for almost $3.3 million. That Eastside investor had once contemplated a market-rate apartment project there, but it never advanced.

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