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February 2, 2023
Following a $4.6 million land deal this week at 2123 18th Ave. S. on Beacon Hill, StoryBuilt is planning a 44-unit townhouse project it calls Sumie. It'll replace one house on a full block on the north end of the hill. The developer and builder hopes to break ground this summer, with completion in 2025. The firm's Patrick Cobb said in a statement, “We believe this is a great site because of the big east-facing views, the walkability to light rail, shops and restaurants, and the shared community spaces. Beacon Hill is a vibrant urban neighborhood with excellent parks and access to downtown Seattle.” Units will range from one- to three-bedroom townhouses, with prices likely to start in the low $500,000s, then range up to $1 million or so. The developer is meanwhile nearing a master use permit on its 197-unit Josephine in Columbia City.