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August 31, 2023

Two projects, with 165 units, flip to affordable housing on Beacon Hill

By BRIAN MILLER
Real Estate Editor

Rendering by Weinstein A+U [enlarge]
The west building, on Bayview, also faces 14th Avenue South.

Before the pandemic, and before an 80-unit Beacon Hill apartment project had its master use permit, its corner site sold for $4.2 million to an Opportunity Zone investment fund with a mailing address in Canada. The MUP came a few months later, in late 2019, for 1405 S. Bayview St. ; then came COVID-19, and nothing much happened until this summer.


 
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