Jul 06, 2023

ULI tours galore!

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Northlake Commons

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Eastrail Flats

Summer means property tours, and our local chapter of the Urban Land Institute is offering a pair of such visits this month and next. First, on July 20, is the Schoolhouse District, over in Woodinville. That phased mixed-use project from MainStreet Property Group has portions both completed and underway; under construction right now is the 207-unit Eastrail Flats. Then, on Aug. 10, you can see the mostly mass timber Northlake Commons, which is rising next to Dunn Lumber (the landowner) and Burke-Gilman Trail. The exterior facade and windows are starting to cover the lovely wooden beams within. The developers are Hess Callahan Partners and Mark Grey of Stephen C. Grey & Associates. Weber Thompson is the architect, and Swinerton the builder. Details and registration: northwest.uli.org.

Cap Hill landmark could be yours

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Acting as its own builder, SRM Development broke ground about a year ago on its two apartment buildings to flank the landmarked Knights of Columbus hall, near the Pike-Pine corridor on Capitol Hill. Runberg Architecture Group is the designer. The 178-unit Gridline apartments, north and west, should be done in the fourth quarter of this year, says SRM. But what about the century-old former fraternal hall in the middle? The over century-old building, with some 29,386 square feet, is now on the market. The listing popped up in recent weeks from Kidder Mathews, with Steve Pelluer as the broker. The building, which is apparently turnkey-ready, could be sold — with an asking price of nearly $10 million — or leased by the right tenant. It's very much a specialty offering, with “two large ballrooms, a full bar, kitchen, bowling alley, former spa and pool area, gymnasium and locker room,” per the listing.