Apartments Coming To The Neighborhoods

Today’s PI had a cover story on the shortage and high cost of apartments in Seattle, reporting that average rent is at an all-time high of $1071/month. The market is already responding — see my recent post that summed up 3217 new or planned apartment units coming to downtown Seattle. Below are several more that are new, under construction, or in the planning stages out in the neighborhoods.  But even considering the law of supply and demand, it’s seems unlikely that many of these will rent for less than $1071/month.

The Pearl Apartments at 15th and Madison on Capitol Hill; 80 units; Barrientos LLC; designed by Weinstein A/U, who also designed Agnes Lofts, a few blocks West.

AMLI 535, South Lake Union; 199 units; Trammell Crow Residential (sold to AMLI); designed by Weber Thompson (now open).

Alexan Greenlake (Albertson’s site); 205 units; Trammell Crow Residential.

Alexan Ballard on Market St between 15th and 17th Ave; 260 units (in two buildings); Trammel Crow Residential; designed by GGLO.

Park 71 (Vitamilk site), Greenlake; 280 units; Lorig Associates; designed by Hewitt.

Ballard on the Park (QFC Site) 2237 N.W. 58th St., Ballard; 268 units; Security Properties.

Broadstone Ballard, 1139 NW Market St; 163 units; Alliance Residential.

Thornton Place, Northgate; 238 units (plus condos); Lorig Associates; designed by Mithun.

The Chloe, 14th and Union on Capitol Hill, 117 units, designed by Runberg.

2203 East Union, Central District; 93 units; J C Mueller LLC; designed by Mithun.

2051 East Madison, Central District; 105 units; J C Muiller LLC; designed by Mithun.

16 Responses to “Apartments Coming To The Neighborhoods”

  1. Andrew

    even considering the law of supply and demand, it’s seems unlikely that many of these will rent for less than $1071/month.

    Sure, but they’ll push down the rents of housing in town.

  2. Steve

    I thought the Vitamilk site was on hold pending finding a grocery store for the retail space. Have they found a new tenant?

  3. Andrew

    It says 55,000 sq ft of retail which is enough space for a supermarket.

  4. TOD on MLK | hugeasscity

    […] (Also note a few more apartments to add to the list, including 400 units in Harbor Properties’ St. Gobain project in Columbia City, and 730 units in Othello Partners’ two buildings at the Othello Station.) […]

  5. keith

    Here’s hoping that the retail areas at the bottom of The Pearl leases quickly. The corner unit of the neighboring Braeburn (15th and Pine) has sat empty for at least the last year. A “leased by” sign magically appeared a few days ago. My money says it’s a tanning salon but hopefully I’m wrong.

  6. SoDo Mojo Risin | hugeasscity

    […] Depicted in the rendering above is Stadium Lofts, a condo project to be built on top of the the historic Seattle Plumbing Building located between QWEST Field and the 1st Ave Highway 99 on-ramp. First proposed by Nitze-Stagen, the project is now being developed by Barrientos and designed by Weinstein A|U (the second triangular building for this team). The 84-unit building will top out at 100 feet, and is in a area that is currently zoned for 120 feet, with no changes proposed. […]

  7. dan cortland

    Weber Thompson is still taking the Stonehenge model from This Is Spinal Tap as their chief inspiration.

  8. Time Passages (They Grow Up So Fast) | hugeasscity

    […] 12.27.07: 15th and Madison […]

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  15. Brindes

    Very beautifull models, Trammell Crow Residential was my prefered.

    Keep up the good work!

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