NORTH SEATTLE DEVELOPMENT SITE

Transcription

1 23-UNIT PERMITTED APARTMENT DEVELOPMENT NORTH SEATTLE DEVELOPMENT SITE 1109 N. 92 ND STREET. SEATTLE, WA Drew Smith

2 Property Description Offering This project is shovel-ready! Building and demolition permits have been issued for the development of 23 efficiency dwelling units. The proposed development has an average unit size of 381 square feet and includes common area, on site laundry and rooftop deck. Total gross building size is 12,974 square feet and it will sit on 3,760 square feet of C1-65 zoned property. Site Characteristics Address 1109 N. 92 nd St. City, State Seattle, WA Price $1,450,000 Price / SF (Land) $385 Price / Unit $63,043 Parcel No Lot SF 3,760 SF Acres 0.09 Acres Zoning C1-65 Overlay Aurora-Licton Springs Urban Village This location in North Seattle features close proximity to Highway 99 and I-5, Greenwood Avenue North and just a few blocks from North Seattle Community College and Licton Springs Park, which is ideal for affordable apartment living. Development Overview DPD Permit Project # Unit Count 23 Efficiency Dwelling Units Avg. Unit Size 381 SF Total Building Size 12,974 SF Gross Area Amenities Common area, laundry area & rooftop deck Parking None 2 Urban Commercial Partners

3 Renderings WEST ELEVATION NORTH ELEVATION SOUTH ELEVATION EAST ELEVATION 3 Urban Commercial Partners

4 Location & Neighborhood Tenant Base The building owner will enjoy a strong tenant base of North Seattle Community College students, Amazon employees and Greater Seattle professionals. Activities The Greenwood & Licton Springs communities offer many restaurants, parks and easy transportation to Downtown Seattle, Northgate Mall and Green Lake. SUBJECT PROPERTY Neighborhood This community has seen new development in homes, townhomes, community and commercial spaces to better suit the neighborhood s growing population. 4 Urban Commercial Partners

5 Transportation Bike Quickly navigate to Green Lake, Northgate Mall, Seattle Community College and Downtown. The area has also welcomed new additions to the bike-share programs SUBJECT PROPERTY Bus Parks, schools, restaurants and shopping centers are located along major transit routes. Car This community has seen tremendous growth over the years and new development in homes, townhomes, community and commercial spaces continues today. 5 Urban Commercial Partners Bus Lines Street Car Line Light Rail Line Future Light Rail Line LEGEND

6 Trip Radius Walking 15 minutes will get you to Seattle Community College, local parks, grocery stores and restaurants Bike 30 minutes or less will get you to Northgate Mall, Green Lake, Ballard Neighborhood and South Lake Union Bus 30 minutes or less will get you to Shoreline, Amazon Campus, South Lake Union and Downtown Seattle. Car 30 minutes will get you as far North as Everett, East as Redmon and South as SeaTac 6 Urban Commercial Partners

7 Area View SUBJECT PROPERTY 7 Urban Commercial Partners

8 Neighborhood View NORTHGATE TRANSIT CENTER NORTHGATE MALL NORTH SEATTLE COMMUNITY COLLEGE SUBJECT PROPERTY 8 Urban Commercial Partners