December 6, 2018
AMWA Development, Inc. closed financing and will start construction on Cedar Pointe, a 255-unit affordable senior apartment development in Arlington, WA. Located at 3905 172nd Street NE in the Smokey Point neighborhood, the luxury 55+ community is being constructed on a 4.05-acre site roughly 45 miles north of Seattle.
Plans include a single, four-story elevator building, with 175 one-bedroom units and 80 two-bedroom units, including a one-bedroom manager’s unit. All units will be affordable to seniors earning 60% of the area median income. Interior community spaces will include a leasing office, community room, media room, exercise room, two private dining rooms, and a business center.
The community, which will be managed by FPI Management, Inc,. is set to be completed in August 2020.
AMWA Development is an independently-owned and operated affiliate of AMCAL.
For comments, questions or concerns, please contact Dennis Kaiser