May 5, 2020
Seattle-based Trent Development, Hatteras Sky and Bridge Investment Group plan to develop a mixed-use apartment project in a Seattle Opportunity Zone at 12th Avenue and East Yesler Way. The nearly 1.1-acre site was acquired from Centric Partners LLC for $20 million.
The project will feature 274 units and more than 8,100 square feet of ground floor retail, which will be programmed as a commissary kitchen for the food truck industry, as well as pop up food service opportunities.
Hatteras Sky’s Oz Friedmann says, “12th Avenue and Yesler sits on a prominent transit corridor near downtown Seattle, next to existing employment centers as well as lively shopping, dining and entertainment centers at the nexus of First Hill and the International District, making this a very attractive development opportunity.”
Plans include a rooftop terrace, pet spa, fitness center, co-working spaces and resident lounge. Development on the MXU is scheduled to commence this summer. The property was the longtime home of Seattle Curtain Manufacturing Co.
For comments, questions or concerns, please contact Dennis Kaiser