February 9, 2024

Aegis prepares to open 136 units near U Village

Real Estate Editor


Photo by Brian Miller [enlarge]

The project is one of two that Aegis will officially open this spring.

A city-issued certificate of occupancy came late last month for Aegis Living Laurelhurst, at 3200 N.E. 45th St. That’s at the Five Corners intersection, a little east of University Village, where the former home to Baskin-Robbins and other small businesses was redeveloped.

The site is immediately south of the Burke-Gilman Trail.

Exxel Pacific broke ground in the summer of 2021 on the six-story, 136-unit project, which Ankrom Moisan designed in a campus Gothic style intended to remind future residents of the nearby University of Washington.

Aegis hasn’t announced a hard opening date, but its marketing website targets this spring. Reservations are now being accepted, and banners adorn the building to encourage future residents. Pricing, which includes varying fees for different levels of assisted living support or memory care, is complicated. Units range from studios to two-bedrooms and companion suites.

The roughly 148,000-square-foot project also includes 63 underground parking stalls and one of Aegis’ signature Queen Bee cafes — which are always open to the public.

The team also included Coffman Engineers, structural; Fazio Assoc., landscape architect; Navix, civil engineer; HWA Geosciences, geotechnical engineer; Evergreen Refrigeration, HVAC; Ground Support, shoring; Emerald City Engineers, plumbing; Safe Consulting Services, electrical engineer; and PNC Bank, which provided an over $72 million construction loan.

Meanwhile, the 92-unit Aegis Living Ballard received its certificate of occupancy in November. The marketing effort has begun there, too, with the soft opening set for this spring. That project, at 943 N.W. Market St., was designed by Dahlin Group, and built by Ryan Cos.

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