January 8, 2021
Real Estate Editor
Rendering by GGLO [enlarge]
Mack Real Estate Group is planning to buy Block 6.1B at Yesler Terrace, which now goes by 821 S. Washington St., and with architect GGLO has applied for a master use permit. The proposed eight-story apartment building would have 200 units and 122 parking stalls on two levels mostly below grade. The plan is proceeding through administrative design review only.
The team now also includes Ecotope, MEP engineer; KPFF, civil; Coughlin Porter Lundeen, structural; Rushing, electrical; JRS Engineering, building envelope; PanGeo, geotechnical engineer; and A3 Acoustics. Exxel Pacific is the contractor. (Editor’s note: This story has been updated to add the contractor.)
The sloping, irregular, 40,120-square-foot site is on the west side of Yesler Terrace, next to the freeway and south of Su Development’s site (Block 6.1). There’s no indication yet as to when the sale might close, but that’ll likely be after a MUP is issued. Seattle Housing Authority’s brokers are Frank Bosl, Jon Hallgrimson, Eli Hanacek and Kyle Yamamoto of CBRE.
Reflecting the property’s odd boundaries, GGLO has articulated the building with an open-book fold, giving it two distinct wings. The lobby will be on the northeast side of the building, facing the new park.
Units will run from studios to two-bedrooms, with a range from about 416 to 1,059 square feet. No retail or commercial space is included. Parking will be accessed from the building’s southeast corner. Tenants will have 163 bike stalls.
An eighth-floor terrace, facing southwest, will have about 4,000 square feet, with various amenities. Rooftop planting and possible solar panels are also indicated.
Total project size, including the parking, is listed at 215,093 square feet. The Mandatory Housing Affordability hasn’t yet been calculated. SHA’s development guidelines have generally required that about 20% of units be affordable.
Mack’s biggest local project is 1001 John St., where a 43-story, 404-unit tower is planned, but doesn’t yet have its MUP. It’s also planning 144 units on the former Car Tender property on Capitol Hill.
Brian Miller can be reached by email at email@example.com or by phone at (206) 219-6517.