Construction to start this spring on 150-unit apartment in WallingfordNK Architects rendering
Mack Urban plans to start building this 150-unit apartment project in April in Seattle’s Wallingford area, the company said Tuesday. The project is at 1321 N. 45th St., three blocks west of Wallingford’s commercial core.
Officials at Seattle real estate developer Mack Urban said Tuesday they will start building a large apartment and retail project in the Wallingford area of Seattle in April.
The 150-unit project joins a growing list of big apartment and office projects in the Wallingford/Greenlake area. There are nearly 3,700 apartment units in this submarket currently, but over the next two years developers plan to add 2,360 more, according to Dupre + Scott, a Seattle company that tracks the multifamily housing market.
The Mack Urban project is at 1321 N. 45th St., three blocks west of the heart of the Wallingford business district. The company hopes to capitalize on the character of the neighborhood, which has locally owned shops and restaurants. “We are excited to create new homes in the midst of this beloved community,” Mack Urban Managing Director Jim Atkins said in a statement.
Only about 1.7 percent of the apartments in Wallingford/Greenlake are vacant, and average rents rose 14 percent over the past two years, according to Dupre + Scott. At the end of 2013, the average apartment rent was $2.04 per square foot.
Mack Urban’s is a market-rate project with high-end finishes. Rents have not yet been set.
Demand for apartments in Wallingford is expected to remain high, due in large part toAmazon.com’s aggressive expansion plans in nearby downtown Seattle, where the company is projected to have around 8.5 million square feet of office space. That would be enough room for roughly 40,000 employees.
In addition, Wallingford is near the University of Washington’s main campus, where around 43,750 students are enrolled, and the Fremont area, where Google and Tableau Softwarehave offices. Tableau plans to expand in Fremont.
Mack Urban’s four-story project will have studio, one- and two-bedroom units, 152 stalls of underground parking and three retails spaces around a patio.
Exxel Pacific is the general contractor on the project, which is scheduled to be completed in July 2015.
Marc Stiles covers commercial real estate and government for the Puget Sound Business Journal.
Amber Alert issued after mother flees with 2 children
Mill Creek police have issued an Amber Alert after 25-year-old Sajza Henry fled her home with her 2-year-old son Tyrel and 8-month-old daughter Alexandria. She is believed to be driving a burgundy colored 1997 Land Rover with Washington license plate 708VZU.
Department of Social Health Services alerted police after Sajza and the children left their home in the 2600 block of 143rd Place SE in Mill Creek.
Police say there is serious concern for the health and welfare of Sajza Henry and her two children after she was diagnosed with several untreated mental health conditions and is not allowed to be the sole caretaker of her children.
Her 2-year-old son Tyrel also has a medical condition that requires 24-hour nursing care.
Police believe Sajza Henry may be traveling to a male friend’s house, but the location is unknown.
Sajza Henry is described as a black female, 5′3″ tall with brown eyes and black hair. She has a tattoo on her right wrist and was last seen wearing a red top, red pants and white sweater.
Two-year-old Tyrel Henry is described as a multi-racial male, 2′ tall with black hair and around 25 lbs. He has a tacheotomy and is on a ventilator and needs medical care. He was wearing blue footy PJs.
Eight-month-old Alexandria Henry is described as a black female, 18 ” tall with black hair and weighing 18 pounds. She was wearing black with pink footy PJs.
Anyone who sees Sajza Henry or her vehicle or knows information about the family’s whereabouts is asked to call 911 or the Mill Creek police tip line at 425-774-2503.
More to follow.