Portfolio

Mark on 8th

Seattle, Washington


Market: Seattle

Type: Multifamily

Role: Developer

Status: Development completed in 2016

Mid-rise apartment community in Seattle’s fast-growing South Lake Union district, a burgeoning technology and life-sciences hub just north of the city’s downtown that has become a sought-after neighborhood.

Property Size

  • 174 rental apartments
  • 4,900 square feet of retail space

Local Population Density

  • 17,600 people/square mile

Highlights

  • A seven-story residential building developed on an assemblage of three sites that had housed two auto body shops and a two-story office building, all of which had been built before 1960.
  • Located three blocks west of Internet retailing giant Amazon.com’s corporate headquarters and six blocks east of both the Seattle Center/Space Needle and the campus of the Bill and Melinda Gates Foundation. One block east is a 12-story office building occupied by Amazon that was completed in 2015.
  • Building design incorporates the former structure at 777 Thomas Street, a city-designated historical landmark.
  • The South Lake Union line of the Seattle Streetcar, which links downtown Seattle with the Fred Hutchinson Cancer Research Center, runs two blocks east of the property, with a stop at Thomas Street.
  • Building amenities include a fitness center, a resident lounge with outdoor terraces atop the historic landmark building, and a rooftop terrace with outdoor barbecues and a landscaped seating area that has direct views of the Space Needle.
  • Neighborhood-serving retail occupies a portion of the ground floor of the historic landmark building, with tenant spaces fronting both Thomas Street and 8th Avenue North.

Sustainability

  • Seeking 3-Star certification, under Built Green Washington’s environmentally responsible building and construction program.

Related Website

 

Walk Score:  95     |    Transit Score:  92     |     Bike Score:  84