INVESTMENT OVERVIEW:
NORTHGATE 100 is a NE Seattle proposed project in the application phase
SDCI # 004159-21 PA. Currently presented as 80 units+ 2 retail stores at ground level.
However, it is still early in the permit and design process where unit mix and traffic
study report can significantly mitigate parking requirements. Hence, the project could
become a 90 unit building with 75 parking spaces.

Construction is designed to reduce expensive excavation to a minimal. Underground
parking on west side of project and a double stacker parking system on the east side.
Both regular shaped lots combined just under 18,929 SF of coveted NC2-55 (M) zoning.
A high profile, cutting edge parking system, modular built, mid-rise, mixed-use
apartment building is the perfect project for you now.

DEVELOPMENT OVERVIEW:
The project is located between Pinehurst Way NE and 15th Ave NE in Seattle, WA.
The project will consist of (1) building with site improvements and access connections to the parking and building entries to the public right of way. Building area is still to
be determined, with the total buildable area estimated at approx. 84,900sf
(partial below grade+ podium+ modular).
The design intent consists of 2 levels of site-built Type IA partially below and above grade parking with 5 levels of prefabricated modular Type IIIA modular construction above. Approx. 80 units are anticipated with a mix of studio, 1-bedroom and 2-bedroom units, including a top of podium courtyards and amenity spaces. A parking stacker system will be utilized to achieve the needed residential parking quantities. Street front
retail/commercial will be located along Pinehurst Way, as allowed.

Properties combined are grossing $13K a month NNN style. Fantastic opportunity for retail, office business and land bank for development strike.

If interested call or text 206-245-0159

Email at viccipe@gmail.com 

Visit us at www.victorylanebrokerage.com