Last week, CHS described a new wave of development coming to seemingly fill in the next layer of Capitol Hill density. Then, we found our example on 19th Ave E. This week, CHS has discovered plans for a 6-story development on 14th Ave between Pike and Pine that will continue to expand the waves of redevelopment onto streets other than PIke, Pine, Broadway and Madison.
Like last week’s example, it’s very early in the process on 14th Ave so take it all with a grain of salt but CHS has learned that Madrona Real Estate Investors has begun planning on a mixed-use development that will partially preserve the storefronts that Blue Sky Cleaners, Meza, SPUN Collective and Porchlight Coffee call home and demolish the building housing the much loved 60 Minute Photo neighboring Cascina Spinasse’s building at 14th and Pine. A single family home behind Porchlight will also make way for the development.
According to the early filings, the plan calls for construction of a mixed-use building with “5 1/2″ floors of apartments and parking at street level and underground.
Johnson Architects will design the project.
The firm was also behind the award-winning overhaul of the Broadway Market. CORRECTION: Broadway Market was designed by Johnston Architects. Johnson’s more recent area projects include Trace Lofts and the Packard Building.
With the facade preservation planned in the 14th Ave project, the development may be in line to benefit from the ongoing evolution of the Pike/Pine preservation district’s incentive programs.
Madrona acquired the property including the 1925 converted store fronts in 2008 for $1.5 million according to King County records. The building had served as a printing shop in the past.
As for the potentially displaced businesses, you can likely relax for the near term. Long time readers are probably painfully aware of just how long it can take for these projects to actually dig in. The big difference lately, however, has been that they do, eventually start to dig.