There’s a wave of new housing coming south of Capitol Hill. 12th and Yesler will be home to around 279 new units.
Projects creating around 550 new homes along 10th and 12th Ave will come in front of the East Design Review Board Wednesday night. All will be built well south of Capitol Hill, part of the massive changes coming around Yesler Terrace.
The 12th and Yesler project from the real estate investors at Northwest Builders Finance could take its final bow in front of the board while Vulcan’s latest project in the neighborhood at 1000 E Yesler returns for its second try before moving onto the final recommendation phase.
Both projects are large though limited by the area’s zoning.
Vulcan’s project designed by Encore Architects is planned as an eight-story, 272-unit apartment complex with no street level commercial space, and underground parking for 170 vehicles. Existing multifamily housing buildings at the site will be demolished. The project has been planned to include affordable workforce housing under the Multifamily Tax Exemption program.
The 12th and Yesler project, meanwhile, will create a seven-story building with 279 units of housing, a mix of live/work units/commercial space at street level — “We have a mix of large and small retail spaces along 12th Avenue and space for a smaller retail space at the east side of the property (10,356 GSF total).” — and underground parking for 134 vehicles.
Designed by the architects at Clark Barnes, the 12th and Yesler project is destined to replace the 1926-built home of Seattle Curtain Manufacturing, one of the oldest businesses in the central city. It’s a good deal for the Capeluto family. King County Records show an agreement was reached in 2017 for the family to sell the property to the developers for an undisclosed price.
Wednesday night’s review could be the new project’s final step in the review process after successfully passing by the board’s early design phase in April.
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