(digital version of the rendering substituted Thurs. morning for photo taken Wed. nite)
From the Fairmount Community Association meeting at The Mount tonight: Harbor Properties unveiled that updated rendering of its apartment/retail project Link, while announcing it’s obtained financing, with construction likely to start at the 38th/Alaska site by mid-November. Link includes 200 apartments and 14,000 square feet of retail; Harbor executive vice president Denny Onslow told the 30-plus Fairmount attendees that they haven’t signed up any retail tenants yet but are open to ideas; The north side of the building (left side of the rendering) suggests ground-floor cafe space; the building has some ground-floor housing on both the 38th SW and alley sides – “We want to put some activity into the alley,” says Onslow. He adds that construction should take about 17 months “and that’s really fast.” The contractor, Exxel Pacific, is the same one that built Harbor’s Mural (WSB sponsor), which Onslow says is now 95% rented. The financing is from U.S. Bank and an unnamed “private investor,” both of whom have worked with Harbor before, and according to Onslow, “this will be one of the few apartment buildlngs being built in Seattle right now.”
He says it was once envisioned that this and the so-called “Hole Foods” site would be built simultaneously, as “bookends” to the Triangle, but now that the latter is in limbo, they have stepped up the look of Link a bit, with a metallic finish on its north and south sides to provide reflectivity, and lighting. Also tonight, Harbor Properties confirmed to WSB that it is no longer pursuing a purchase of the 36th/Alaska motel property, though it does own some land north of that site on the same block, and it also owns the site at 37th/Alaska that’ll be used for construction staging (shown here) – slated to become more parking for Link when construction is done. (Also at the Fairmount meeting, crimefighting info from Southwest Precinct reps – that’ll be in a separate report.)
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