FOLLOWUP: Next step imminent for ‘affordable homeownership’ plan at Highland Park ex-substation site

(2013 image via Seattle City Light)

By the end of this week, the city will take the next step in transforming a former Seattle City Light substation in Highland Park into housing – “affordable homeownership,” to be specific (with ground-floor commercial space). We reported in November and December on the City Council votes to approve transferring the 10,000+-square-foot parcel from SCL to the Office of Housing (OH) for $424,000 in Mandatory Housing Affordability fees from developers who choose to pay fees instead of building affordable units in their projects. This week, the Office of Housing will open the Request for Proposals from developers interested in the 16th/Holden site, zoned Neighborhood Commercial 40 (four stories), as the result of neighborhood advocacy. It’s projected that the site might be able to house 16 units. There are very specific rules for affordable-homeownership development, both for buyer eligibility and for what can be done with the units post-purchase (they must be owner-occupied, for example). When the Request for Proposals is available – projected for Friday – it’ll be linked on this city webpage.

4 Replies to "FOLLOWUP: Next step imminent for 'affordable homeownership' plan at Highland Park ex-substation site"

  • DC March 26, 2024 (3:29 pm)

    Excellent to see this moving along. I walk to the existing shops there all the time. Will be great to see more options as well as new neighbors. Thank you all who advocated for this transformation! 

  • Mike March 26, 2024 (8:49 pm)

    And only 2.35x the appraised value too.

  • HALA ripples March 27, 2024 (5:56 pm)

    More than a decade ago when the then Seattle Mayor declared homelessness and “emergency” and followed-up HALA, which in turn helped drive developers to build more housing but without having to actually include any affordable housing. They just had to pay money which is now being used to buy much more expensive parcels 10 years into the “emergency.” Sheesh!

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