Roosevelt Station - Investor

Project Details

Development Site Two Blocks From Future Light Rail Station

800 NE 65th St, Seattle, WA 98105

Currently home to the Bus Stop Espresso, this 47 North project is located two blocks from the Roosevelt Light Rail Station set to open in 2021.

The approximately 35K SF future building will contain 45+ apartments above street level retail. Units on the third floor will feature private exterior decks due to necessary power line setbacks.

Features

Project Goals

  • Future transit oriented development site.
  • Maximize unit count due to odd site configuration and proximity to I-5.
  • Target pedestrian friendly retailers to highlight proximity to mass transit.

Key Investment Highlights

  • Site acquired off-market at significant value to investors.
  • Tenant income reserved to fund pre-development activities.

By The Numbers 

Acquired - 2017

Built/New - 1948/2022 (est.)

Lot - 6,300 SF

Zoning - NC3P - 75 (M)

Building - 35,000 SF


Interesting Project Fact

This triangular site is bounded on all three 3 sides by city streets.


Project Team

Developer:  47 North

Features of Roosevelt Station - Investor

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