Concept image courtesy of Lake Union Partners
The fenced-in, weed-filled vacant lot on the southwest corner of 23rd and Union may not stay that way much longer. An already approved but stalled six-story building is now set to break ground as early as August.
Formerly owned by Jim Mueller, the property and approved building design were sold to Ian Eisenberg, who also owns property on the northeast corner of the intersection including the car wash, Med Mix property and the building that houses the Neighbor Lady.
Eisenberg and the Lake Union Partners will build and maintain ownership of the building, which should open its doors in fall of 2014.
“The interesting thing—and fun thing for us—is to understand who the neighborhood is,” said Scott Roberts of Lake Union Partners. “I’m sure we can contribute to the next hopscotch.” Hopscotch CD ended at 23rd and Union Saturday.
The planned building includes 92 apartments, 74 underground parking stalls and 4,000 square feet of retail space. The developers are lobbying to identify a restaurant for the larger corner retail space, they said. No retail tenants have been officially lined up yet.
Leasing of rooms will start three or four months before the building opens in fall 2014. Rent rates are not yet available.
The new owners do plan a few tweaks to the design, mostly geared toward improving the pedestrian environment, they said. They want to give the retail storefronts “more of a residential feel.” Continue reading →