Recently we reported on Gerding Edlen’s acquisition of two high-profile California properties slated for green redevelopment. Now the company has procured a property in Seattle, Washington, that, upon completion, will be a mixed-use development designed to LEED Gold standards.
This development at 412 Broadway will include approximately 118 residential rental units, 20% of which are slated for affordable housing, as well as 6,500 square feet of retail space.
In keeping with Gerding Edlen’s 20-minute lifestyle concept, this development–right next door to Seattle University and medical facilities, as well as the downtown shopping and financial districts–will be connected to the rest of the city via a municipal light rail system planned for expansion from downtown to the Capitol Hill, as well as a streetcar line that will connect this light rail to Union Station in the International District/Pioneer Square.
These attributes, combined with green building strategies and “a holistic approach to community,” are all part of Gerding Edlen’s overall blueprint for redevelopment in high-density urban centers. The company currently has 40 projects either registered or certified LEED by the U.S. Green Building Council.
The architect for 412 Broadway is Ankrom Moisan Architects; construction is slated to begin in August of this year.