Intracorp Set To Break Ground On Multi-Use Building In Little Saigon

Courtesy of Intracorp
The New 321-Apartment Building In Little Saigon Will Include Both Market-Rate And Affordable Housing.

Intracorp is set to begin construction on a 321-unit apartment building in the Little Saigon neighborhood at South Jackson Street and 12th Avenue. Demolition of the existing building is complete and construction on the new seven-story building will begin in May.

During the planning phase, Intracorp sought input from Friends of Little Saigon and the Seattle Chinatown International District Preservation and Development Authority community groups. The units will be a mix of market-rate and affordable housing. A pedestrian market retail passage connecting Jackson and King streets will feature 10K SF retail spaces that are expected to attract Asian-inspired vendors and shops.

“Intracorp would like to thank the community for all of the input and guidance that has been given us to make this project a perfect fit for the neighborhood,” Intracorp Vice President of Development Lis Soldano said in a statement. “We are excited to give hundreds of future residents the opportunity to make their home in Little Saigon and be a part of this lively community.”

The building was designed by Tiscareno Associates, Nakano Associates and Object & Space. It will have a modern look and feel while preserving the neighborhood’s Vietnamese culture. The structure will feature a wood, weave and greenery aesthetic with bamboo, woven textures and artist-inspired elements. It will be constructed to meet LEED Gold standards.

The yet-unnamed building will have a two-story lobby, a game room, a fitness center and bike storage, as well as a sky lounge with indoor and outdoor spaces. It is on the Seattle Streetcar Line. Leasing will launch in early 2021, but an interest list is currently being compiled.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Seattle Newsletters
Related Stories

Bottoms Wins Georgia Governor's Race With Pledge To Boost Affordable Housing

Suburban D.C. County Weighs Microhousing As Affordability Salve

Fannie Mae, Freddie Mac Rewrite Underwriting Standards For NYC's Rent Freeze

Housing Completions Close To 40,000 As LDA Adds Major Site And CEO Departs

Capital Flooded Into Bay Area Apartments. Then Treasury Yields Spiked

How Pacific Northwest Multifamily Owners Are Using Sustainability To Strengthen Asset Performance

South Jersey Affordable Housing Developers Blame State 'Overregulation' For Constricted Supply

Ireland's Top Resi Developers Plead For Stability After Regulation Roulette

Treasury Introduces Rule Blocking Big Investors From Bulk-Buying Homes

Achmea Real Estate Acquires 131 Rental Apartments For BPL Pension Fund

COPA Passes City Council, Heads To Mamdani's Desk

Greystar Lands 1,100-Home Cherrywood Management Mandate