Zella Apartments Opens In Lower Queen Anne

Courtesy of Pastakia + Associates
Zella Apartments Recently Opened On Lower Queen Anne.

Pastakia + Associates recently completed Zella Apartments, a seven-story multifamily development at 429 2nd Ave. in lower Queen Anne. The 114K SF, 128-unit building features one- and two-bedroom units and 38 live/work spaces. So far, 62 units have been pre-leased.

Construction of Zella began two years before the adoption of Seattle’s Mandatory Housing Affordability legislation, but Pastakia + Associates voluntarily rezoned to allow for more height and density while adding units that support housing affordability.

In total, one-quarter of the building’s units are affordable for those in the 60% to 80% AMI bracket through the Multifamily Tax Exemption Program and the city of Seattle’s Housing and Livability Agenda program, also known as HALA.

“We’re thrilled to announce the completion of Zella Apartments,” Pastakia + Associates Managing Principal Tejal Pastakia said in a statement. “At Pastakia we are committed to creating purpose-filled developments — and every design at Zella was carefully chosen to provide an ideal feeling of peace and balance.”

There are 29 floor plans in the building, which is made of brick, metal panels, fiber cement planes and cedar siding. There is secure on-site parking that includes 52 below-grade parking stalls as well as parking spaces for 33 bicycles.

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

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

California Governor Candidates See Different Solutions To State's Housing Troubles