The Best Buildings Are Already Built?

When it comes to building on Capitol Hill, Alliance Residential thinks the best building facades are already there. The firm's new development director for the Pacific Northwest Suzi Morris tells us Alliance's goal is to "build buildings from the inside out." (We have a similar approach to eating Oreos.)
Alliance likes the look of the Hill so much that it's incorporating three facades from existing buildings into its new Broadstone Capitol Hill project, a 250-unit building on 10th Avenue and East Union. The Broadstone Capitol Hill project will reuse the old, heavy timbers in new and creative ways, while the new innards will have all the things today's tenants want, like fiber optic cable and a bike repair room. Part of Alliance's process, Suzi tells us, has been reaching out to neighbors to reassure them that the ultimate look and character of Capitol Hill won't change too much.

Although Alliance is focusing on its two Capitol Hill projects (there's also a 105-unit under construction at 11th and Madison) and Broadstone Koi, a 166-unit apartment in Ballard due in February, Suzi, a Schnitzer West alum, feels bullish about condos. "I definitely think there's a place for condos," she tells us. "It's just when all the stars will align." (By "stars," we assume she means "financing.") Suzi may work in Seattle now, but she also believes Bellevue is overlooked: "Its fundamentals are very good."

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

The Geo Group To Reopen 2,329-Bed Immigration Facility In Texas

What's At Stake For CRE In Tuesday's U.S. Midterm

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

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

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Cresa Taps Nathan Knowles As Atlanta Market Leader