Nov

21

If anyone were to tell you that the greater Seattle metropolitan area doesn’t have a thriving waterfront community, all you would have to do to prove them wrong is mention the new housing projects that are on their way. The fact is, among Seattle’s many biggest attractions and perks, the city’s proximity to water features like Lake Washington and Puget Sound is a huge boon. Homeowners in the area have plenty to appreciate about the lively nature of the waterfront, including a wide variety of quality parks, shops, restaurants, gardens, and one of a kind landmarks and features. Fortunately, the development of new housing makes it possible for more people to enjoy one of the best things Seattle has to offer.

Upcoming Housing Projects

The two major housing projects in Seattle include a seven-story apartment building and a 16-story residential building, both on picturesque waterfront sites. It’s important to note that the location of the seven-story building was just recently the home of one of the oldest businesses in Seattle. Known as Argens Safe and Lock Company, the business has been in operation since 1880, founded by immigrant Henry Argens. Fortunately, it’s a unique opportunity to live in a fantastic location that residents simply didn’t have access to for more than 100 years.

The Housing Plans

Following the decision to replace the Alaskan Way Viaduct with a 26-block promenade, real estate developers weren’t far behind with interest in capitalizing on the newfound opportunity. The companies in charge of these two new waterfront home projects are Goodman Real Estate and Mack Urban. The two developers aren’t strangers to waterfront property development, with Goodman having leased a building of 16 stories that was fully leased within seven months after completion. For the upcoming project, Goodman is planning to tear down the mid-20th century Argens building to allow for construction of brand new apartments, mostly one bedroom units.

Preparing for the Future

What does all of this mean for people interested in waterfront property in the Seattle area? It means that now is a great time to look into finding some space there, because demand is sure to be high. For those who have always thought about buying a home on the waterfront, leasing a unit in an upcoming waterfront residential building is a good way to test it out and see how you like it. The whole affair is also indicative of the fact that Seattle is continuously rebuilding itself, with old buildings and developments making way for new ones. For better or worse, the Seattle waterfront scene keeps changing, bringing with it plenty of attractive opportunities for new experiences.

In the end, the seven-story project at 80 S. Main St. and the 16-story project at 1301 Western Ave. represent the potential to enjoy features in a location that you couldn’t have come by until now. You can rest assured that the waterfront community in Seattle continues to evolve, thrive, and eventually, to reinvent itself in new and exciting ways.

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