town name, state name
21 Days Ago

Trez Capital, Amazon and Others Finance Affordable Housing Project Atrium Court in Seattle

Reporter: Yieldpro

 Trez Capital, Amazon and Others Finance Affordable Housing Project Atrium Court in Seattle

Share your feelings about this article

Marvellous Icon Interaction animation marvellous Image


Article Interaction Bullseye Image Interaction Animation Bullseye Image

Right on00

Article Interaction Good Image interaction animation good


A A+ A++ A+++
A groundbreaking ceremony was held for Atrium Court, a housing project in Seattle's Othello neighborhood. The project will create 271 units of affordable workforce housing, 80 jobs, and ground-level retail space near a light rail station. The largest investor in the project is an investment vehicle managed by Allivate Impact Capital and CEI-Boulos Capital Management. Other funding comes from Trez Capital and the Amazon Housing Equity Fund. The project aims to revitalize underinvested communities and provide transit-oriented affordable housing. Construction started in January 2024, with a focus on environmental sustainability and reducing energy consumption. The location near the light rail station aligns with Seattle's goal of reducing car dependence and transportation emissions. The project is expected to create construction jobs as well as permanent jobs in property management and retail spaces. Extensive community outreach was conducted to inform the project's planning and design, including the inclusion of a rotating sculpture at the entrance displaying phrases in languages spoken within the community.

Go to original article source

Related : Kids need to go back to school


Seattle, WA







Overall Article Rating:
View Article Ratings
Contributions (0)
Add Contribution+2 pts.

A contribution is an additional perspective to the primary article. You may add your contribution to the article and it will be featured below the primary article. Each contribution will follow the article in order of date added.

Comment (0) Details Min. 25 characters required | (500 characters limit) This is the exciting part of article , add your valuable comment.
Add Comment+1 pt.
town name, state name