Questions and Answers
Who is North Lot Development LLC? North Lot Development is a joint venture between two of the most experienced and storied real estate companies in Seattle. Daniels Real Estate (the development arm of Nitze-Stagen & Co., Inc.) and the R.D. Merrill Company.
How long has the Stadium Place project been planned? Initial planning by the Pioneer Square neighborhood dates back to the construction of the King Dome over thirty years ago. The concept for adding additional housing stock has been a priority of the Pioneer Square neighborhood plan since the 1970’s.
I thought the property was owned by CenturyLink Field? No, the property was owned by King County and not the Public Stadium Authority (CenturyLink owners). This property has been envisioned to provide additional housing for the Pioneer Square neighborhood for decades and was not transferred as part of the construction of CenturyLink Field. The property was sold to North Lot Development, LLC in September of 2011.
What happens to my Seahawk or Sounder parking? Actually there will be more available parking stalls for events after the project is complete than the 491 stalls that existed before (A total of 750 new parking stalls on-site and an additional amount of up to 1,000 stalls in an off-site facility just to the east of the stadium). In addition we recommend taking transit as there are now more transit options available for travel to and from events than ever before, such as Link, Sounder, Metro buses and soon, the First Hill streetcar line.
Has the project been reviewed by either the City or County? Yes. Actually both the King County Council and the Seattle City Council have been actively involved in the planning and permitting process for the property since May of 2007. In fact, there have been multiple votes by the councils that were all unanimous in support of the project.
How has the neighborhood been involved? There have been nearly 90 public meetings with the community stakeholders over the last five years to arrive at the project design. Additional meetings will be held as the project moves through design and construction to keep all interested parties fully informed.
Why would you build a project in Pioneer Square? Isn’t it a dirty and dangerous place? Actually, the Seattle Police statistics show this impression is incorrect. Not only is it one of the safest neighborhoods in the City, it has made a remarkable recovery over the last year since Elliott Bay Bookstore departed to Capitol Hill. Pioneer Square is Seattle’s oldest neighborhood so the neighborhood is not being built from scratch. It exists today and has over 150 years of supporting history. In addition, with the billions of public investments completed or underway in the neighborhood (King Street Station, Sound Transit Sounder & Link, the First Hill Street Car, SR 99 Tunnel, Seattle Seawall and Waterfront Project, the stadiums, etc…) the neighborhood stands on the cusp of meeting its fullest potential since the heady days of the Klondike Gold Rush.
What about neighborhood amenities? Pioneer Square has the largest collection of artists and galleries in the Pacific Northwest. It has a multitude of entertainment and service options to choose from, with more to come as a result of this project. There is no better served neighborhood in terms of transit options. The project will be one of the most sustainable developments on the West Coast as you can truly live, work and play in the neighborhood and do so without the need for a private vehicle.
What kind of “green” features are included? Beyond those required under Seattle’s very progressive design and energy codes, the project will have state of the art equipment and fixtures that minimize the impact of living or working in the project on the environment. Cutting edge ideas are planned such as an urban farm area that will serve the onsite restaurant and residents, a large four story living wall that provides a vertical sustainability focus, and some form of district energy that would eventually serve the project’s neighbors as well.
I understand there will be a mix of housing types on site? Yes. Both in terms of unit types, unit sizes, and availability to a variety of income levels. The project is required by King County to provide 115 units of affordable housing (defined at 60% to 70% of average King County Medium Income). 30 of these units will be located in Stadium Place West and are being prioritized to accommodate displaced artists from the neighborhood. The additional 85 units of affordable housing will be located within a few blocks of the project at Fourth and Main. The remaining 710 units will be targeting a wide range of income levels from workforce housing apartments up to luxury condominium units. The project is truly a mixed income, mixed use project.
Why should I live at Stadium Place? It’s truly the most sustainable residential development in the Pacific Northwest scoring a perfect 100 for transit options in the Walkability Ratings. With a variety of transit options available next door; easy and free transit access to the central core; with an established, historic and creative working neighborhood; part of the new entertainment district; and featuring state-of-the-art sustainable features with stunning architectural design; why would you want to live anywhere else?