65 units proposed for Alki waterfront site
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13 May 65 units proposed for Alki waterfront site
Posted at 11:19h
in
News
by Christine Olshefsky
By BRIAN MILLER
Real Estate Editor
Between 2014 and 2017, using LLCs, Eastside investor Jia Niu paid about $8.1 million to assemble a row of old houses on the north tip of West Seattle.
Now there’s a redevelopment proposal for 1116 Alki Ave S.W., which spans six parcels between the existing Point Nautica condominium and the nearly or recently completed Pinnacle at Alki condos.
MZA Architects prepared the early plan for 1116 Alki, which hasn’t yet entered design review. It describes a six-story building with 50 to 65 units and somewhere between 77 and 103 parking stalls. The project is listed with a nominal value of $26 million.
See the full article at www.djc.com
