Dallas Developer Makes First Foray into Pacific Northwest with West Seattle M-F Project
By Alex Girda, Associate Editor
Dallas-based real estate firm Trinsic Residential Group has broken ground on its first project in the Pacific Northwest, a residential development in West Seattle. With Seattle’s apartment market going well and a large number of units currently in the works to fulfill growing demand, new investors have set their sights on the city in order to cash in on the trend.
Trinsic’s new project will be located at 4435 35th Ave. S.W., near the West Side Bridge and next to the Rapid Ride stop. The residential community will be dubbed the Aura West Seattle, continuing the tradition of the developer’s other residential communities, such as Aura Castle Hills, Aura Prestonwood and Aura Wycliff, all located in Texas.
Aura West Seattle will total 159 residences and will include live-work units and a large amount of underground parking. The community’s developer will bring studio, one- and two-bedroom apartments, as well as townhome units, confident that the project will appeal to a wide variety of renters.
According to the developer, the project’s amenities and overall design are aimed at outdoor enthusiasts. The amenity package includes rooftop gardening, lounge areas, recreational equipment storage, as well as outdoor gear rental. According to Jack Paauw, managing director for the company’s Pacific Northwest division, the company’s goal is to “build an apartment complex that not only benefits residents but also has a positive impact on the surrounding community.” The project will also include hill climbs, connecting 35th and 36th avenues.
Image of Aura Wycliff courtesy of trinsicresidential.com.Tags: Architecture/Design, Aura West Seattle, Conventional - Market Rate, Developers, Development, economy, Finance/Investment, Financiers, Investors, Local, multi-family, National, New Development, Owners, Policy, Professional, Regional, Residential, Seattle Lead Story, Seattle multifamily, Trinsic Residential Group, West Seattle