Sound Transit Awards Mercy Housing Northwest Contract to Build Rainier Valley Affordable Housing
By Alex Girda, Associate Editor
Mercy Housing Northwest has been selected by the Sound Transit to develop a new affordable, transit-oriented project in Southeast Seattle. The company has been tasked with the construction of a multifamily complex near the Othello Link light-rail station.
The Othello Station complex in Rainier Valley will be located on Martin Luther King Jr. Way South near Myrtle Street. When completed, it will feature 108 residential units and a ground-floor commercial component totaling around 8,000 square feet of leasable space. The new project, that according to the design concept will be dubbed Myrtle Apartments at Othello Station, will also offer residents an underground parking facility accommodating 50 vehicles.
Aimed at families earning as much as 60 percent of the area’s average income, currently set at around $47,640 for a three-person household, the project will feature a mix of unit sizes. Around two-thirds of the available units will feature a three-bedroom floorplan, part of the local authorities’ initiative to increase the amount of affordable family-size housing in area.
Mercy Housing Northwest has provided the state of Washington with 2,000 residential units over its past 20 years of activity, most of them located in Central Puget Sound. The company recently completed a Columbia City light-rail station complex totaling 52 units for small families, as well as a 62-unit family apartment development in Rainier Beach. According to Sound Transit Board Chair and King County Executive Dow Constantine, “Light-rail is now a part of the community in Southeast Seattle.” Seattle Mayor Ed Murray, who is also a Sound Transit board member, noted that the city is “excited to build on our longstanding relationship with Sound Transit to ensure that this prime site can offer affordable housing to families who could not otherwise afford to live in the city.”
Image courtesy of soundtransit.orgTags: affordable housing, Architecture/Design, Developers, Development, Finance/Investment, Financiers, Investors, Local, Mercy Housing Northwest, multi-family, Myrtle Apartments at Othello Station, National, Othello light-rail station, Owners, Policy, Professional, Rainier Valley residential project, Regional, Residential, Seattle Lead Story, Sound Transit, transit-oriented community