Madison Homes plans to erect the towers one at a time. Groundbreaking for the first will come sometime this spring, with its completion penciled in for the fall of 2002. Madison anticipates that the entire complex, located on NE 10th St., between 106th Ave. NE and 108th Ave., will be completed by 2006.
Occupants of the four buildings will share a common 10,000-sf health club and pool in the central courtyard. Each tower will also include 3,000 sf of retail space; possible tenants for which would include a restaurant and service companies such as a dry cleaner and a business-service center.
While this is Madison's largest undertaking on the Eastside to date, its parent company, Vancouver B.C.-based Winchester Investments Ltd., has built in excess of 9,500 residential units in the Pacific Northwest over the past 20 years.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.