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Former Auto Dealership Slated for Seniors Complex

SEATTLE-A group of developers plan to purchase the former Wilson Ford showroom site in the Ballard neighborhood if it can gain the necessary approvals to redevelop the site into a 150-unit senior housing complex.

By Brian K. Miller | Updated on January 26, 2005

SEATTLE-Led by the locally based real estate services firm Teutsch Partners LLC, a group of developers has tied up the former Wilson Ford showroom site in the Ballard neighborhood with plans to redevelop it into a 150-unit apartment complex for senior citizens. Company principal John Teutsch tells GlobeSt.com the proposed $30-million development will enter the City of Seattle’s design review process within the next few weeks. The property address is 5433 Leary Avenue NW. As planned, the mixed-use project would feature 135,000 sf of residential space and 5,000 sf of retail in a single L-shaped six-story structure with underground parking and an outdoor courtyard. The retail would front Ballard Avenue. Some of the residential units would views of the Puget Sound. “Our research indicated the market is underserved; that there is enough demand to support another facility,” says Teutsch, whose partners for the project are the real estate and investment banking firm R.M. Watson Co. and Seattle-based senior living owner and operator GenCare Inc. Together, they are Ballard Landmark Inn LLC. Hewitt Architects and Wattenbarger Architects are collaborating on the design. Teutsch says the complex would offer both independent and “light assisted-living” residences. From an operational standpoint, the distinction between “light” assisted living and regular assisted living is that the latter requires a license and the former does not, says Teutsch.

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