| Seattle City Light
Pike Place Market
|For Immediate Release:
9/22/2004 4:24:00 PM
|For More Information Contact:
Stephanie Pure (206) 684-8572
PIKE PLACE MARKET:
First mixed-use development in 20 years passes Committee
SEATTLE—A City-owned parking lot in the heart of Pike Place Market could soon be transformed into low-income housing; a downtown senior services center; and commercial retail space.
The Seattle City Council’s Urban Development and Planning Committee today passed legislation to the Full Council calling for a transfer of property to the Pike Place Market Preservation and Development Authority (PDA). The PDA plans to develop that land (1416 Western Avenue) into a six-story building with 32 low-income housing units, a relocated and expanded senior center of approximately 6,200 square feet, with a floor for commercial space.
“Today’s decision will make a difference in the lives of our city’s most vulnerable people,” says Peter Steinbrueck, Chair of the Urban Development Committee. “This project helps fulfill the City’s commitment to preserving the heritage of the Market while providing much needed housing and services for the poor—and for that I am just thrilled!”
The Pike Place Market’s Senior Center will nearly double in size with this new development, allowing its critical program, serving a daily hot meal to downtown seniors, to expand dramatically. The Center will also provide a senior wellness program, social services, resident advocacy and varied social activities.
Doris Nelson, a longtime member in her 90s and president of the Board of the Pike Place Senior Center, says, “We’re turning seniors away now. With the new expansion we’ll be able to double our meal service to over 200 meals a day!”
The property in this transfer, commonly known as the “Creamery Lot,” was the site of an actual dairy creamery decades ago. The Creamery Lot was purchased by Seattle along with other area parking lots as part of the urban renewal program in the 1970s.
In 2003, the PDA completed a study for the Creamery lot and proposed redeveloping it as a mixed -use development with the low-income housing units, a relocated and expanded senior center and commercial space.
This legislation will be voted on by the City Council next Monday, September 27th at the 2:00 Full Council meeting. If passed, the cost of the development will be about $15 million, with a completion date set around July 2006. The PDA will assume all related development costs for the project, including permitting, environmental procedures and closing costs for property conveyance.
The PDA will also assume all operation and maintenance costs for the development prior to, during and after its completion. The project preserves 40 units of Section 8 housing, and creates 24 net new units of low-income housing. Upon completion there will be 32 residential units in the existing LaSalle Building and 32 in the Creamery Building, for a total of 63 subsidized housing units and one manager’s unit. Residential units will primarily be available (at least 80%) to residents who are 55 and older, and 13 of the units will be available to persons with disabilities.
For more information, contact Stephanie Pure at (206) 684-8572 or email: Stephanie.Pure@seattle.gov