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Since the inception of the IZ program in 2004, there has been a total of $73.1 million contributed to affordable housing through payments from developers.
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Source: Office of Housing and DPD Page 1
Development projects vested to LUC housing/childcare IZ provisions adopted by Ordinance 120443 (July 2001) or later
Project address Total payment Payment date Urban Village Zone LUC Section Extra floor area Contribution Timing34 501 Fairview Avenue N 71,907 $1,497,103.74 $259,584.27 $1,756,688.01 5/18/2015 South Lake Union Urban Center Village SM 160/85-239 23.58A.024 non-residential First Bldg Permit Post E/S33 811 5th Ave 254,356 $4,768,987.50 $826,624.50 $5,595,612.00 4/27/2015 Commercial Core Urban Center Village DOC 1 U/450-U 23.49.012 non-residential Mat Footing Construction32 2101 7th AV 502,703 $9,425,681.00 $1,633,785.00 $11,059,466.00 3/20/2015 Denny Triangle Urban Center Village DOC 2 500/300-500 23.49.012 non-residential Arch Completion Permit31 1007 Stewart St 142,635 $2,674,406.25 $463,563.75 $3,137,970.00 3/2/2015 Denny Triangle Urban Center Village DMC 340/290-400 23.49.012 non-residential First Bldg Permit Post E/S30 204 2nd Ave 131,040 $1,912,644.00 n/a $1,912,644.00 2/11/2015 Commercial Core Urban Center Village DMC 240/290-400 23.49.015 residential First Bldg Permit Post E/S29 1321 Seneca St 71,104 $1,077,376.81 n/a $1,077,376.81 12/17/2014 First Hill Urban Center Village HR 23.58A.014 residential First Bldg Permit Post E/S28 802 Seneca St 77,370 $1,206,377.47 n/a $1,206,377.47 12/15/2014 First Hill Urban Center Village HR 23.58A.014 residential Certificate of Occupancy27 815 Pine St 132,404 $2,053,257.35 n/a $2,053,257.35 10/28/2014 Denny Triangle Urban Center Village DMC 340/290-400 23.49.015 residential Certificate of Occupancy26 307 Fairview Avenue N 147,122 $3,063,080.40 $531,110.42 $3,594,190.82 9/30/2014 South Lake Union Urban Center Village SM 160/85-240 23.58A.024 non-residential First Bldg Permit Post E/S25 1600 7th Avenue 65,625 $1,501,500.00 $260,531.25 $1,762,031.25 6/27/2014 Commercial Core Urban Center Village DOC2 500/300-500 23.49.012 non-residential Arch Completion Permit24 2021 7th AV 468,075 $8,776,406.25 $1,521,243.75 $10,297,650.00 6/6/2014 Denny Triangle Urban Center Village DOC2 500/300-500 23.49.012 non-residential First Bldg Permit Post E/S23 1101 2nd AV 2,550 $47,812.50 $8,287.50 $56,100.00 3/14/2014 Commercial Core Urban Center Village DMC 240/290-400, DOC1 U/450/U 23.49.012 non-residential First Bldg Permit Post E/S22 400 9th AV N 80,464 $1,675,260.48 $290,475.04 $1,965,735.52 1/30/2014 South Lake Union Urban Center Village SM 160/85-240 23.58A.024 non-residential First Bldg Permit Post E/S21 325 9th AV N 80,224 $1,670,263.68 $289,608.64 $1,959,872.32 1/16/2014 South Lake Union Urban Center Village SM 160/85-240 23.58A.024 non-residential First Bldg Permit Post E/S20 7,738 $145,087.50 $25,148.50 $170,236.00 1/2/2014 Belltown Urban Center Village DMC 240/290-400 23.49.012 non-residential First Bldg Permit Post E/S19 400 Fairview AV N 80,481 $1,675,614.42 $290,536.41 $1,966,150.83 12/13/2013 South Lake Union Urban Center Village SM 160/85-240 23.58A.024 non-residential First Bldg Permit Post E/S18 1821 Boren AV 158,717 $2,975,943.75 $515,830.25 $3,491,774.00 9/27/2013 Denny Triangle Urban Center Village DMC 340/290-400 23.49.012 non-residential First Bldg Permit Post E/S17 2030 8th AV 130,449 $1,976,563.25 n/a $1,976,563.25 8/5/2013 Denny Triangle Urban Center Village DMC 240/290-400 23.49.015 residential First Bldg Permit Post E/S16 201 Boren AV N 87,161 $1,634,268.75 $283,273.25 $1,917,542.00 2/17/2011 South Lake Union Urban Center Village IC-85 23.50.052 non-residential First Bldg Permit Post E/S15 333 Boren AV N 148,751 $2,789,081.25 483441 $3,272,522.25 3/16/2009 South Lake Union Urban Center Village IC-65 23.50.052 non-residential First Bldg Permit Post E/S14 1635 8th AV 50,075 $938,899.69 $162,742.61 $1,101,642.30 2/19/2009 Denny Triangle Urban Center Village DOC2 500/300-500 23.49.012 non-residential First Bldg Permit Post E/S13 1521 2nd AV 121,834 $1,887,253.86 n/a $1,887,253.86 11/4/2008 Commercial Core Urban Center Village DMC 240/290-400 23.49.015 residential Certificate of Occupancy12 300 5th AV 97,532 $1,828,715.63 $316,977.38 $2,145,693.00 9/2/2008 Commercial Core Urban Center Village DMC 340/290-400 23.49.012 non-residential First Bldg Permit Post E/S11 1000 1st AV 915 $17,146.88 $2,972.13 $20,119.00 3/21/2008 Commercial Core Urban Center Village DMC 240 23.49.012 non-residential First Bldg Permit Post E/S10 515 Madison St 53,965 $1,011,849.00 $175,387.16 $1,187,236.16 12/18/2007 Commercial Core Urban Center Village DOC1 23.49.012 non-residential First Bldg Permit Post E/S
9 1918 8th AV 330,653 $6,199,743.75 $1,074,622.25 $7,274,366.00 12/14/2007 Denny Triangle Urban Center Village DOC2 500/300-500 23.49.012 non-residential First Bldg Permit Post E/S8 2001 8th AV 112,173 $2,103,247.31 $364,562.87 $2,467,810.18 9/28/2007 Denny Triangle Urban Center Village DOC2 500/300-500 23.49.012 non-residential First Bldg Permit Post E/S7 818 Stewart ST 62,253 $1,167,243.75 $202,322.25 $1,369,566.00 8/10/2007 Denny Triangle Urban Center Village DOC2 500/300-500 23.49.012 non-residential First Bldg Permit Post E/S6 401 5th AV 4,721 $88,518.75 performance $88,518.75 3/5/2007 Commercial Core Urban Center Village DMC 340/290-400 23.49.012 non-residential First Bldg Permit Post E/S5 1635 8th AV 37,635 $570,245.52 n/a $570,245.52 1/29/2007 Denny Triangle Urban Center Village DOC2 500/300-500 23.49.015 residential First Bldg Permit Post E/S4 401 5th AV 72,497 $1,359,318.75 performance $1,359,318.75 4/28/2006 Commercial Core Urban Center Village DMC 340/290-400 23.49.012 non-residential First Bldg Permit Post E/S3 1000 1st AV 2,746 $51,481.31 $8,923.43 $60,404.74 10/31/2005 Commercial Core Urban Center Village DMC 240 23.49.012 non-residential First Bldg Permit Post E/S2 1400 6th AV 28,560 $535,500.00 $92,820.00 $628,320.00 12/30/2004 Commercial Core Urban Center Village DOC2 23.49.012 non-residential First Bldg Permit Post E/S1 1301 2nd AV 150,851 $2,828,456.25 $490,265.75 $3,318,722.00 8/30/2004 Commercial Core Urban Center Village DOC1 23.49.012 non-residential First Bldg Permit Post E/S
SUBTOTAL 3,967,285 $73,134,336.79 $10,574,639.35 $83,708,976.14
Bonus Floor Area (gsf)
Housing cash contribution
Childcare cash contribution
2000 2nd AV
Development projects vested to LUC housing/childcare IZ provisions adopted by Ordinance 120443 (July 2001) or later
Project address Performance
21 201 S King St 451,407 63,197 Required
20 3040 17th AV W 96,982 13,582 Optional
19 1023 E Alder St 14,105 1,975 Required
18 1815 Bellevue Ave 2,995 419 Required17 3050 SW Avalon Way 5,845 818 Required16 800 NE 67TH ST 191,832 26,857 Required15 515 Harvard Avenue E 17,371 2,432 Required14 2018 NW 57th St 4,452 623 Required13 4745 40th AV SW 10,188 1,426 Required12 900 NE65th St & 905 NE 66th St 22,749 3,185 Required11 422 Summit AV E 6,504 911 Required10 4106 12th AV NE 8,254 1,156 Required
9 4123 12th AV NE 6,459 904 Required8 2721 17th AV S 11,544 1,616 Required7 120 Harvard AV E 8,165 1,269 Required6 4545 8th AV NE 22,249 3,115 Required5 1650 E Olive Way 6,137 859 Required4 6313 15th AV NE 1,741 244 Required3 3261 SW Avalon Way 25,083 3,512 Required2 418 Bellevue AV E 3,821 779 Required1 220 10th AV 7,195 1,265 Required
SUBTOTAL 925,079 130,144
Bonus Floor Area
(gsf)Required set-aside
Development projects vested to LUC housing/childcare IZ provisions adopted by Ordinance 120443 (July 2001) or later
Urban Village Zone LUC Section
Pioneer Square Urban Center VillagePSM 85/120
23.49.181 Mixed
n/a SM/D/40-85 23.48.011 Residential
Capitol Hill Urban Center Village MR 23.58A.014 Residential
Capitol Hill Urban Center Village MR 23.58A.014 ResidentialWest Seattle Junction Hub Urban Village MR 23.58A.014 ResidentialRoosevelt Residential Urban Village MR (0.75) 23.58A.014 ResidentialCapitol Hill Urban Center Village MR 23.58A.014 ResidentialBallard Hub Urban Village MR 23.58A.014 ResidentialWest Seattle Junction Hub Urban Village NC3-85 (4.75) 23.58A.014 ResidentialRoosevelt Residential Urban Village NC3-65 (1.25) & NC3P-85 (5.75) 23.58A.014 ResidentialCapitol Hill Urban Center Village MR 23.58A.014 ResidentialUniversity District NW Urban Center Village MR 23.58A.014 ResidentialUniversity District NW Urban Center Village MR 23.58A.014 ResidentialNorth Beacon Hill Residential Urban Village NC2P-65 (4.0) 23.58A.014 ResidentialCapitol Hill Urban Center Village MR-RC 23.58A.014 ResidentialUniversity District NW Urban Center Village MR 23.58A.014 ResidentialCapitol Hill Urban Center Village MR 23.58A.014 ResidentialRoosevelt Residential Urban Village LR2 (0.75) 23.58A.014 ResidentialWest Seattle Junction Hub Urban Village MR 23.58A.014 ResidentialCapitol Hill Urban Center Village MR 23.58A.014 Residential12th AV Urban Center Village MR 23.58A.014 Residential
Extra floor area
Tenure MFTE Declaration Covenant Other
Rental No 20100312000018 20130131002007 1/31/2013 n/a
Rental Yes 20111025001236 20121005001638 20130702000250 10/1/2012 9%
Rental Yes 20150304000939 20150529000012 5/26/2018 5%
Rental Yes 20141215000779 20150127000621 1/27/2015 3%Rental Yes 20140818000668 20141216001235 12/16/2014 7%Rental Yes 20140723000799 20140818000656 7/25/2014 15%Rental Yes 20140421001382 20140729000413 5/21/2014 5%Owner No 20140430000469 20140520000840 5/20/2014 5%Rental Yes 20140416000833 20140430000470 4/23/2014 1%Rental Yes 20140328000073 20140416000834 4/14/2014 2%Rental Yes 30130611001195 20140328000074 3/27/2013 4%Rental Yes 30130611001194 30130611001197 6/6/2013 5%Rental Yes 20130606001008 30130611001196 6/6/2013 4%Rental Yes 20130411000045 20130606001009 6/6/2013 7%Rental Yes 20121210002086 20130411000046 4/10/2013 5%Rental Yes 20120814000753 20121213001005 12/12/2012 4%Rental No 20121023000891 20121105000282 10/29/2012 3%Rental Yes 20120913000331 20121023001034 10/23/2012 8%Rental Yes 20120716001292 20120914001663 9/12/2012 5%Rental Yes 20120608000762 20120716001293 7/16/2012 4%Rental Yes 6/4/2012 4%
5.9%
Date of Covenant
Set-Aside (% of HU)
Designated Units - "Affordable Housing"
Mic
ro u
nits
Ef S
td
Stud
io
1 BR
- op
en
1 BR
- cl
osed
2 BR
- op
en
3 BR
n/a $4.5M contribution to $__M publicly funded low-income housing (Hirabayashi Apts, to be developed at 400 Main St)
236 0 0 0 7 10 0 4 0 0
85 0 0 0 2 1 0 1 0 0
65 0 2 0 0 0 0 0 014 0 1 0 0 0 0 0 0
260 0 0 0 3 12 15 1 8 073 0 0 0 1 1 1 1 020 0 0 0 0 0 0 0 1 0
151 0 0 0 0 1 0 0 1 0197 0 0 0 0 1 1 0 2 048 0 0 0 0 2 0 0 0 0
104 0 0 5 0 0 0 0 0 0101 0 0 4 0 0 0 0 0 046 0 0 0 1 1 0 1 0 038 0 0 0 0 1 0 1 0 0
162 0 0 0 2 2 0 2 0 078 0 0 0 1 1 0 0 0 013 0 0 0 0 0 0 0 1 0
111 0 0 0 2 3 0 1 0 048 0 0 0 1 1 0 0 0 092 4 0 0 0 0 0 0 0 0
1,942 4 3 9 20 37 17 11 14 0
Total Housing
Units Mic
ro s
leep
ing
room
s
2 BR
- cl
osed
or l
oft
or to
wnh
ouse
Designated Units - "Affordable Housing"TO
TAL
NRS
F
Developer Project
$4.5M contribution to $__M publicly funded low-income housing (Hirabayashi Apts, to be developed at 400 Main St) n/a n/a (Kevin Daniels)
21 13,582 647 (Unico) Slate Apartments
4 2,211 553 (Spectrum)2 431 216 1 839 839 Avalon II Micros LLC (Paul LaBellarte)
39 26,907 690 (Mack Urban) The Eleanor4 2,803 701 (Jon Bunnell) The Rubix1 902 902 (InHaus)2 1,677 839 4 3,189 797 (Lake Union Partners)2 953 477 (S. Slavin)5 1,442 288 (Triad)4 1,262 316 (Triad)3 1,907 636 (Pacific Housing NW)2 1,351 676 (R. Amundson) Lexicon6 3,235 539 (L. Soldano) Lightbox2 1,109 555 (Pacific Crest Property) Zephyr1 972 972 (J. Breiner) Roosevelt Townhomes6 3,554 592 (Paragon Real Estate)2 856 428 (S. Slavin) The Local4 1,265 316 (K. Pantar) The Alder
115 56,865 494
Avg NRSF/u
nitStadium Place (The Nolo; The Wave)
