Rail

Sound Transit completes TOD land sale

Posted on March 4, 2013

Seattle’s Sound Transit completed the sale of land adjacent to its Mt. Baker Link light rail station for a major transit oriented development including live/work apartments above ground floor commercial tenants. Sound Transit closed the transaction with Artspace, a national leader in nonprofit residential development.

This is Artspace’s third project in Seattle after successes with the Hiawatha and Tashiro Kaplan Artists Lofts. The new $18 million project will be a mixed-use arts facility containing 57 rental units of affordable live/work space for artists and their families. The ground floor will include a community room and 12 commercial spaces for non-profits, creative enterprises and related businesses.

Sound Transit and Artspace entered into negotiations for the property after a competitive public process soliciting qualified development proposals for the Rainier Valley site.

Artspace currently has about 800 residential applicants on waiting lists for its live/work spaces in Seattle.

View comments or post a comment on this story. (0 Comments)

More News

Sound Transit adding 5 more Brookville Equipment Corp. LRVs

The new cars will begin arriving in the third quarter of 2020 and complete delivery by the first quarter of 2021.

San Francisco rolls out first of new Siemens light rail vehicles

The trains for SFMTA include features informed by public input including a new seating configuration, new interior color schemes, and new exterior design.

STV lands 2 NY consulting contracts

Contracted by the Westchester County Department of Public Works and Transportation to develop specifications for the procurement of hybrid-electric articulated buses and was tasked by the County of Rockland Department of Public Transportation to provide technical support for its Transport of Rockland bus procurements.

Metra breaks ground on 136-year-old bridge replacement

The bridge is situated over the Fox River along the Milwaukee District West Lake in Elgin, Ill.

Japanese rail line apologizes for train leaving early

In the statement, the company noted that it hadn't actually received any complaints regarding the incident.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close