Capitol Hill Station transit-oriented development breaks ground

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Capitol Hill Station transit-oriented development breaks ground

Construction of affordable housing, mixed-used development near popular light rail station begins

Sound Transit yesterday joined developer Gerding Edlen and the Capitol Hill community in a groundbreaking celebration for The Capitol Hill Station Development, a transit-oriented, mixed-income and mixed-use development project that will surround the Capitol Hill light rail station when it opens in 2020. 

Renderings of the project are available at https://gerdingedlen.syncedtool.com/shares/folder/fcf794de26f4d5/

Co-hosted by project partners Gerding Edlen, Bentall Kennedy, Capitol Hill Housing, Capitol Hill Champion, Capitol Hill Neighborhood Farmers Market and The AMP: AIDS Memorial Pathway, the celebration featured food and drinks from local purveyors, live music and a pop-up farmers market at the site of the future public plaza near the intersection of Broadway and Denny. 

“This day has been a long time coming but will be worth the wait,” said Sound Transit Chief Executive Officer Peter Rogoff. “The vision for our Link station site developed by Gerding Edlen and the Capitol Hill community will create the kind of vibrant neighborhood improvements that we will be looking to facilitate as we expand our bus and rail services throughout the region.”  

The event marked the start of construction of a long-awaited transit-oriented development (TOD) project designed to transform the Capitol Hill neighborhood. Located atop the new Capitol Hill Light Rail Station, the four-building development will provide 428 apartments, 178 of which will be affordable, 210 underground parking spaces, a community room available for public use, and approximately 30,000 square feet of ground floor retail. A centerpiece public plaza will serve as the home of Capitol Hill Neighborhood Farmers Market and a venue for other community events.

More information on the Capitol Hill Station Development is available at http://www.gerdingedlen.com/ge-news/press-releases/article/controller/News/action/detail/item/capitol-hill-station-development-to-celebrate-groundbreaking/.

Gerding Edlen was selected by Sound Transit as the Master Developer for all four sites through a competitive process. Sound Transit will ground lease Sites A, B-South and C to Gerding Edlen, and sell site B-North to Capitol Hill Housing, Gerding Edlen’s co-developer for the site. Bentall Kennedy’s U.S. Core Fund will serve as Gerding Edlen’s joint venture partner on Sites A, B-South and C. The Capitol Hill Station Development is a Federal Transit Administration joint development project.

In April, the Sound Transit Board adopted an updated policy for equitable transit oriented development (TOD). The policy guides the use of property that remains as surplus after voter-approved transit investments are complete for projects that provide housing for families of various sizes and income levels and increase access to social and economic opportunities. Consistent with regional growth plans, the updated policy focuses urban growth at transit centers and commits Sound Transit to work with local communities and stakeholders to develop projects on surplus property, while also encouraging TOD in nearby areas. 

More information on Sound Transit’s TOD program is available at www.soundtransit.org/tod