SEATTLE, WA - Today, The Holland Partner Group in partnership with Mesirow Financial Institutional Real Estate, breaks ground on their eighth market rate project located at 717 Dexter Ave N, in Seattle. The project includes 100 units incorporating both townhouse units and studio, one and two bedroom flats, and is located in the bustling South Lake Union neighborhood.
“We are happy to partner with Mesirow Financial, to develop this jewel box project that will bring needed contemporary market rate housing to within blocks of Amazon’s new corporate campus,” said Tom Parsons, Partner in charge of Holland Development’s Pacific Northwest region. “We see this project as a micro‐community designed specifically with the needs of today’s high technology workforce in mind.
Minutes from Seattle’s downtown CBD, South Lake Union has quickly become one of the city’s most desirable neighborhoods for both working and living. Neighborhood high profile employers include the Fred Hutchison Cancer Research Center, The new University of Washington School of Medicine campus, the headquarters of the Bill and Melinda Gates Foundation, Group Health, Seattle Times, Tommy Bahama Corporation, Zymogenetics, Pemco Insurance and Amazon.com. This urban location offers lifestyle amenities that include water front parks, the neighborhood streetcar, and recreational access to Lake Union, REI’s flagship retail store, a Whole Foods Market and numerous shops and eateries. The neighborhood known first as a hub for the technology and life sciences is now evolving into a true urban residential village. Building amenities at 717 Dexter will include a resident club room equipped with game tables, a raised bar, a mezzanine level with a media room for gamers and movie‐lovers.
717 Dexter also incorporates an expansive rooftop deck with great views of Lake Union and the downtown Seattle skyline. The deck will include a covered area to socialize, a fireplace and a variety of seating and socializing areas. A pet‐friendly dog run completes the package offerings for residents. The 717 Dexter project is Holland’s third start in Seattle this year. Construction is currently underway on 1200 Madison in Seattle’s First Hill neighborhood as well as 901 Dexter also in the South Lake Union neighborhood. Additional Holland construction activity is ongoing at 1111 Wilshire in Los Angeles, CA, Brenchley Estates in Wilsonville, OR, Living Green at Orenco Station in Hillsboro,OR, Bella Terra in Huntington Beach, CA and Highland Bridge Lofts in Denver, CO.
Over the past 10 years Holland Partner Group, based in Vancouver, Wash. has developed and acquired in excess of 20,000 apartment units. Parsons describes the group as a “full‐service” apartment developer, builder, contractor, owner, and manager.
About The Holland Partner Group
Founded in 2000, The Holland Partner Group is comprised of five operating companies focused on development of new communities, new construction operations, property management, and redevelopment services in conjunction with investment and asset management. The services and resources provided by the partner group allow its strategic alliance partners to invest in core, core plus and value‐added communities in the Western United States’ most attractive submarkets.