information from the City of Seattle
The City of SeaTac Council voted tonight to take the first steps toward creating hundreds of new units of affordable housing along the Sound Transit Light Rail corridor. In a 5-1 vote, the Council authorized the City Manager to sign a Purchase and Sales Agreement with CAP Acquisitions, LLC (AKA Inland Group) for the purchase of City of SeaTac properties located in the vicinity of S.154th St. and International Blvd, including the SeaTac Center.
The proposed project will create 665 units of housing along with 30,000 square feet of new commercial space next to the Tukwila International Boulevard Light Rail Station. The buildings would include approximately 385 units of workforce housing which is affordable for individuals and families earning less than 60% of area median income.
“This will allow more community members an affordable option to live and work in SeaTac,” says Mayor Erin Sitterley. “The Transit Oriented Development project creates badly needed housing while giving residents an option to be mobile without the need of a car.”
The proposed project would be constructed on at 4.5-acre site at 15245 International Blvd S which contains a 65,000 square foot commercial building and a structured parking garage.
The City purchased the property in 2010 with the intent to sell it for redevelopment. Currently, the City has leases with 11 tenants who were notified of the sale in March. The City Community and Economic Development Department has offered assistance in finding new spaces for all businesses currently operating on the site.
