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New Owner Plans To Start Fresh on Large Seattle Apartment Project

Oregon Buyer Envisions About 400 Units in Central District

An Oregon developer is planning to move ahead with just under 400 units on an assemblage it acquired in Seattle, including the site of a church currently located at 1230 E. Fir St. (CoStar)
An Oregon developer is planning to move ahead with just under 400 units on an assemblage it acquired in Seattle, including the site of a church currently located at 1230 E. Fir St. (CoStar)

A Portland, Oregon-based buyer is starting from scratch on plans for a significant development on the shoulder of downtown Seattle, but it still intends to place multifamily units there, a sign of investors’ appetite for apartment projects in the area.

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