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HRG Development Projects

  HRG has participated in the development of the following projects (most recent projects listed first):
Also, read our development history.
 
Project Finish Scope of Work

Cost

Funding
2009
(expected)

Westlake II (pre-development name)
801 9th Avenue
New construction of 56 efficiency units for homeless senior men. HRG is providing development services for Archdiocese Housing Authority, which will own and manage the building.  Located on First Hill.

$11,000,000

9% tax credit investors
City of Seattle OH
State of WA CTED

 

2008
(expected)

Holden Family Housing
2429 SW Holden St
New construction of 26 two- and three-bedroom units with services for formerly homeless families.  HRG is providing development services for Archdiocese Housing Authority, which will own and manage the building.  Located in West Seattle.

$7,000,000

9% tax credit investors
City of Seattle OH
King County 2060
State of WA CTED
Sound Families

2008
(expected)

Kenyon Housing
3900 S Kenyon St
New construction of 18 studio units for people living with HIV/AIDS and/or chronic mental illness. HRG is working with Seattle Mental Health in developing this project.  Located in the Rainier Valley.

$4,300,000

9% tax credit investors
City of Seattle OH
State of WA CTED
Capital Campaign
HOPWA

2007
(expected)
Urban League Apartments at Colman School
2300 South Massachusetts St
Rehabilitation/reuse of the historic Colman School into 36 units of housing for low-income individuals over museum space. HRG is providing development services for the Urban League, who will own the property.  HRG will manage the residential portion of the building.  Located in the North Rainier neighborhood.
$20,700,000

9% tax credit investors
Tax-exempt debt
City of Seattle OH
State HTF
Capitol Campaign
King County Jump Start

2006

Stone Way Apartments
1215 N 45th Street
New construction of 70 one-, two-, and three-bedroom units of housing for low and very-low income individuals and families in 4-stories over ground-floor commercial space and parking garage.  Located in the Wallingford neighborhood.

$17,500,000

Bank loan
4% tax credit investors
City of Seattle OH
SHA Holly Park Replacement Housing
State of WA CTED
King County HIPDD
 

  

2006

The Genesee
4425 MLK, Jr. Way
New construction of 50 units of housing.  Some units are affordable as workforce housing, some are for very low-income individuals and families, and other units are for persons with developmental and physical disabilities including HIV/AIDS.  This project was part of Seattle Housing Authority redevelopment of Rainier Vista.
$9,800,000 Bank loan
HUD 811 
4% tax credit investors 
HOPWA
City of Seattle OH
Federal Home Loan Bank
AHW Capital Campaign
Sound Families
King County HIPDD
State of WA CTED

 

 2005 Morrison Hotel
Substantial renovation and historic preservation of up to 200 studio apartments, 100 bed shelter and 11,000 s.f. of commercial space.  HRG provided development and construction services for Downtown Emergency Service Center who owns and manages the building.  Located in the Pioneer Square historic district.
$26,500,000 Bank loan
9% tax credit investors 
City of Seattle OH
State of WA CTED
Capital Campaign
King County HOF
HOPWA
 

2004

Judkins Park Apartments
1123, 1129, 1133 - 23rd Avenue S 
New construction of 16 two and three bedroom units for low and very low income families including some families living with disabilities, including HIV/AIDS.  Located in the Central area.
$3,800,000 Bank Loan
9% tax credit investors
HOPWA
City of Seattle OH
Sound Families
SHA – Holly Park Replacement   Housing
  2003
YWCA  Opportunity Place
2026 Third Avenue
New construction of 145 studio and one bedroom units.  HRG provided development services for the YWCA which owns and manages the building.  Located in the Denny Regrade neighborhood.
$29,900,000 Tax Exempt Bond Debt
4% tax credit investors
City of Seattle Housing Bonus
State of WA CTED 
Capital Campaign
King County HOF

 

2003

The Gilmore
1526 Third Avenue
Partial demolition, renovation, and new construction of 65 studio, one and two bedroom units above 15,000 s.f. of commercial space in downtown Seattle.

$13,700,000

Tax Exempt Bond Debt
4% tax credit investors
Commercial Loan 
City of Seattle Housing Bonus
State of WA CTED

2002

Stewart Court
1831 Eighth Avenue
New Construction of 65 studios and one bedroom apartments affordable to people making between 50% and 60% of area median income.  7,000 s.f. of commercial space and 96 parking spaces in the Denny Triangle neighborhood.  

$13,200,000

Tax Exempt Bond Debt
Commercial Loan
4% tax credit investors
City of Seattle Housing Bonus

2000

Admiral Housing
42nd Avenue SW
New construction of 15 studio units of housing for chronically mentally ill homeless adults.  HRG provided development and construction services for Harborview Mental Health Services.  Located in the Admiral neighborhood of West Seattle.

$1,600,000

HUD Section 811
King County HOF
Federal Home Loan Bank
Capital Campaign

1999

Security House
2225 Fourth Avenue
Acquisition, renovation and preservation of Section 8 housing of 107 units for low-income seniors and 15,000 s.f. of office and retail space. Located in Denny Regrade neighborhood.

$14,500,000

Tax-exempt Bonds
4% tax credit investors
City of Seattle OH
State of WA CTED

1998

Tate Mason House
1100 Minor Avenue
New construction of 97 units for residents 55 years of age and over. Convention Center replacement housing. Land donated by Virginia Mason Hospital with shared parking agreement. Located in the First Hill neighborhood.

$8,760,000

Tax-exempt Bonds
4% tax credit investors
Convention Center

1998

Casa Pacifica
1167 Republican Street
New construction of 65 units of mixed-income housing, including 10,000 s.f. of commercial space for Lutheran Community Services. Majority of land donated by Seattle Times. Located in the Cascade neighborhood.

$6,002,000

Tax-exempt Bonds
4% tax credit investors
City of Seattle OH
Other

1997

Kerner Scott House
510 Minor Avenue N.
New construction of 40 studio units of housing for chronically mentally ill homeless adults.  HRG provided development and constructions services for Downtown Emergency Service Center.  Located in the Cascade neighborhood.

$4,197,000

HUD Section 811
WA State HFU
King County HOF
City of Seattle OH
Federal Home Loan Bank

1996

Mercer Court Apartments
527 12th Avenue E.
New construction of 24 one- to three- bedroom apartments and 31 parking spaces in Capitol Hill area.

$2,270,000

Tax-exempt Bonds
4% tax credit investors
City of Seattle OH

1996

Eagles Auditorium Housing
706 Union Street
Restoration of historic landmark in joint development with ACT with 44 studios and one-bedroom apartments and three new performance theatres.  Located downtown Seattle.

$3,200,000
(housing only)

Bank loan
9% tax credit investors
HRG Loan
TDR

1995

Bellevue & Olive
1651 Bellevue Avenue
New construction of 48 studio to three-bedroom apartments using energy efficient design and recycled building material with 6,750 s.f. of commercial space and parking.  Located in the Capitol Hill neighborhood.

$5,426,000

Bank loan
9% tax credit investors 
City of Seattle OH
WA State HFU

1994

Union Hotel
204 Third Avenue S.
Rehabilitation of an historic hotel into 52 units of permanent housing for formerly homeless adults for Downtown Emergency Service Center.  Includes 1,650 s.f. of commercial space.  Located in the Pioneer Square neighborhood.

$3,525,000

Bank loan
9% tax credit investors
State of WA CTED

1994

Heg/Phillips House
711 E. Union St.
Rehabilitation of this 1902 home into 11 studio & one-bedroom units.  HRG manages these units under contract with owner, Historic Seattle PDA.  Located in First Hill neighborhood.

$1,400,000

Owned by Historic Seattle, PDA

1994

Cascade Court
1201 Summit Avenue
New construction of 100 units providing studios to three-bedroom apartments and 138 underground parking spaces.  Land was partially donated by Priscilla Collins.  Located in First Hill neighborhood.

$8,132,500

Bank loan
9% tax credit investors
State of WA CTED
Other

1994

Juneau Townhouses
3801 S. Juneau
New construction of 10 townhouses and apartments for larger families: 8 three-bedroom units and 2 two-bedroom units.  Located in Rainier Valley.

$2,413,000
(combined with Pardee)

Bank loan
9% tax credit investors
State of WA CTED
HRG Loan

1993 Pardee Townhouses
1630 14th Avenue
New construction of 8 three- and four-bedroom townhouses and renovation of an existing single-family home into a five-bedroom townhouse.  Located on Capitol Hill.

$2,413,000
(combined with Juneau)

Bank loan
9% tax credit investors
State of WA CTED
HRG Loan

1993

Graham/Terry Apartments
2014-2020 Terry Avenue
New construction of 107 units and a 24-car garage with additional surface parking.  Gut rehabilitation of 14 units. Located in Denny Triangle neighborhood.

$6,600,000

Bank loan
9% tax credit investors
Convention Center
State of WA CTED
TDR

1993

Victorian Row
1234 King St.
Rehabilitation of homes into studios to 3-bedroom units. HRG manages these 14 units under contract with owner, Historic Seattle, PDA.  These pre-1900 apartments are listed as a City of Seattle Landmark.  Located in the International District.

$1,000,000

Owned by Historic Seattle PDA

1990

Bel/Boy
1411-1423 Boylston & 1411-1424 Belmont
Rehabilitation of six turn-of-the-century (1893-1902) homes into 47 single room occupancy units.  HRG manages these units under contract with owner, Historic Seattle, PDA.  Located in First Hill neighborhood.

$2,000,000

Owned by Historic Seattle PDA

1990

Oregon Hotel
2305 First Avenue
Complete renovation of the former Oregon Hotel and new construction on adjacent parcel producing 83 studio units with 3,628 s.f. of retail space.  Located in Denny Regrade neighborhood.

$4,050,000

Bank Loan
9% tax credit investors
Convention Center

1990
and
2001

The Cambridge
903 Union Street
Restoration of 152 studio apartments.  Acquired from Seattle Housing Authority.  Located on First Hill.

$4,800,000

Tax exempt bonds
State of WA CTED
City of Seattle OH

1989
and
1998

Kingway Apartments
5900 37th Avenue S.
Renovation of 165 units garden-style complex including interior renovations, new roofs, security improvements, courtyard, laundry and entryway.  Located in Rainier Valley.

$5,000,000

501(c)3 bond
State of WA CTED
Boeing Fund
King 5 TV
United Way volunteers

1989
and
1994

John Winthrop Apartments
1020 Seneca Street
Rehabilitation of 79 studio units: Located in a 1924 brick apartment building in the First Hill neighborhood.

$2,416,000

501(c)3 bond
Convention Center
HRG Loan
Other sources

1987 Vine Court
103 Vine Street
New Construction of 54 studio and alcove units.  Located in the Belltown area of downtown Seattle.
 

$2,300,000

Bank loan 
9% tax credit investors
Convention Center
City of Seattle DHHS

1987

Annapolis Apartments
1531 Belmont Avenue
Renovation of 23 units and window and major systems replacements.  This 1901 brick building includes 1,025 s.f. of retail space and is located in the Pike/Pine neighborhood.

$1,042,000

Bank Loan
9% tax credit investors
City of Seattle OH
HRG Loan

1986

Adams Apartments
304 Bell Street
Rehabilitation of 19 units including major systems upgrades and replacements.  This 1916 brick building is located in Denny Regrade neighborhood.

$927,000

Tax exempt loan
City of Seattle OH
Investor
HRG Loan
TDR

1984
and
1994

Sterling Court
1722 Belmont Ave.
Rehabilitation of 10 studio units for residents with up to 45% of median income.  Full gut rehabilitation in 1994.

$250,000

Tax credit investors
Bank Loan

1984
and
1994

Olive Tower
1624 Boren Avenue
Rehabilitation of 86 studio apartments, including replacement windows and major systems in a 1928 downtown high rise apartment building in the Denny Triangle neighborhood.

$2,458,000

Bank Loan
City of Seattle OH
Convention Center
TDR

   
   
 


 

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