Wednesday, August 12, 2015

DJC: SolTerra To Build 1,500 Apartments in Seattle & Portland, Plus New Portland Office

SolTerra, which designs, builds and manages mixed-use projects, has gone on a hiring spree and announced it will build 1,500 apartments in Portland and Seattle by 2018.

The company, which has doubled in size in the past six months, now has a staff of 150 in Seattle and Portland, with plans to hire still more.

SolTerra is working on six Portland projects and seven in Seattle. Its Seattle projects include:
  • 95-Units on Queen Anne, called the Niwa.
  • 115 Units near Alki Beach, called the Perch
  • 60 units on Capitol Hill, called Pike
  • 100 units in Belltown, called Parq
The company is looking at additional properties on Capitol Hill and in the International District.

Its Portland projects include its own brand new new office building at SE 9th and SE Division that broke ground in May, 2015. The 35,000 SF building will have office, retail and warehouse space and will feature a large tree in the center growing through the roof.

Read the full story.