14532 5th Ave
Shoreline, WA 98155

SHORELINE | SEATTLE, WASHINGTON This 1.5-acre site consists of seven lots at the corner of 145th Ave N and 5th Ave. The site permits height up to 70 feet and must be improved with ground floor commercial, to include outdoor seating or retail space. The site permits an unlimited intensity of use making it optimal for Transit Oriented Development. Shoreline is anticipating growth previously seen only within Seattle city limits thanks to delivery of a Light Rail station. This growth includes restaurants, hotels, apartments and office construction all planned to deliver ahead of the Shoreline Station. Directly adjacent to the subject site, the City of Seattle's light rail station will deliver thousands of renters daily upon completion. Diverse property ownerships, relatively small property sizes, and relatively high improvement (home) values present challenges for large scale development projects. A modest sized mixed use project can easily be 1.5 acres, which would require the acquisition of eight contiguous single family home lots within a narrow time frame, and in the right location. This can be very time consuming and logistically challenging, and therefore developers will seek ou This can be very time consuming and logistically challenging, and therefore developers will seek out large lots like this where possible. MUR-70 ZONE | MIXED-USE RESIDENTIAL-70-FOOT HEIGHT LIMIT: This zone would allow building heights of 70 feet, generally seven stories tall with some flexibility for different roof top amenities. This zone would accommodate mixed use with residential and/or office uses above commercial or other active use at the ground floor level. Building types would generally be 5 over 2 (five levels of wood-frame construction over a two level concrete podium at the ground floor level). Additional height up to 14 stories is possible when a greater number of affordable units are provided. ADDRESSES | SQUARE FEET: 14541 6th AVE NE (7,440 SF) | 14540 5th AVE NE (7,440 SF) | 14532 5th AVE NE (7,440 SF) 14521 6th Ave NE (7,440 SF) | 14525 6th AVE NE (11,160 SF) | 14515 6th Ave NE (7,440 SF) 14535 6th AVE NE (11,160 SF) PROPOSED PROPERTY DETAILS: Land Area - 59,520 SF | Gross Building Area - 224,741 SF | Rentable Area - 185,889 SF Parking | 169 Stalls | 54,716 SF - Ground | 35k Retail + 13 Units | 42,805 SF Floor 3 | 43 Units | 34,816 SF - Floor 4 | 46 Units | 31,