June 16, 2022

241 Shoreline units move closer to start, with Exxel Pacific as builder

By  BRIAN MILLER
Real Estate Editor

Rendering by Tiscareno Associates [enlarge]
This view looks roughly northwest up 145th (which actually has no median). The grassy site at right (east) now has some old houses, but is likely to sell to another developer.
Evergreen Point Development has about an acre on the west side of Interstate 5, a short walk east to Shoreline South/148th Station, where light rail service is expected to begin in 2024. With architect Tiscareno Associates, it’s planning The Line, with 241 units at 140 N.E. 145th St. The project has passed through design review, and the city of Shoreline recently published a “planned action determination of consistency.”

That moves The Line closer to final permits. SEPA filings indicate an anticipated start date this summer. The project would replace four old houses. The contractor is Exxel Pacific. Completion would be expected in late 2024.

The Line will target LEED Platinum certification. The seven-story project also includes 1,725 square feet of retail and 196 parking stalls on two underground levels.

The developer says that 20% of the units will be affordable to households making 70% or less of area median income. That amounts to 48 units.

Tiscareno estimates the total project size at 255,000 square feet. That includes the parking and amenities: lounge, fitness center, acoustic podcast room and media room.

The Line team also includes Geotechnical Associates; Communita Atelier, landscape architect; YT Engineers, structural; and KPFF, civil.

The Line is one of three different midrise developments on that stretch of 145th. From west to east, Intracorp recently began work on the 299-unit Zinnia; then Shea Properties is planning 547 units with Ankrom Moisan Architects and Exxel Pacific; then comes The Line; and finally about 1 acre is being offered by the Edmonds office Windermere Real Estate for $7 million. No new plans have been filed there.

Evergreen Point assembled its land for about $4 million. Also in Shoreline, though not too close to the light rail line, it sold the new 124-unit TRaD last fall for $51 million. Exxel Pacific was the builder there.

 

Brian Miller can be reached by email at brian.miller@djc.com or by phone at (206) 219-6517.