South Lot Redevelopment Community Engagement Event. Co-Sponsored by: El Centro de la Raza & North Beacon Hill Council June 2012. Plaza Roberto Maestas. Program Elements: Approximately 114 affordable apartments for rent: 39 one-bedrooms, 51 two-bedrooms, 24 three-bedrooms.
El Centro de la Raza
North Beacon Hill Council
El Centro is committed to raising approximately $35M to build Plaza Roberto Maestas. Sources of funding will be a mix of:
Tax Credit Equity
City of Seattle Housing Levy
State of WA Housing Trust Fund
Scenario 1 –
Summer/Fall 2012 – Funding from State and City.
2012-2013 – Spend next year designing, permitting and assembling other funding.
Late 2013 – Break ground.
Early- to mid-2015 – Finish construction and lease-up!
Scenario 2 –
2012-2013 – Predevelopment, design and some permitting.
Summer/Fall 2013 – Funding from State, City and County.
2014 – Break ground.
2016 – Finish construction and lease-up!
Enhance the Beacon Hill neighborhood by providing an affordable and diverse mix of rental housing close to the Link Light Rail Station. (Goal 1 & 2, Neighborhood Plan)
Strengthenthe existing business district through creation of new retail and commercial spaces at reasonable rental rates. (Goal 3, Neighborhood Plan)
Create outdoor and indoor gathering spaces for our diverse array of community members. (Goal 4, Neighborhood Plan)
Create “more eyes on the street” through both residential and commercial tenants throughout the day and night, leading to enhanced community safety and security. (Goal 5, Neighborhood Plan)
Create a civic gathering space, designed to be the multicultural hub of the neighborhood. (Goal 6, Neighborhood Plan)
Embracedensity in a respectful and sensitive manner by creating appropriate design transitions, including setbacks and townhomes, to the surrounding single-family neighbors in the urban village. (Goal 7, Neighborhood Plan)
Enhance the childcare options within the urban village and build on El Centro’s long history of social service delivery. (Goal 8, Neighborhood Plan)
Bea defining element of the Beacon Hill “Town Center” celebrating both the history of the neighborhood and its future. (Goal 8, Neighborhood Plan)
Supported by our strong history and infrastructure of social service delivery in the neighborhood and community. (Goal 8, Neighborhood Plan)
June 19th – Tonight!
July 21st – In-depth workshop on Business Opportunities & Retail Spaces
July XX – TBD workshop on the project
August 2012 – January 2013 – Design Review
Opportunities throughout design review to provide input, both at City meetings at separate project meetings with community.