Madison Park Times Real Estate - June 2019

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June 2019

Madison Park Times

Serving East-Central Seattle since 1983

Real Estate

MADISON PARK - WASHINGTON PARK - MADISON VALLEY - DENNY-BLAINE - MADRONA - LESCHI www .M adison P ark T imes . com

Community shares designs for Africatown Plaza Mixed-use affordable housing development following inclusive strategy By Brandon Macz

Madison Park Times editor The Africatown Community Land Trust is designing its mixed-use affordable housing development to be a cultural placemaker in the Central District, but not before the neighborhood has weighed in on what that looks like. Longtime residents and those wanting to return to the Central District after being economically displaced participated in the first Africatown Plaza Community Design Meeting on Thursday, May 23, inside a vacant retail space at the Liberty Bank Building. Africatown is partnering with Capitol Hill Housing to develop the south end of the Midtown Center superblock to include 138 affordable apartment units, ground-

Photo by Brandon Macz Past and present Central District residents participate in the first Africatown Plaza Community Design Meeting on Thursday, May 23. floor retail and Africatown office space. Lake Union Partners purchased the entire 106,000-square-foot Midtown Center property from the Bangasser family for $23.5 million in May 2018, making the

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southern 20 percent of the site available to Africatown for redevelopment. The property was acquired with a $4.5 million loan the Africatown LLLP entity — CHH and Africatown — received from

Seattle’s Office of Housing. Africatown CEO K. Wyking Garrett said he wants the design for Africatown Plaza to improve upon what was created with the Liberty Bank Building, which CHH also developed in partnership with Africatown, The Black Community Impact Alliance and self-sufficiency nonprofit Centerstone. “For one, we were not included in this phase for Liberty Bank Building project,” Garrett tells MPT, “so when we did get involved we were able to give more community involvement.” A memorandum of understanding with CHH committed the affordable housing developer to bringing on minority-owned subcontractors and business owners to fill Liberty Bank’s retail spaces. “For us, it’s about designing and building with, not designing and building for,” Garrett said, “so it’s important to get the ideals, include the process, building the community’s IQ around design and planning, so we’re not always subjected to other people’s designs and plans that happen to us.” AFRICATOWN, Page 7


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