Wood Partners and ParkProperty Capital broke ground this week on Alta North City, a new residential community in the Seattle Shoreline’s North City neighborhood.
Located 20 minutes north of downtown Seattle, Alta North City will include rail station access, shopping options, restaurants and green spaces, as well as 228 apartments varying in size from studio units to two-bedrooms.
“We are beyond excited to officially break ground on our newest mixed-use project, Alta North City, in the growing city of Shoreline, which we hope will provide the perfect balance of city and suburban living for our future residents,” said Michael Nagy, managing director at Wood Partners. “Alta North City highlights Wood Partners’ continued expansion within the Seattle marketplace, as well as the company’s dedication to providing the highest level of quality and sophistication for residents to enjoy.”
In-unit amenities include stainless-steel appliances, quartz countertops, designer backsplashes and wall-to-wall wood flooring. All apartments will be equipped with washer and dryer sets.
“We are excited to partner again with such a high-quality developer in Wood Partners and grow our footprint in Seattle,” said Brendan Whalen, managing director at ParkProperty Capital. “This will be our second investment in Seattle where we see a lot of opportunity given the continued growth and high quality of life in the metro.”
Wood Partners will handle property management upon Alta North Capital’s completion.