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Cantera Development Group Breaks Ground on Salmon Bay Luxury Project
Chicago-based Cantera Development Group broke ground on Terminal One Motor + Yacht Club in Seattle, a luxury collector garage and superyacht marina development on Salmon Bay.
The first phase of the project calls for 72 garage condominiums on the site of the former Time Oil Co. site. The project is a collaboration with architects Lance Mueller and Olson Kundig. Phase one features approximately 100 garage units across three buildings, as well as the FORUM, a common-area amenity building. The upcoming second phase, set to begin in 2028, will include 36 commercial condominium garages and 2,300 feet of yacht moorage with superyacht capacity up to 300 feet.
Realogics Sotheby’s International Realty brokers Neda Perrina and Jay Kipp are serving as the lead sales representatives for the project. “After years of planning, remediation, and design, it’s rewarding to see the physical development and the community of Founding Members advancing together,” said Mike and Doug Ciserella, Principals at Cantera Group.
