Seattle & Northwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
225-Unit Seniors Housing Development in Issaquah Breaks Ground
The Springs Living, a senior housing and care provider operator, recently broke ground on a 225-residence senior living community in Issaquah Highlands, its first in the Seattle region.
As The Springs Living’s 24th community, this development responds to the growing pressures across housing, as Washington’s aging population and constrained housing supply are placing increasing pressure on care and caregiving systems.
The Springs Living owns, develops and operates 23 communities across Oregon, Southern Washington and Montana. The new community is designed to provide walkable access to parks and trails. It will include 225 residences across a full continuum of care, offering 114 independent living units, 84 assisted living units, and 27 memory care apartments. The four-story community, located in the Issaquah Highlands near Gateway Park and adjacent to Swedish Issaquah, is expected to open in late 2028.
The project design is a collaboration between Mackenzie and GBD Architects. The property is being developed with PMB, with Harrison Street as the capital partner and Huntington Bank as the lender. Exxel Pacific is overseeing the project’s construction.
Photo credit: Pink Media Productions