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IHP Capital, Intracorp Plan Development on Seattle Infill Site
Newport Beach, CA-based IHP Capital Partners and Intracorp formed a JV in the acquisition of a 1.5-acre unimproved site in Seattle for the development of a new 62-unit urban infill community. Located between the North Beacon Hill and Mount Baker neighborhoods, the project will bring 58 townhouses and four live-work units to the market.
IHP Capital Partners’ Reneé McDonnell says, “These new townhomes are designed to reflect all that the city of Seattle has to offer and appeal to residents looking for an active lifestyle.”
Development is underway between South Plum Street, South Hill Street, and 24th and 25th Avenues. The first residences are expected to be ready for purchase in mid 2021. The two- and three-story homes will offer five floorplans featuring two to three bedrooms. The majority of the homes are designed with full-floor master suites, and half of the units will have roof decks that offer expansive views.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
- ◦Sale/Acquisition


