Midtown Square Project in Seattle’s Central District is in Prelease Phase

Lake Union Partners (LUP) along with partner HAL Real Estate is now pre-leasing apartment homes and commercial shops at its new Midtown Square project in Seattle’s Central District. Located on the corner of 23rd Avenue and E. Union Street, the seven-story multifamily building within LUP’s soon-to-open Midtown Square development features 432 mixed-income apartments.

The unit mix is 157 studios, 216 one bedroom, 51 two bedrooms and eight row houses with 130 affordable housing units including both Seattle’s Multifamily Tax Exemption and Mandatory Housing Affordability programs. Since pre-leasing recently began this fall, more than 100 apartment homes are already leased.

“Throughout this project we’ve worked to connect with the Central District neighborhood to do good work with the design plus placemaking and to include the local community in all phases of the development,” said Cait Carew, principal at Lake Union Partners. “As Midtown Square nears completion, we’re excited to have a building that the residents of the Central District played a role in creating and are pleased to be offering new homes that make high-quality apartment living in the central area of Seattle more attainable.”

The full-city block project made history in 2017 when the project team announced it would sell 20 percent of the site to local nonprofits Forterra, Community Roots Housing and Africatown Community Land Trust to help encourage black ownership in the neighborhood.