Seattle & Northwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Seattle & Northwest  + Seattle  + Apartments  | 
Verde at Esterra Park Net-Zero Project Opens in Redmond WA

Net-Zero Multifamily Project Opens in Redmond

The first phase of Verde at Esterra Park, a sustainably-designed apartment property, is welcoming new residents into its 345 just-completed units in Redmond, WA. The project is both carbon-neutral by design, and according to a news release, also focuses heavily on the eco-conscious choices by residents to extend green-design into green-living.

“Building to the latest in sustainable design, LEED Zero Carbon, is a big step in itself, but we also thought Verde would attract residents who want to adopt a low carbon lifestyle and put their spending power and daily choices to good use,” said Mike Hubbard, Principal of Capstone Partners, the community’s development firm. Sixty-five percent of all-electric Verde has already been leased.

The 291-unit second phase of Verde will be the last component of the 2.8-million-square-foot mixed-use Esterra Park development which began in 2013. When complete, the project will include 2,600 apartments, 245,000 square feet of office space and a hotel.


Inside The Story

Capstone PartnersVerde at Esterra Park

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

  • ◦Development
New call-to-action
New call-to-action