Caydon Property Group have officially received the green light to move ahead with their first U.S. west coast residential project, after approval was granted by the Seattle East Design Review Board for a 28-story mixed-use tower.
Due to launch in mid-2018, the 98-metre tall Trinity Parish project occupies a 1782sq m site within a rapidly developing part of Seattle – zoned predominantly for high-rise residential development – and will be home to more than 204 apartments.
Designed by architecture firm Solomon Cordwell Buenz, the development will retain the 19th century Episcopal church Trinity Parish, which is recognised as a key cultural anchor of the neighbourhood.
A new church hall will relocate to the lower levels of the new 28-story tower, along with an art gallery and coffee shop. The project will also feature six-storeys of below ground parking, landscaped open space and a ground level designed to “enhance walkability”.
Apartment projects are rare in Seattle’s residential market – no apartment developments were launched to market in 2017. Melbourne-based developer and Principal of Caydon Joe Russo told The Urban Developer he sees the dearth of condo projects as an opportunity for Caydon.
"Being surrounded by the bay and mountains and with only 87 condos on the market at the moment, Caydon recognised the need to address Seattle’s growing population [and] demand for ownership.
“The answer was to find the right property to bring our expertise in high rise development and create a community that strengthen the city's identity and soul," Russo said.
Caydon recently broke ground on another build-to-rent residential tower, “2850” situated in Midtown, a budding neighbourhood in Houston, Texas.
Designed by Houston-based Ziegler Cooper Architects, the project will feature 27-storeys comprising 357 apartment units. The build-to-rent project intends to bring the Melbourne liveability to Midtown and proposes European-styled interiors and ultra-modern amenities. Amenities include an expansive pool with swim-up bar, yoga studio, dog park and sky lounge with Downtown views.
The developer is currently scoping for further opportunity in Houston and Seattle, as well San Diego.