We've been taking a look at the rise of microhousing in Seattle. Tiny apartments that offer cheaper rent for less living space have been popping up in high demand neighborhoods like the University District and Capitol Hill. Some residents have voiced concerns over the new developments, fearing they skirt zoning laws and create too much density too quickly. Today, KUOW's Jeannie Yandel takes us inside a micro apartment. Also, we'll talk with Seattle microhousing developer Jim Potter.
As the cost of living continues to rise in the city, people are finding it harder to find an affordable place to live. To accommodate the demand, developers are building microhousing -- tiny studio apartments with private bathrooms that share a kitchen with other units. The microhouses boast affordable living in high-demand neighborhoods such as Capitol Hill and the University District. However, residents in some neighborhoods fear the developments skirt zoning laws and create too much density too fast. City Councilmember Tom Rasmussen is considering legislation that could put new restrictions on microhousing. He joins us to explain.
The 12th Avenue Arts project will transform a Seattle Police Department parking lot into one of Capitol Hill's newest multi-use buildings. In addition to retail and apartments, the building will include two theaters and office space for three small theater companies.
Originally published on Thu February 7, 2013 3:41 pm
DONNELLY, Idaho - The real estate crash triggered some big bankruptcies in the Northwest, but few are as spectacular and convoluted as the foreclosure of the unfinished Tamarack Resort in western Idaho. What was supposed to be the Northwest's newest destination resort remains in extended legal limbo, but plucky homeowners are keeping it alive until a new buyer arrives.
The housing market is showing signs of recovery and construction has started once again on developments delayed by the recession. That doesn’t mean everyone is in good shape. Many homeowners remain underwater, with home values nowhere near the purchase price. Then there are the questions about refinancing or buying something new. Real estate and housing experts Richard Hagar and Linda Taylor are here to help. Call 206.543.5869 with your questions or send us an email at email@example.com.
The Seattle Housing Authority is preparing to redevelop Yesler Terrace, a 30-acre site that houses 1,200 low-income residents near the city’s downtown. Vulcan Real Estate is one of two private companies competing to become the lead development partner. The Seattle Housing Authority Board is scheduled to choose the winning bidder today.
In Downtown Seattle, near where the Fairmont Olympic Hotel now stands, history was made back in 1861. The University of Washington was founded at this spot by a small group of local boosters, with the blessing of the Territorial Legislature. Seattle pioneer Arthur Denny donated the land. A single hall was built that housed the UW during the school's early decades, but the UW outgrew its first campus, and had to move and leave behind the old downtown site.