@katiiegotbandz:

Katie Shaughnessy
Katie Shaughnessy
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Thursday 23 July 2020 01:42:19 GMT
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🏗️ One of Lynnwood’s biggest development projects is still mostly dirt, seven years after getting the green light. Northline Village, the massive 19-acre mixed-use project next to the Lynnwood City Center light rail station, remains stuck largely in its infrastructure phase. Here are the details:
• 🏠 Plans call for 1,369 new housing units.
• 🏢 The development could eventually include 500,000 sq. ft. of office space.
• 🛍️ Another 250,000 sq. ft. of retail is planned.
• 🚈 The 19-acre site sits directly next to the Lynnwood City Center light rail station.
• 🚧 Work so far has largely focused on sewer, water, power and roadway infrastructure.
• 💰 Rising construction and material costs have made financing the massive upfront infrastructure investment difficult.
• 📅 The developer now says one or two building lots could be completed within the next three years, but full buildout could still be years beyond that. Meanwhile, Lynnwood’s population has grown from roughly 38,000 to 43,000 in just five years, increasing pressure to add more housing, especially around major transit hubs. Do you think Northline Village will eventually live up to its original vision? 👇 🏡 Have real estate questions, or looking to buy or sell a home in Seattle or the outlying suburbs? 😃 I’m happy to help! I’ve been a licensed Realtor for 10 years now and love helping people make the move in and around the Seattle metropolitan area.  👆 Feel free to click the link in my bio to get started.
🏗️ One of Lynnwood’s biggest development projects is still mostly dirt, seven years after getting the green light. Northline Village, the massive 19-acre mixed-use project next to the Lynnwood City Center light rail station, remains stuck largely in its infrastructure phase. Here are the details:
• 🏠 Plans call for 1,369 new housing units.
• 🏢 The development could eventually include 500,000 sq. ft. of office space.
• 🛍️ Another 250,000 sq. ft. of retail is planned.
• 🚈 The 19-acre site sits directly next to the Lynnwood City Center light rail station.
• 🚧 Work so far has largely focused on sewer, water, power and roadway infrastructure.
• 💰 Rising construction and material costs have made financing the massive upfront infrastructure investment difficult.
• 📅 The developer now says one or two building lots could be completed within the next three years, but full buildout could still be years beyond that. Meanwhile, Lynnwood’s population has grown from roughly 38,000 to 43,000 in just five years, increasing pressure to add more housing, especially around major transit hubs. Do you think Northline Village will eventually live up to its original vision? 👇 🏡 Have real estate questions, or looking to buy or sell a home in Seattle or the outlying suburbs? 😃 I’m happy to help! I’ve been a licensed Realtor for 10 years now and love helping people make the move in and around the Seattle metropolitan area. 👆 Feel free to click the link in my bio to get started.

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