Gerding Edlen People Planet Prosperity

118-unit, LEED Platinum Mixed-use Apartment Building

Barclay Broadway, located at 412 Broadway St. in Seattle, Washington was acquired in 2011. Gerding Edlen developed the site into a 118-unit, 132,000 sq. ft. mixed-use apartment building with 6,000 sq. ft. of retail. The property was completed in 2012 and provides a mix of unit types and floorplans, ranging from studios to two-bedrooms, and received a LEED Platinum certification. Barclay Broadway is centrally located in the First Hill neighborhood of Seattle—a transit-rich, commercial corridor in close proximity to the shopping and financial districts of downtown Seattle and the Capitol Hill neighborhood. The property is in walking distance to Seattle University and three major hospitals. Gerding Edlen Management oversaw the lease-up and operations. Gerding Edlen successfully built, leased, and managed the property, which was sold in 2015.

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Barclay | Broadway

Location: Seattle, WA
Type: Mixed-Use
Certification: LEED Platinum
Square Footage: 132,000
Property Completion: 2012
Owner: Green Cities I, LP

- 118 residential units with 6,000 sq. ft. of retail
- Centrally located in Seattle’s First Hill neighborhood, within walking distance to Seattle University and three major hospitals—Swedish Medical Center, Harborview Medical Center and Virginia Mason Medical Center—that collectively provide over 25,000 jobs in over 8 million sq. ft. of medical office space
- Nearby alternative transportation options include bus lines, the Seattle Streetcar line, which stops immediately in front of the building along Broadway St., and the new Link light rail station at Capitol Hill, approximately ten blocks from the building
- Amenities include a conference room, fitness center, rooftop deck with kitchen and fire pit, a bike room with 49 parking spaces and workstation and dog area with dog wash
- Sustainable features include a solar hot water system that provides for 40% of the building’s annual hot water needs, locally-sourced wood for framing and highly recycled content insulation
- Units feature highly recycled content flooring, water-efficient fixtures, Energy Star-rated appliances and non-toxic finishes
- Artwork in the building features a set of 12 posters by local artists and designers that embody the values of sustainability, community and transportation alternatives, and a 30-foot graphic mural of the Seattle skyline that features current and historic landmarks

Livable
Place Index™

Green Cities Fund II & III

Planet

2017 Annual Savings

Energy
20.3 million kWh
(1,495 homes)
Air
7,778 metric tons CO2
(1,636 cars)
Water
20.2 million gal
(1,009,980 million showers)