Signified by the red pin, Alliance Realty Partners have submitted preliminary paperwork to turn 4745 40th Ave. S.W. into a 6-7 story building with 140 to 160 residential units, retail space and underground parking.
Canyonization continues with another 6-7 story complex proposed near Fauntleroy Triangle
As reported by the Daily Journal of Commerce (a preview of their story can be seen here), it appears another sizeable mixed-use apartment/retail project is on the horizon in West Seattle, and this one will be right next door to the peninsula’s largest project in history near the Fauntleroy Triangle.
Seattle Department of Planning and Development documents show Alliance Realty Partners Inc., based out of Phoenix, AZ, have submitted preliminary plans to build a six to seven story complex with 140 to 160 residential units, retail space at ground level and underground parking at 4745 40th Ave. S.W.
The existing building and parking lot will be demolished to make room.
There will likely be a design review process open to the public due to the size of the project, and we will keep an eye out for those details.
The proposed project is just west of a six-story building in the works at 4755 Fauntleroy Way S.W. that will include a Whole Foods grocery store, a chain drug store, 370 apartments and 570 underground parking spots.
Across the street the north, at 3922 S.W. Alaska St., is the infamous Hole where a stalled 2008 project has been recently resurrected as well. Madison Development is planning a seven story mixed-use building with a fitness center and 216 apartment units.
To offset the splurge of urban growth in the immediate area, Seattle’s City Council, in December, approved the Parks Department plan to purchase a portion of a vacant lot at 4731 40th Ave. S.W. (just north of the 4745 40th Ave. S.W. project) and turn it into a city park, paid for by the Parks and Green Spaces Levy.
“West Seattle, with all the development going on, is a little hard to get a handle on,” Parks property manager Donald Harris said to the city council on Dec. 6. “I think the whole idea of the Parks and Green Spaces Levy was recognizing of these urban centers to try and put open space and parks where density is going, and this couldn't be a better example of that.”