The city of Mountlake Terrace has posted it’s notice of intent to approve a 5-story mixed use project in the city’s Town Center neighborhood. The project will be located at the intersection of 236th St. SW and 56th Ave W. You may know the property as the “Terrace Dental Building”. AFCO & Son’s purchased the propery from the former dentist. The corner property as well as 6 surrounding properties (currently with houses) will be combined for this project.
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Here is a brief description of t project:
A site development plan to construct a mixed-use development in the Town Center. The proposal includes about 10,000 square feet of commercial/retail space, 123 leasable residential units, pedestrian activity area, a shared open space courtyard, landscaping, and two levels of under structure parking. Access to each garage level is from 236th Street SW and from 55th Avenue W.
The developer is expecting to begin construction later this year.
The property is being developed by a company called AFCO & Sons, a part of a Japanese company. The same company developed the 18-unit, 3-story complex just south of this property.
This is the property of a dentist living in Lake Forest Park. As I remember, he had hoped for higher stories for senior housing which didn’t happen. I guess this is the next best for him.
Very nice. This is great to hear. More development. Maybe it is a sign of growing growth from within MLT.
Good news. I hope this leads to more development around the Town Center.
I’m glad to see they are using underground parking. One of my big concerns with housing development is there always seems to be too little parking per unit. I haven’t seen any problems at their first location, so they are off to a good start.
Sure couldn’t look worse than the run down houses that are there now! 123 residential units seems like a LOT of units for that space, though.
Sure couldn't look worse than the run down houses that are there now! 123 residential units seems like a LOT of units for that space, though.