UPDATE: Market Wired confirms that the Jasper has been sold for $29.4 million, not the $29.3 million previously reported.
It seems like only yesterday the old Jewish Community Center sat lonely, unkempt, and falling apart between NE 86th St and NE 87th St. Only yesterday that a developer, Murray Fraklyn, had planned to build condos on the site. Only yesterday that the Wedgwood Action Group successfully negotiated with Murray Franklyn to adjust the building’s transition to the adjacent single-family neighborhood. Only yesterday, the property sold to Woods Partners for $3.35 million. Only yesterday that Wood Partners and Exxel Construction broke ground on the new apartment building. Only yesterday that the name “Jasper” was unveiled out of respect for the history of the Wedgwood name. And only yesterday that the Jasper Apartments officially opened.
According to the Puget Sound Business Journal, reports are that Wood Partners sold the new apartment building to an LLC (limited liability company) known as “Jasper 91″ for a cool $29.3 million. For those scoring at home, that’s $25.95 million more than the site was purchased by Wood Partners from Murray Franklyn, which doesn’t account for the costs for final design, permitting, construction, and management. Nevertheless, that’s a nice chunk of change for Wood Partners’ first development in the Puget Sound region.
A look back at our Photosynth series throughout the development follows:
The old JCC site before demolition.
The JCC post demolition.
The new Jasper going up.
The Jasper taking shape.
The Jasper opened for renter.
“We are impressed with how well Jasper has been received, but not necessarily surprised, since a lot of people are starting to discover the wonders of Wedgwood and this is the first new luxury product the neighborhood has seen in a long time.”
Nice words from Steve Orser with Wood Partners, the developer of the Jasper apartment building, on the Wall Street Journal’s Market Watch website today. According to the article, tomorrow will be the official opening of the new apartment building which is nearly 50 percent pre-leased.
You can see photos from our tour of the Jasper from the end of May here.
We haven’t posted an update on the Jasper Apartments since February, shortly after the name was released. A lot has happened since then though. There are sidewalks along NE 86th and 87th Street! The Jasper also has a temporary leasing office along NE 86th Street, a new website, and a Facebook page!
The Jasper Apartments at 8606 35th Ave NE are still under construction but people are clamoring to pre-lease, according to Rose Manos, rental representive at Indigo Property Management. A rental office in a trailer has been set up on NE 86th Street. On duty on Saturday, March 31st, was Christina Koski of Indigo.
Jasper, Wedgwood’s soon-to-be newest apartment building, has been remains largely under a “veil” as work continues. However, part of the veil came down this week unveiling a glimpse of what the finished Jasper building will look like.
More news on the project, including how the name “Jasper” came to be, can be found on an earlier post HERE.
Note: Viewing the Photosynth image requires the Silverlight plugin.
Harking back to the “origin of Wedgwood,” Wood Partners has unveiled their chosen name for Wedgwood’s new apartment building at 35th and 86th, according to Wood Partners. Jasper is scheduled to be completed in July 2012 and is’ announcement. Jasper will have 91 units, 7 of which will be live-work units along the ground floor. It is being built to Built Green Standards and will feature Energy Star appliances, a roof deck and fitness center.
Why Jasper? We chose the name Jasper to connect directly to the origin of Wedgwood. The neighborhood was named in the 1940s by its developer, Albert Balch, to honor his wife’s favorite English china-maker, Wedgwood. A direct descendant of 17th-century New England settler John Balch, Albert paid tribute to his heritage by originally designing the houses in the Cape Cod style; all purposely being distinctive in some way.
Jasperware is a type of stoneware first developed by Josiah Wedgwood. Noted for its matte finish and produced in a number of different colors, of which the best known is a pale blue hue that is now recognized as ‘Wedgwood Blue.’ Look above and you’ll see the color directly reflected in the Jasper logo.
In other Jasper news, Wood Partners has also informed the Land Use Committee that they have chosen Indigo Real Estate to manage the apartment building. Indigo manages several apartment communities in Puget Sound, including the TraVigne and Landes apartments in Seattle.
The Wedgwood Apartments project continues to unfold before our eyes at a seemingly rapid pace. Turns out, it’s all according to plan. According to the project superintendent at Exxel Pacific, the project is still on schedule for a July 2012 completion. As for the name of the project, the owner still hasn’t settled on a name for Wedgwood’s newest apartment building. This begs the question (even though Wood Partners didn’t ask it), what would you name it?
A Photosynth of the project can be found below (requires the Microsoft Silverlight plugin).
On Tuesday, December 6th, several City staff and councilmembers met with WCC trustees, members of the Wedgwood Land Use Committee (WLUC), and members of the Ravenna-Bryant Community Association to discuss the Vision Plan and how to achieve several of its stated goals. We were fortunate to have been accompanied by:
- City Council President, Richard Conlin and his legislative aid Elaine Ko;
- Councilmember Sally Clark, who chairs the Committee on the Built Environment;
- Karen Ko with the Department of Neighborhood;
- Jim Curtin with Seattle Department of Transportation; and
- Chip Nevins with the Seattle Parks Department.
The WLUC requested the meeting to discuss the Vision Plan and what we hope to initiate in 2013, which is a neighborhood discussion of land use along 35th Ave NE. While the Vision Plan identifies some extremely useful general themes and shared goals, there is not enough detail within the document to make planning-level decisions for the neighborhood. Therefore, the Vision Plan’s first two suggested actions are:
- “Undertake a neighborhood plan that includes a review of current zoning standards and design guidelines with the City Department of Planning and Development. Revise development standards as appropriate in accordance with community preferences established in the neighborhood plan.”
- “Work with Seattle DPD to establish neighborhood-specific design guidelines that direct new development.”
Since the unveiling of the Vision Plan in 2010, these two suggested actions have been the Wedgwood Land Use Committee’s two primary objectives. Typically though, neighborhoods that pursue these two tasks are identified as “Urban Villages,” a classification within the Comprehensive Plan for neighborhoods that have been designated to accommodate more density. Given that Urban Villages are population dense, the City can justify funding the development of these neighborhood planning tools, or updates to these tools. Along with great potential for City funding, the Urban Village classification has a more defined path for Council approval of these tools. Therefore, over this past year, the WLUC has been meeting with councilmembers, talking with City staff, and brainstorming with Planning Commission members to identify a process to develop and obtain Council approval of these neighborhood planning tools.
During Tuesday’s walk, we shared our general process for completing these land use planning tools. We also discussed a lot more as well…too much in fact to go into great detail in a single post. However, during our walk we showed the City the new Wedgwood Apartment project that’s quickly taking shape at the former JCC site. We showed the City the Morningside Substation that the Parks Department is in the process of acquiring on our behalf (which requires Council approval). We discussed current zoning designations along 35th Ave NE relative to the goals described within the Vision Plan. We discussed the potential development of design guidelines and a streetscape plan for 35th Ave NE. We discussed traffic issues along 35th Ave NE (in front of the Post Office) and at the intersection of NE 75th Street. We discussed pedestrian safety issues, such as sidewalks and a crosswalk at NE 80th Street. And we showed off Wedgwood’s favorite Christmas tree lot and new gathering place, including the new Wedgwood Emergency HUB, where Councilmember Clark is planning on picking up her tree this year from.
It was an excellent opportunity to share the goals of the Vision Plan, discuss our identified process, and receive feedback from councilmembers and City staff. They all had extremely encouraging things to say about the work of our community. We are eager to share this process and proposed timeline with the community in January at our next community meeting on January 11th. More details and specifics on the meeting will be shared shortly. In the meantime, feel free to email if you have any land use related questions.
I’ve gotten a bit off of my quasi-monthly schedule of providing photo updates on the former JCC site/Wedgwood Apartments redevelopment. Nevertheless, this is what I’m calling a November update.
The external structure of the building is nearly complete with most of the 4 stories framed and sheeted. Residents in the neighborhood and passer-byers can now get a feel for the finished size and scale of the building. This is Wedgwood’s first mixed-use residential building. Now that the building is beginning to take its final form, we’d love to hear your thoughts of the building. Please share your thoughts in the Comment Section below.
A couple of important things to remember about the building:
- The building will not always be as yellow as it is now.
- There will be NO “retail” in the building, only “live work” units.
- The building will be apartments, not condos.
For a virtual tour of the site, check out our PhotoSynth below. (requires Microsoft Silverlight to view)
As of December 4th:
Previous updates can be found for September, August, July, and June. Also, HERE is the link to the Wedgwood Action Group’s (WAG’s) blog. WAG is a community group which is not associated with the WCC and which was/is opposed to the Wedgwood Apartment’s project.
Okay, I know it’s well passed September now but play along if you would. Here’s a photo update of the Wedgwood Apartments from October 8th (early October or close enough to call September). Enjoy!
Note: Requires the Microsoft Silverlight Plugin to view the Photosynth.