For information on current entitlements and development details, please see the document library.
Interbay Development is a 47-unit development site with MUP located at 2235–2241 15th Avenue W, Seattle, WA 98119. This offering provides buyers the opportunity to purchase the property free and clear of existing debt. This offering is priced at $2,500,000.
Blocks from Expedia’s New Campus: Expedia began moving its world headquarters from Bellevue to Seattle in Fall 2019, with an anticipated 4,500 total new employees within a few blocks of the Interbay Development by early 2020.
Vested before HALA: Break ground in 2020 and save hundreds of thousands of dollars on impact fees with the Master Use Permit ready for issuance.
The Perfect Unit Mix: A thoughtful mix of market-rate and efficient SEDU units, all benefiting from significant rent growth potential.
Located just 15 minutes northwest of Downtown Seattle, Interbay was long an industrial area that marked the boundaries of Queen Anne and Magnolia, and provided traffic a direct route to Ballard. But today, the neighborhood tells an entirely different story and stands as a destination of its own.
While easy access to Ballard, Queen Anne, Fremont, and South Lake Union is an appealing prospect for those who call Interbay home, growing live-work-play offerings within this micro-market are attracting new residents — and keeping them there. From Whole Foods to a brand new Home Good store, Interbay’s retail complexes are a destination for all Seattleites.
Expedia Moves to Seattle
Expedia is currently in the process of moving its corporate headquarters from Bellevue to a 40-acre campus along the waterfront, which will bring an additional 4,500 employees within a five-minute drive from the Interbay Development.
Surrounding Interbay, Fremont, South Lake Union, and the Central Business District flaunt other major employers such as Amazon, Google, and Facebook. This easy access will be bolstered by the future Ballard light rail extension, arriving at the Interbay Development’s doorstep by 2035.
Avg Household Income (1 Mile)
Population (3 miles)
Median Age (1 mile)
Walk Score - Very Walkable
Kidder Mathews is the exclusive Listing Brokerage for this Offering. Dylan Simon, Jerrid Anderson, and Matt Laird are exclusively representing the Seller in the sale of the Interbay Development site.