A Message from Lisa Brandenburg, SVP and Chief Administrative Officer, Children’s Hospital

I am pleased to share with you that we are in the final stages of an agreement with the University of Washington (UW) to develop a new multi-family housing project in the University District in Seattle. You may recall that the Major Institutional Master Plan that guides our campus expansion requires us to replace the housing lost due to the redevelopment of Laurelton Terrace.

This new housing will be located on the west side of 11th Avenue NE near NE 47th Street, just north of the UW Tower and to the northeast of our Roosevelt Commons administrative site. It will provide affordable housing options for employees of both the UW and Children’s and the public. Workforce employees for these organizations will have prioritized access to all units prior to making them available to the public.

The new housing offers many benefits for the community, including living areas located close to work sites and transit, and can ultimately help to reduce single occupancy vehicle traffic in the area. This project will provide at least 34 “affordable” units that will be rented to people who make 75 percent or less of the greater Seattle area median household income.

The UW will provide the land for approximately 200 units, and we will collaborate with them to select a developer after a competitive bidding process has been completed. We expect there to be a mix of unit sizes from studio to three-bedroom to provide a range of affordability and size to residents.

We expect design work to begin in 2012, construction in 2013 and the units to be available for occupancy in 2014. As the project develops, we will provide additional updates about this important project.