Emerald Pointe

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FOR SALE > DEVELOPMENT OPPORTUNITY

Emerald Emerald Pointe Pointe 13401 12TH AVENUE SW, BURIEN, WA

Emerald Pointe on the Sound is a proposed gated, multi-family residential development with up to 179 apartment units including a supporting clubhouse, with primary access from SW 136th Street in Burien. Site features include: 305 parking spaces, two-story clubhouse with outdoor pool, workout room, meeting room and other amenities. All plans, engineering studies to include a full blown EIS are 100% finished and are ready to submit for the building permit. Includes 64 one-bedroom units, 72 two-bedroom units, 33 three-bedroom units with 219,253 total net rentable square feet. Price: $4,900,000 ARVIN VANDER VEEN, SIOR Senior Vice President +1 206 654 0521 [email protected]

COLLIERS INTERNATIONAL 601 Union St., Suite 5300 Seattle, WA 98101 www.colliers.com

FOR SALE > DEVELOPMENT OPPORTUNITY

Emerald Pointe 13401 12TH AVENUE SW, BURIEN, WA

About Located at 13401 12th Avenue SW, in Burien, Washington, the proposed Project site is in the north-central portion of the City of Burien. The site, roughly one mile from downtown Burien, abuts the eastern border of Seahurst (Ed Munro) Park and encompasses three parcels, all owned by the Applicant, totally approximately 9.8 acres.

Description Site features include: 305 parking spaces, two-story clubhouse with outdoor pool, workout room, meeting room and other amenities. In total the clubhouse would provide approximately 5,400 square feet of usuable space for the manager’s space and common areas. Native vegetation would be retained where possible around the periphery of the site. A natural wetland in the northwest corner of the site would remain undisturbed, as would the 65-foot natural vegetation around it. Public pedestrian access would be provided for access into Seahurst Park.

Location Physically, the site sits on the upper part of the Puget Sound bluff, a moderately-to steeply sloped hillside facing westward towards Puget Sound with sweeping views of the water.