Coronado Springs

1400 SW 107th St.
Seattle, WA 98146

Partners

Rehab Architect: SMR Architects (Cottages & Tower)
Rehab General Contractors: Deacon (Cottages); WG Clark (Tower)
Financial Partners: Umpqua Bank, Enterprise (Cottages); Bank of America, Key Bank (Tower)
Property Manager: Avenue 5

BRIDGE acquired the affordable 332-unit Coronado Springs located in Seattle, Washington.

Coronado Springs provides 332 apartment homes affordable to families earning between 50% and 60% of the Area Median Income. Originally built in 1966, the property comprises 183 units in a 9-story tower and 149 units in one-story cottages. Property amenities include a fitness center, laundry facilities, children’s playground, and a lake with walking trails and picnic areas for residents’ use. BRIDGE acquired Coronado Springs in July 2016 and plans to rehab the property ensuring the development continues to perform as high-quality affordable housing in the coming decades.