- Finalist, 2021 Affordable Housing Development of the Year (Coronado Springs Cottages) | NAIOP Washington State
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.
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)
To find out if this property is currently accepting applications, please contact Coronado Spring’s management office at 206-244-7700. Income and other restrictions apply.
Coronado Springs is located at 1400 SW 107th Street in Seattle, WA. Click here for a map.
For general information about living at a BRIDGE property, click here.