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LYNNWOOD, WA (August 15,
2013) - On August 12, 2013 the Lynnwood City Council approved the
development agreement with Lynnwood City Center Senior Living Associates
Limited Partnership for the City Center exemption of the Transportation Impact
Fee. The 308 unit development is the first to qualify for the City Center
exemption
 In order to support Lynnwood City Center redevelopment objectives, the City also provided a streamlined permitting process. Below are the project timelines thus far:
- City Center SEPA Planned Action Environmental Review: (Under 2 weeks)
- Project Design Review: (Under 2 months)
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City Center Transportation Impact Fee Exemption: (Under 1 month for City Council approval)
The project was submitted to the City in May 2013 and construction is anticipated to begin Fall 2013.
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The Lynnwood City Center Senior Living development will be
located in the City Center-Core zone at 19501 40th Avenue West. The project
provides a total of 308 residential units in an eight story building including two
levels of underground parking, public plaza space,
rooftop gardens, open space, and
community rooms.
The development is sponsored by the
Senior Housing Assistance Group (SHAG), Pacific Northern Construction Company,
Inc., and Steve Smith Development. The project architect is Morgan Design
Group, LLC.
About Lynnwood City Center
Lynnwood City Center is in the
only Puget Sound Regional Council (PSRC) Regional Growth Center along Interstate 5
between Seattle's Northgate area and Everett. City Center
will provide new high density development, pedestrian and bicycle
connectivity, streets, parks and open spaces. The Lynnwood City Center
accommodates new population and employment growth, and is home to the Lynnwood
Convention Center and transit opportunities including the Lynnwood Transit
Center, expansion plans for Sound Transit’s Light Rail system (Lynnwood Link)
and future bus rapid transit. To learn more, visit www.ci.lynnwood.wa.us/CityCenter
About Lynnwood Economic Development
Our Mission
is to serve as a catalyst for economic development that provides healthy
businesses, quality employment opportunities and sustainable city revenues and
to foster economic vitality through programs and projects necessary to
implement economic development policies.
To learn more, visit http://www.ci.lynnwood.wa.us/EconDev
About City of Lynnwood
Incorporated in 1959, Lynnwood is the
economic hub of South Snohomish County. Situated at the convergence of
interstates I-5 and I-405, Lynnwood’s accessibility, variety of housing and
employment options, colleges and outstanding park system, attract a wide variety
of businesses and residents. For its diverse population of more than 36,000,
Lynnwood is a great place to live, work and play. Lynnwood Moving Forward: Our
Community Vision – the City will be a regional model for a sustainable, vibrant
community with engaged citizens and accountable government. Lynnwood is…a great deal more! http://www.ci.lynnwood.wa.us/
Contact
Janiene Lambert, City
Center Program Manager
Email: jlambert@ci.lynnwood.wa.us
Phone: 425-670-5045
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