Marketing Description:

Snohomish Terrace is a rare opportunity to acquire and develop a large mixed-use residential project in the heart of Snohomish, Washington; a suburb of Everett, WA located only 30 miles from downtown Seattle and 25 miles to Bellevue, WA.? The zoning was recently changed to allow for higher density projects with building heights up to 45’ with the potential to increase to 55’ if 10% of the units are affordable.? Conceptual designs have shown the ability to accommodate a variety of mixed-use product types, including the potential for hundreds of residential units and supporting commercial uses (buyer to confirm).? The property lends itself well to phasing construction of the project with an upper terrace on Avenue 'D' and a lower terrace on Bonneville Avenue.?