LAUREL VILLAGE

4200 Mary Gates Memorial Dr NE, Seattle, WA 98105

Laurel Village, is an existing 80-unit family facility, expected to be demolished by November 2025 and replaced with a 341-unit graduate and student family apartment-style complex with a targeted completion date of Spring 2028.

Construction Timeline (estimated): November 2025 Start, Summer 2028 Delivery

Affordable Units: 33 units (25 2BR and 8 3BR) will be designated for eligible UW student families and leased at rates that are 30% of 50% of AMI in accordance with HUD guidelines established for King County, WA.

Demographic: UW Students, UW Faculty, UW Staff, UW Medical Center and Seattle Children’s Hospital Employees

Lease Type: The property will offer 12-month lease terms on a per-unit basis.

Amenities:

• Public amenities include a childcare center, immediate access to mass transit, a short walk to the Burke-Gilman Trail (<0.2 miles), proximity to the UW Campus (<1 mile), and direct adjacency to the UW Horticulture Center that includes walking trails along Lake Washington

• The project is heavily amenitized with features that cater to the graduate student experience:

  • Clubroom with indoor and outdoor spaces and views of Mt. Rainier and Lake Washington

  • Study lounge with open area seating, conference rooms, and private study booths for group or individual work

  • Fitness areas that support weight, cardio, high-intensity, and yoga training

  • Indoor Sport Court for basketball and pickleball

  • Lounge and children’s playroom overlooking the sports court

  • Outdoor gathering spaces, including BBQs, green space, lounge zones, and a dog run

Design Themes: “PNW Rural” architecture and massing inspiration, with the target elements including

• “Modern Cabin Vibes” – authentic, earthy, wood-rich spaces, cozy

• “Artisanal Expression” – warm, wabi-sabi, hand-crafted

• Echoes themes of the Pacific Northwest, creating a relaxed, sophisticated atmosphere that’s adult and kid friendly