Construction

Quarterra, QuadReal Start Construction on Seattle Project

by Jackson Chen

Quarterra Multifamily and QuadReal Property Group have broken ground on their third multifamily project together in the Seattle area. The joint venture completed the subsurface work and started vertical construction on The Piper Apartments, which is expected to see its first move-ins in mid-2024. The community is then expected to be fully complete three months after welcoming the first residents.

The joint venture tapped Encore Architects to design the project, Gensler as the interior designer and BCQ as the project’s structural engineer. The developers also tapped McCullough Hill Leary as the land use attorney, while Weisman Design Group will be the landscape architect. The Piper Apartments also secured an undisclosed amount of debt financing from JP Morgan Chase & Co.

Read Jackson Chen’s article in Multi-Housing News.

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