This market segment feels super durable to me. Large Luxury homes in the best neighborhoods are always going to have a market and competing in the space isn’t so easy, design and execution needs to be perfect. Vs the dense THs options right now are getting crushed

I was really disappointed to get the email from transit riders union opposing the MFTE updates. And coversely really proud of Rinck for supporting amendments that are actually gonna help house more ppl.

We really need more of this pragmatic focus on outcomes and less virtue signalling.

Juarez coming in clutch at the 11th hour to flip D5 from nimby to YIMBY 👏👏

That is crazy. Maybe they are thinking 1.5M$ a townhome for a $40M project for an easy and risk adjusted profitable project

This would be so much better. Land use should always be set at the state level.

I saw this myself. I lived in the Othello urban village and walked to the othello link stop most weeks. I built an ADU in my backyard and for the last 2 years have been renting it to a black family. I then moved out of the main house and sold it to another black family.

Density gives ppl options!

Is this a 2nd consent package they are trying to work on and they already passed the first?

Def the best strategy, but requires funding, letting the Davison fine some ppl doesn’t require new funding.

Yes! This would be so fun to do. I’ve always been inspired by your single stair builds. I want to build one to live in.

Depending on the neighborhood might need an elevator though. The kids in UDistrict can hike… but in QA, I wonder🤔

I would def consider it. Especially if the proform worked for keeping the stacked flats as rentals.

That'll be an interesting question. Will the 1.6FAR be applied to the whole project or only for for stacked units. Doing a mix could be interesting. Would reduce the risk especially if taking advantage of the 2 floor + 1st level parking exemption the state leg gave us. Wouldn't market risk thi

Won’t be feasible on alleyways at least most alleyways in the city since they’re unpaved, but still should expand the viability of flats like crazy.

I would still only do them as Rentals until the market comes around to these though

Yeah this is amazing I cannot wait to use this. Could do 6 1200sqft units on a 5000sqft lot across 3 stories and still have room for 4 parking spots in the back

hmmm bummer that none of the bonuses got into the chair package. Makes me wonder if anything is gonna get it...

Sent! Thank you for putting this letter together!

True true, It’s only because we are extremely under supplied that ppl are willing to settle for the skinny townhomes instead of something better.

That would be really helpful, I think it’s the Strauss amendment that requires 10-15’ on a side for large species trees

Not everyone preference, but lots of demand for this location. I would bet if 20 more could be built tomorrow they’d fly off the market for ~1M$ a piece.

This is a townhome development in Greenlake you’re looking at the back doors of these units. And if you live here you’re across the street from one of the best parks in the city.

Industry talking points… :)

So much AI slop 😅

The way I read these amendments you basically have to put 2 medium/large species trees in the front setback. If you have a driveway there you might not have the required area dimensions.

Feels incredibly over perspective to me.

State laws are mess. And set perverse incentives for HOAs to sue. Reforming these laws will allow much better urbanism.

yeah! the ADU being exempt from FAR is amazing. And this siteplan for rental is amazing. For sale I am a little more nervous to have no parking

yes! AMR amendment is sooo important. Because doing more than 2 primary units triggers alley way improvements that destroy projects. So we have to do 2 units + 2 ADUs to avoid the massive street improvement project reqs. And if we can do 1,200 SF ADUs that means alleyways will be buildable again

Yeah the amenity requirements are really really bad. And totally unnecessary. It's suburban thinking to mandate open space on dense urban lots.

Just wait till this line gets used…

“I’m not opposed to building just not in Maple leaf… you see my neighborhood… my backyard is extra special. We couldn’t let new people ruin it for us could we?”

So exciting to see! Thoughtful change relentlessly pushed forward 👏👏👏👏

Now we get to see which way CM Juarez leans on housing

Telo truck will replace these