Home sales success grows among three Seattle Housing Authority communities

SEATTLE—March 3, 2005—While Polygon Northwest is succeeding in selling Othello Station homes as fast as they can be brought to market, other local home builders are preparing to make their own contributions to the inventory of new homes in SHA's master-planned Seattle communities.

At Othello Station in NewHolly, Polygon Northwest has already sold 30 homes since it opened its models in mid-January. On Saturday, March 12, Polygon Northwest will release the first of its townhome designs at Othello Station. According to Polygon sales manager Christine Woodcock, “Many buyers have been priced out of Seattle for a long time and they also don’t have the choice of new homes that can be found in the suburbs. Othello Station is a wonderful answer.”

Polygon Northwest will release their next single-family homes on March 26 and several people already have a place on the reservation list.

Bennett-Sherman LLC, a collaboration between Bennett Homes and Sherman Homes, is also building 22 homes at Othello Station. Their offerings will be along the western edge of the neighborhood, bordering open space. Construction is underway on five of these homes and a sales center is now located at Othello Station. As shown in the picture included here at left, Bennett-Sherman is offering larger homes than Polygon, yet one s that still fits well with the design guidelines that SHA set for the neighborhood.

Two companies that are experienced neighborhood builders have also recently purchased land at High Point in West Seattle and Rainier Vista in the Rainier Valley. Saltaire is a local company that has done considerable work in the West Seattle and Queen Anne area. This company has recently purchased home sites at High Point, where they will build 14 townhomes designed by Mithun Architects. Construction is expected to begin by this summer.

At Rainier Vista, Travelers Company has recently purchased building sites where they will construct 8 townhomes. These will be located on the large park in Phase I of Rainier Vista, on the west side of MLK, Jr. Way. Design plans for these town houses are currently under review by SHA. This minority-owned firm is experienced in home construction projects in the Central Area. They expect to begin construction in early summer.