Demolition is underway at 417 Second Ave. W. in Uptown, where a 1960s office building will be replaced with a six-story, 95-unit apartment building.
Seven of those units will be affordable under Mandatory Housing Affordability requirements.
Canadian owner Hycroft Investment Inc. purchased the midblock property in 2017 for $6.1 million. Johnston Architects designed the new building, and R. Miller Inc. will build it.
The unnamed project passed through design review earlier this year. All necessary permits were issued by October.
Underground parking, to be accessed from the alley to the west, will have 57 stalls. A bike room will have 36 stalls. Two retail bays with about 4,550 square feet, both now indicated as restaurants, will face Second. Total project size, including the parking, is about 84,930 square feet.
The site is immediately south of the recently completed 128-unit Zella, in an area that continues to see many new apartment projects. Uptown is roughly equidistant between the South Lake Union tech hub and Expedia's new headquarters in Interbay.
The 417 Second team also includes Karen Kiest Landscape Architects, Robin Chell Design,
interiors; Sider + Byers, mechanical and plumbing engineer; AWA Electrical, electrical; Pangeo, geotechnical engineer; LPD Engineering civil; CT Engineering, structural; Terrane, surveyor; and Bee Consulting, building envelope.