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(Image: Bait Shop)
The north end of Capitol Hill’s commercial core will reach to eight stories and change will come for a favorite neighborhood watering hole if plans take shape for a new mixed-use development on the northeast corner of Broadway and Mercer.
The planning could be the latest effort on northern Broadway to extend the street’s redevelopment wave — or part of packaging property along the street for potential sale.
The development team says there is no planned start date for construction and that they are very early in what would be a multi-year process of public design and review.
A representative for Mark Craig and Cascade Ridge Partners says the developer has begun planning for Broadway North, a proposed eight-story, 90,575 square-foot mixed-use building with around 121 apartment units, underground parking for 127 vehicles, “123 bike stalls and conveniences,” a rooftop deck, and “other residential amenities.” Street-level will include 10,000 square feet of street-level space for retail, services, and food and drink establishments.
It is possible someday existing commercial tenants Bait Shop and TRIBE Fitness could move back onto the block in the new project but the 1920s-era building they call home will be demolished to make way for the new development. Landlord and prolific Capitol Hill area property owner Redside Partners has informed its commercial tenants of the early plans.
CHS reported here on the ten-year anniversary of Bait Shop earlier this year. It remains business as usual on the block for the time being. The building was once home to vaunted Broadway dive the Jade Pagoda before a 2010-era overhaul.
Residents of the block are also learning about the early plans for the project. A collection of old-stock housing including a duplex, triplex, four-plex, and a circa 1908 15-unit apartment building would also be demolished for the development.
The corner’s Diamond parking lot would also be part of the proposed project’s footprint.
In all, six different parcels of land would be combined for the new development.
Studio Meng Strazzara is leading design.
In many ways, the early paperwork is similar to the effort underway across the street as the redevelopment of Broadway stretches out from Capitol Hill Station four blocks to the south. In March, CHS reported on early planning for a mixed-use redevelopment of the DeLuxe’s Broadway and Roy corner. But in that case, the family ownership of the DeLuxe and the 1931-era building home to the popular hangout, and a small collection of businesses were adamant that the paperwork was only part of due diligence to determine the development potential for the property.
Across Broadway at Mercer, the message is similar but the early plans are more concrete. The planning could lead to a property sale, the next wave of Broadway redevelopment, or, yes, another ten years of Bait Shop on the block.
With years of public review ahead, a representative says Cascade Ridge Partners has no official start date for construction, “the property owners simply want to start the process to see what they can build.”
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