In March, CHS reported on the disappearance of construction cranes and design reviews for new projects on Capitol Hill. There are exceptions. There is also a development to welcome to the skyline in the interconnected zone between Capitol Hill and First Hill.
Capitol Hillās newest residential development, the Gridline Apartments, has reached near-full occupancy less than a year after opening its doors. The two-building adaptive reuse project developed by SRM Development includes 178 units split between the West Building, with 49 units, and the larger North Building, with 129 units. The development offers a mix of affordable and market-rate housing, catering to a range of renters.
The project has grown up and around the neighborhood’s old Knights of Columbus building. Gridline was born of an overhaul of the landmark-worthy building that surrounded the old structure with new apartments
The smaller West Building opened in November 2023 and achieved 95% occupancy in about nine months. The North Building, which opened in March 2024, reached stabilized occupancy by late January 2025, taking just over 10 months to fill. As of now, both buildings are approximately 97% occupied.
āWeāre pleased with how quickly these buildings have filled,ā said Mike Erickson of SRM. āThe location, amenities, and quality of the buildings have resonated with renters.ā Continue reading