Gaard Development with support from barrientosRYAN has begun work on The Nook at Northaven
The Nook at Northaven workforce housing community will include a mix of 89 studio, one-bedroom, and two-bedroom apartments designed for families earning 60–80% of the area median income, which is equivalent to $57,000–$90,000 in annual income.
The project also includes a six-classroom early learning center where the Refugee Women’s Alliance (ReWA) will provide quality, affordable, culturally diverse, early childhood education and care for more than 100 preschoolers.
Gaard Development purchased the land from Northaven with the vision of the new workforce housing becoming fully integrated into the Northaven campus. Northaven will become an intergenerational community where seniors, working families and individuals and children will play, garden and eat together living in a mutually supportive community.
Nook at Northaven is expected to be completed and ready for resident move-in by December 2024.
Gorder Family Foundation announces Groundbreaking Ceremony
In aJune 2023 press release, The Gorder Family Foundation, a private impact investor developing workforce housing in the region, announced the groundbreaking for its new project, Nook at Northaven. This new mid-rise apartment building is a transit-oriented development that will create 89 new affordable homes within 0.25 miles of eight public transit stops.
Nook at Northaven will be supported by private funding from the Gorder Family Foundation and the Echo Fund through Realize Impact, a Washington-based impact investing nonprofit. Lenders include Amazon, BECU, and the Seattle Office of Housing. Amazon’s support, a $9.8 million below-market-rate loan, comes from the Amazon Housing Equity Fund, a more than $2 billion commitment to preserve or create more than 20,000 affordable homes in its hometown communities.
“The Nook realizes Northaven’s long-held goal of creating a truly intergenerational community where seniors, families and children build lasting relationships that enrich everyone. In the Gorder family, we have found partners who share our values,” said Bill Dorn, Director of Development of Northaven Senior Living.