ULI Global Award for Excellence
Seattle building is one of 10 winning projects
A mixed use development in Seattle's Capitol Hill neighborhood was one of 10 winners of the 2015 Urban Land Institute (ULI) Global Awards for Excellence. The 12th Avenue Arts building, located at 12th and Pine, encompasses 88 affordable apartments serving households earning 60 percent of area median income. The apartments are fully leased.
Now in its 37th year, the ULI awards competition recognizes real estate projects that achieve a high standard of excellence in design, construction, economics, planning, and management. This year's winners - including five in North America, three in Europe, and two in Asia - were honored in October at ULI's fall meeting in San Francisco.
Criteria for the awards include contribution to the community, innovations, public/private partnerships, environmental protection and enhancement, response to societal needs, and financial viability. All types of projects have been recognized during the nearly 40 year history of the awards, including office, residential, recreational, urban/mixed use, industrial/office park, commercial/retail, new community, rehabilitation, and public projects and programs.
In addition to the apartments, the 12th Avenue Arts building features performing arts space, community meeting space, office space, retailers, eateries and underground parking for Seattle Police Department vehicles.
The winning building was designed by SMR Architects of Seattle and developed by Capitol Hill Housing, a public corporation organized by the City of Seattle. Since 1976, the group has served low- and moderate-income residents around the Capitol Hill neighborhood. It currently owns and maintains 47 buildings with housing for around 2,000 individuals and families.