A land deal at 23rd & Union, longtime the heartland of Seattle’s African-American community, offers a ray of light in gloomy picture of housing for low-income residents in a city growing more and more expensive.
The agreement, announced Tuesday, will see Lake Union Partners pay $23 million for the 2.5-acre parcel at the intersection’s southeast corner, and then sell 20 percent of the block to the land conservancy Forterra, which will work with Africatown on affordable apartment homes and retail shopping.
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