Everything about the recent $4.25 million sale of an old Tukwila motel on Highway 99 last month looked ordinary except the buyer: Forterra. With a bold plan and financial backing from prominent Seattle venture capitalists Tom Alberg, Nick Hanauer and others, the land […]
Unusual partnership gives displaced Tukwila immigrants a new home Read More »
SEATTLE — Forterra, a nonprofit whose mission is securing places that are keystones of a sustainable future in the Pacific Northwest, today announced the first-round close of its new social impact investment vehicle, the Strong Communities Fund, with $10.25M raised.
BOTHELL, December 12, 2017 – The Bothell City Council voted tonight to complete its acquisition of the former Wayne Golf Course just south of downtown Bothell. With this action, the Council agreed to add thirty-six acres from the course’s old
It’s Official! Huge New Park Coming To Bothell Read More »
FOR IMMEDIATE RELEASE | June 20, 2017 SEATTLE — The Port of Seattle today launched a new $1 million program to fund environmental projects in communities around Sea-Tac Airport. The Airport Community Ecology (ACE) Fund offers grants to organizations to
It was a sight students could not resist: Construction crews raising large panels of wood using a crane. “It’s as big as Mount Rainier!” one student said. Maple Elementary School is a part of a state pilot project, which aims
Seattle Begins Construction on Cross-laminated Timber School Read More »
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
Does 23rd & Union deal signal Seattle as place ‘everyone can live?’ Read More »
Seattle’s African-American community has secured a big role in the redevelopment of one of the city’s last hubs of black-owned businesses. Lake Union Partners on Tuesday acquired Midtown Center, a retail center at the rapidly developing Central District corner of
A partnership of environmentalists, community organizers and real estate developers pulled off a deal this week that students of gentrification will dissect for years. Lake Union Partners on Tuesday paid $23.25 million for Midtown Center, a retail center at East
A deal has been reached between the owners, a developer and two nonprofits on a valuable piece of property in Seattle’s Central District. Lake Union Partners has agreed to buy the old Midtown Center property on 23rd Avenue and East Union
KNKX: Developer, Nonprofits Reach Deal On Seattle’s Midtown Center Property Read More »
It is a riskier bet than most $23.25 million land deals in Seattle. But new neighbors and longtime community members are probably happy to see real progress. Africatown, again in partnership with sustainability nonprofit turned in-city housing developer Forterra, will still be part
Forterra is a federally approved 501(c)(3) non-profit organization. Tax ID 94-3112461.
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