Quarterra Announces Start of Leasing at Tavin Apartments
Rhea-AI Summary
Quarterra Multifamily, a Lennar subsidiary, has begun leasing at Tavin, a new mixed-use community in Seattle's Crown Hill neighborhood. The seven-story development features 194 apartment homes and over 10,000 square feet of ground-floor retail space, including a premium restaurant.
The podium-style community, developed with CPPIB, offers studio, one- and two-bedroom units ranging from 455 to 1,099 square feet. Apartments include modern amenities such as keyless entry, vinyl plank flooring, quartz countertops, and stainless steel appliances. Community features include an expansive fitness center, co-working spaces, and two seventh-floor patios with views.
Located at 8511 15th Ave. NW, Tavin provides access to diverse dining, retail options, and outdoor attractions. The transit-oriented site offers connectivity to major highways and the RapidRide E Line bus transit station. This marks Quarterra's 11th development in the greater Seattle market.
Positive
- Strategic location in growing Seattle neighborhood with mixed-use development potential
- Expansion of Quarterra's Seattle portfolio to 11 properties
- 10,000+ sq ft of revenue-generating retail space
- Transit-oriented development providing access to major employers
Negative
- None.
News Market Reaction – LEN
In the trading session that priced this news, LEN declined 0.24%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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Mixed-Use Community Adds 194 New Apartment Homes in
The seven-story, 194-home podium-style community includes more than 10,000 square feet of ground-floor retail space, featuring a premium indoor/outdoor restaurant. Located at 8511 15th Ave. NW, Tavin offers exceptional connectivity, placing residents at the heart of seamless access in every direction. To the east, the vibrant Greenwood neighborhood provides a diverse mix of dining, cafés, and retail options. Just minutes south, Ballard offers a waterfront escape with boutique shopping, renowned breweries, and lively nightlife.
"We are excited to deliver our newest community, Tavin, at the crest of
Tavin's prime location also places residents within walking distance of essential conveniences, including coffee shops, restaurants and core retailers such as Safeway and the newly opened Metropolitan Market. For those who enjoy the outdoors, nearby Carkeek Park offers expansive wooded trails, while the picturesque Golden Gardens Park provides scenic waterfront views and one of the longest stretches of beachfront in the city. The area's vibrant live music scene, featuring venues like The Sunset Tavern and Tractor Tavern, is just minutes away, as are seasonal events such as the Ballard SeafoodFest and Greenwood Car Show. Additionally, residents can enjoy the nearby farmers markets and art walks that highlight the region's local culture and creativity.
Access to Highway 99 and Interstate 5 make commuting downtown effortless, while Northgate — home to one of
Tavin includes studio, one- and two-bedroom homes, ranging from 455 to 1,099 square feet. Apartments feature keyless entry, USB outlets, vinyl plank flooring, and near floor-to-ceiling windows. Kitchens boast quartz countertops, premium cabinets, stainless steel appliances, and undermount sinks with satin-finished hardware. Each unit includes full-size washers and dryers, AC ports, tile backsplashes, and spacious closets.
Tavin residents will enjoy an expansive fitness center, modern co-working spaces, and multiple top-floor amenities, including two seventh-floor patios with stunning views. One patio features a dedicated BBQ area, while the other connects to a stylish club room with a built-in kitchen, billiards and shuffleboard tables, and a cozy TV entertainment area perfect for casual gatherings or game-day viewing. Additional conveniences include bike storage and EV charging stations.
Tavin is Quarterra's 11th development in the greater
About Quarterra
Quarterra Group, Inc., a wholly-owned subsidiary of Lennar Corporation (NYSE: LEN and LEN.B), is a multi-strategy, real estate focused, alternative asset management company comprising three rapidly growing verticals: Multifamily, Single-Family Rental, and Land. Launched in 2011, Quarterra Multifamily, previously known as LMC, is among the nation's most active developers, builders, and managers and has been on the National Multi-Housing Council's (NMHC) annual Top 50 list for nine consecutive years.
Quarterra creates extraordinary communities where people can live remarkably.
www.Quarterra.com
Media Contact
Marlena DeFalco
LinnellTaylor Marketing
303-682-3943
marlena@linnelltaylor.com
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SOURCE Quarterra