Category: News


Stream Belmont on Capitol Hill is open; units are 80% leased

June 02, 2014


Photo by Aaron Leitz Photography

Leasing is under way at a new 70-unit apartment building called Stream Belmont at 500 Belmont Ave. E. on Capitol Hill.

Stream Real Estate LLC is the developer and owner of the six-story building. NK Architects designed the project and Compass Construction built it.

The team also included Yu & Trochalakis, structural engineering; CT Engineering, shoring; and Karen Kiest|Landscape Architects.

Construction cost between $9 million and $10 million.

NK said Stream Belmont’s contemporary design mixes durable brick and composite materials with natural cedar siding.

The units are mostly studios and one-bedrooms ranging from 461 to 750 square feet. There is one 2-bedroom unit with 1,071 square feet. Units have high ceilings and large windows.

Rents range from $894 to $2,700, and 80 percent of the units are leased.

There are 36 below-grade parking stalls, and a rooftop deck with views of downtown and the Olympic Mountains.

The project is targeting LEED-H gold.

Units come with high-efficiency Energy Star appliances; LED and fluorescent lighting; water-saving plumbing fixtures; and paints, sealants, adhesives and carpet that are made with no- or low-volatile organic compounds.

Reverse cycle air-to-water chillers capture ambient air in the garage to heat water for the building, a system that NK said is 75 percent more efficient than traditional boilers.

In addition to LEED certification, Stream Belmont was constructed with a net-zero carbon footprint. The developer is a founding partner of Forterra’s C3 program, which will help offset Stream Belmont’s carbon footprint during construction and operation of the building.

In the C3 program, Cascadia Consulting calculates a project’s footprint during construction and ongoing operations. Then developers pay for planting and maintaining native trees in protected public spaces.


Purposeful art transforms Chutney’s building

By Michael Sarko
The Capitol Hill Times
August 22nd, 2013

Where 15th Avenue meets East Mercer Street, change is now the status quo. The intersection has been home to two notable Capitol Hill businesses, one very long-lived (at least by the neighborhood’s standards). The Canterbury Ale and Eats will be gone by the end of the year, and Chutney’s Grille is already no more. This transformation, now typical in the rapidly developing 15th Avenue thoroughfare, has been the cause of some worry for proponents of a “Small Seattle,” but a unique art installation at the site of the former Chutney’s aims to ease the transition.

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CHS Pics | First in a series, Boxed Up installation unveiled on 15th Ave E

Capital Hill Seattle Blog
August 9, 2013

The effort to transform a demolition-bound restaurant into an active art installation was unveiled Thursday night at 15th Ave E and E Mercer.

CHS wrote about the Storefronts Seattle project to transform the empty Indian restaurant here last week. The Greg Lewis-designed Boxed Up project was the first in a series of three installations planned as “a riff on the Surrealist exquisite corpse game.” According to Storefronts, “the series of three installations will build on each other for the duration of the Storefronts project and be removed or become part of the demolition of the building.”

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Boxed up with Greg Lewis on 15th

Storefronts Seattle
August 2, 2013

A few months ago Storefronts was approached by Stream Real Estate, a sustainable development company in Seattle, with an intriguing prospect:  would we like to use the former Chutney’s Grille building on Capitol Hill as an installation site, with few restrictions on what we could do with the building?

The answer:  A resounding YES.

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Real Estate Buzz: Developer pays $4,500 to plant 600 trees

Real Estate Reporter
January 24, 2013

Stream Real Estate is the first developer in Seattle to participate in a local program started by the nonprofit Forterra to mitigate the carbon impacts of construction.

The 118 apartments in Stream Uptown began leasing two weeks ago. Under the program, called C3, companies get an estimate of how much carbon they will produce in construction and operations, and Forterra determines how many trees it would take to capture that much carbon.

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Seattle’s Eco-Friendly Stream Uptown Community Begins Leasing

By Jeffrey Steele
MHN Online
January 21, 2013

Seattle—Stream Uptown, a 118-unit, Class-A, mid-rise apartment community in Seattle’s Uptown enclave, has begun leasing residences. The announcement was made by Stream Real Estate LLC, a Seattle-based company focused on developing multifamily residential properties in the core of the Emerald City.

“As a company, we started with the premise that we would push the envelope with sustainability and environmental responsibility, along with financial viability,” Marc Angelillo, managing member, Stream Real Estate LLC, tells MHN.

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‘Net zero’ apartments renting in Queen Anne

January 9, 2013

A developer has started leasing apartments in a what it touts as the first residential building in Seattle to fully mitigate its carbon footprint for construction, and ongoing operation and maintenance.

Stream Uptown is at 708 6th Ave. N., in the Uptown section of Lower Queen Anne. It has 118 apartments, ranging in size from 541 to 855 square feet, with rents starting at $1,132.

“We are excited to offer residents a community that emphasizes sustainable living,” Marc Angelillo, managing member of developer Stream Real Estate LLC, said in a news release. “Our focus as a company and developer is to create market rate units that push the envelope on sustainability while remaining economically  viable.”

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