Yellow Marker LaSalle Hotel
85 Pike St.
Seattle, WA 98101
LaSalle Hotel
Historic renovation and new construction resulting in 64 units of permanent homes for low-income seniors in downtown Seattle.
47.6084446 -122.340445

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LaSalle Hotel

85 Pike St.
Seattle, WA 98101

When the Pike Place Market PDA found a site for a new senior center, the agency came to Common Ground for ideas on how to finance it.  After formulating a financing plan, Common Ground oversaw development of this $16 million project.  This partnership resulted in a the renovation of four historic buildings, preservation of 40 units of Section 8 housing, 64 total units of senior housing, a new senior center, and new ground-floor commercial space.

Project Sponsor

Pike Place Market Preservation and Development Authority
Communities Served
  • Low-income seniors
Number and Types of Units 64 units (24 new and 40 remodeled) of permanent housing with space for retail, a new senior center, and organizational headquarters
Cost $16 million
Funding Sources
  • New Markets Tax Credits
  • Community Development Block Grant
  • Low Income Housing Tax Credits 9%
  • Private Financing
  • Capital Campaign
  • Washington State Housing Trust Fund
  • Seattle Housing Levy
Project Team Architect: Hewitt Architects
General Contractor: Walsh Construction
Opening Date June 2006


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Yellow Marker Senior Housing