Ederer Building
The 2931 1st Avenue South Limited Partnership owns three buildings in Seattle’s SoDo District—acquired by American Life in 2004.
Project Overview
The 2931 1st Avenue South Limited Partnership owns three buildings in Seattle’s SoDo District, which were acquired by American Life in 2004. The largest building is a 37,000 square foot warehouse on Utah Avenue South.
The other two properties sit on 1st Avenue South and are the center point of an emerging entertainment district including distilleries, breweries, retail and restaurants. The Westland Distillery, located at 2931 1st Avenue South, attracts visitors coming to tour the production facility and taste their award-winning whiskey.
Project Overview
- Address
- 2931 & 2925 1st Avenue South, Seattle, Washington 98134
- Project Capitalization
- Approximately $20 million
- Completion Date
- 2007
- Size
- 63,848 square feet of building area on 74,960 square feet of land area
- Floors
- 2 floors
Investment Overview
- EB-5 Capital: $18.5 million
- I-526 Approvals: Yes
- I-829 Approvals: Yes
- Targeted Employment Area
Our $1.5 Billion Investor-Owned Real Estate Portfolio
Our portfolio of critically-acclaimed EB-5 equity projects includes partnerships with global brands like Marriott, Hilton and Hyatt hotels. It’s proof of our ability to develop successful, job-creating EB-5 projects that enhance the communities we work in, while also helping our investors achieve their American dream.