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Ederer Building

The 2931 1st Avenue South Limited Partnership owns three buildings in Seattle’s SoDo District—acquired by American Life in 2004.

Ederer Building

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.

Ederer Building - Distillery
Ederer Building - Exterior Sign
Ederer Building - Interior
Ederer Building - Interior 2

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.