Silverdale Highlands represents JSP’s first development in the Seattle metro area. The acquisition team originally was investigating a 4-acre site off Clear Creek road and Greaves Parkway. Twelve months later and after hefty negotiations with a local land owner, the original 4-acre site ballooned to twenty-six acres and 570 apartments spread over 18 buildings. This property will also include a brand-new retail area complete with a coffee shop, convenience store and other apartment-friendly shops.
Silverdale Highland construction began in August of 2022 with mass grading of the entire site. Phase I consists of 216 units and will be completed in the fall of 2023 with the remainder being finished in 2024.