Community members celebrated the Juneteeth holiday on June 19 by breaking ground on the new Liberty Bank Building at 24th Avenue and East Union Street.
The redevelopment of Liberty Bank will help preserve affordability in the neighborhood by bringing 115 units of much-needed affordable housing. Rents for one bedrooms are anticipated to range between $504 and $1,008, depending on income.
The project partners intend to honor the legacy of Liberty Bank in design, but also by creating affordable space for local businesses and fostering community for residents in the neighborhood. In addition to the 115 affordable apartments, the new six-story building will also include 2,695 square feet for local businesses on the ground floor.
Community partners in this innovative redevelopment include:
- Africatown Community Land Trust
- The Black Community Impact Alliance
- Capitol Hill Housing
Other partners include Walsh Construction, Mithun Architects and the City of Seattle.