Othello Station North (OSN)

• 1.8 acre mixed-use entitled TOD adjacent to Othello Light Rail Station.
  
• Excellent access - vehicular and transit - 15 minutes to SEATAC Airport and downtown Seattle with trains running every seven minutes during peak hours.
  
• Groceries, twenty (20) acres of parks and 300,000 SF of commercial spaces within ¼ mile.
  
• Master Use Permit entitles 370 homes and 17,900 SF of retail in a phased build-out.
  
• 8%+ yield on total costs with developer, A&E, & GC team ready to immediately execute development plan.
  
• In March 2011, at the same intersection as OSN, Othello Partners with financial partner USAA RealCo will deliver 351 class A apartment homes and 20,000 SF of retail space, www.TheStationatOthelloPark.com
  
• Twelve year Property Tax Abatement available for parking and residential improvements.
  
• FHA 220 - Urban Renewal Area & City of Seattle Tax Credits available for retail space