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Coronado Springs

Seattle, WA

The complex redevelopment of Coronado Springs represented a unique partnership between public and private sponsors. Utilizing direct loans for energy improvements and an unusual lease structure to leverage funds, the sponsors engineered a complete physical transformation—benefitting both the residents and the surrounding community.

During the renovation, management focused on re-qualifying disadvantaged families to ensure a safe environment for its residents, many with small children. Coronado Springs offers new social programs including comprehensive child development curriculum to promote school readiness as well as family support programs to meet the needs of residents and members of the surrounding community.

Coronado Springs is now a thriving member of the multi-ethnic South Seattle community. The property, once notorious for drug and criminal activity, has become a model for change in the community.

Development Details