Anthem, the first private development in the Yesler Terrace Revitalization effort, was completed in 2015.
Anthem, the first private development at Yesler Terrace, was completed in 2015 on time and within budget. The majority of the apartments target middle-income workers such as teachers, nurses and employees of neighborhood retailers. At Anthem, 30 percent of the units are affordable with rents at 65, 75, and 85 percent of AMI for studios, one bedroom and two bedrooms respectively. Demonstrating the tremendous demand for workforce housing, Anthem was 40 percent preleased at construction completion and within six months was 90 percent leased.
With a parking ratio of .39 (47 parking stalls for 120 units), Anthem residents rely heavily on nearby transit options including the conveniently located Seattle Streetcar, with a stop a block away from Anthem. The streetcar connects the diverse and vibrant residential neighborhoods and business districts of Capitol Hill, First Hill, the International District and Pioneer Square while also serving large medical centers like Swedish Medical Center, institutions of higher learning and venues like CenturyLink and Safeco Field.