Public Developer Secures Yesler Way Site for New Housing
The city’s public housing developer bought the 2402 E Yesler Way site on Oct. 16, 2026, to start a new housing project required by the 2023 voter‑approved initiative. It is the developer’s second land purchase and first construction under the program.
GMNA Seattle
Seattle’s public housing developer completed the purchase of the property at 2402 E Yesler Way on October 16, 2026, to launch a new housing construction project.
The acquisition represents the developer’s second property purchase and its first construction effort under the voter‑approved housing initiative passed in 2023, aimed at providing additional housing.