HomeSight Opportunity Center

Seattle’s first community-driven equitable development project. A creative response to the pressures of extraordinary growth in Seattle.

homesight-web-banner-03.jpg
 

Not all residents are benefitting from Seattle's prosperity.

Surging rents and lack of access to affordable ownership are forcing out many of the city’s longtime residents and local businesses in Rainier Valley and the Othello neighborhood. For over 100 years, this area has been the home to immigrants, refugees, and communities of color, who continue to face systematic exclusion from opportunity. 

 

Image_112.png
 
 

Economic growth and shared prosperity through ownership are key to social equity.
 

28percent.png

Percent of Black households own their home in King County

34percent.png

Percent of Latino households own their home in King County

63percent.png

Percent of White households own their home in King County

 

Source: Seattle Times: www.seattletimes.com/seattle-news/data/the-rise-and-dramatic-fall-of-king-countys-black-homeowners

 
stormy.gif
 
Parcel_Ariel-View_cropped.jpg
 

A vision for the largest undeveloped piece of land in Rainier Valley

The vacant lot at S. Othello St. and Martin Luther King Jr. Way S. has long been viewed as an opportunity to create a campus that reflects the community’s values and addresses their stated needs. We are now on our way to building it.

 

Homesight opportunity center

HomeSight Opportunity Center, the centerpiece of the Othello Square campus, is the first equitable development project in the city designed to produce a regular financial return for reinvestment back into the community. Redefining how equity, opportunity, and prosperity are realized, it will offer 200 units of mixed-income apartments, a multicultural center, educational and entrepreneurial opportunities, and a mix of services that deliver on the community’s priorities.

othello square

Othello Square will consist of four buildings on 3.2 acres, and will house a mix of organizations and services that meet the needs of residents and the surrounding community – as determined through a series of community meetings – all in one place. Othello Square will support more than 350 living-wage jobs, preserve small businesses, and nurture entrepreneurship among historically excluded community members of Rainier Valley.

 

The entire site will support more than 350 living-wage jobs, preserve small businesses, and nurture entrepreneurship among historically excluded community members.

othello-red.gif