Construction Begins on Trestle, 70 Apartments on Sand Point Way NE

In August 2026, the Seattle Daily Journal of Commerce reported that work had started on Trestle, a six-story, 70-unit apartment building at 4529 Sand Point Way NE. Stringham Construction began groundwork and foundations that month, a few weeks after the shoring and grading permit was issued.

The sloping, crescent-shaped lot sits just south of the Burke-Gilman Trail and east of Five Corners, near Laurelhurst and the southern edge of the Bryant neighborhood. Over the years it held a bike shop, Christmas tree sales and taco trucks. Apartment plans for the site began about seven years earlier, and Shilshole Development and Public47 Architects secured the master use permit three years before work started. The paper reported that ownership had passed to Eastlake Real Estate Partners, which overlaps with Shilshole.

On a weekend visit, the DJC found the site mostly cleared, part of the hillside cut back and structural steel piles ready to be driven. A 60-foot madrona is being kept. The building will total about 61,073 square feet and should take less than two years to build, though the paper noted that the shoring and a garage with 40 stacked parking stalls are demanding work heading into the rainy season.

Public records showed a WaFd loan of more than $23 million, enough to carry the project well past shoring and concrete. The article also recalled that Eastlake’s Mike Yukevich had told the Puget Sound Business Journal in July that Trestle might pause after shoring, in the hope that the city would exempt developers from Mandatory Housing Affordability fees for two years. Requests for MHA relief from developer groups were still stalled at City Hall as of July.

This is our summary. The full article by Brian Miller appeared in Seattle Daily Journal of Commerce on August 19, 2026.