Acer House Development Opened in Seattle
The five-and-a-half-story residential project at 23rd and Cherry is now accepting applications from prospective tenants.
Updated on Oct. 13, 2026 in Apartments
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The new Acer House development in Seattle has officially opened, offering 114 apartment units to the local community. The project features a mix of studio and two-bedroom residences at its location on 23rd and Cherry.
Why it matters
Thirty percent of the apartments are reserved for low-income residents, helping to address local housing availability under city requirements. The development also integrates new commercial space, including a coffee shop and a dog grooming business.
The building stands at five-and-a-half stories tall and offers units ranging from 400-square-foot studios to two-bedroom apartments between 700 and 800 square feet. The site was previously occupied by Flowers Just 4 U.
The players
Great Expectations
This is the development firm responsible for the management and oversight of the Acer House project.
Urban Black
This is a commercial property management firm currently seeking a childcare provider for the development.
The details
Managed by Great Expectations, the development operates under city Mandatory Housing Affordability and Multifamily Tax Exemption requirements. Urban Black is currently managing the commercial property spaces within the project.
Timeline
Late 2023: The city council approved a rezone to allow the construction of the building.
October 2026: Acer House began seeking residents for the new units.
Culture Shift
This development reflects the broader trend of urban densification in Seattle as the city utilizes specific regulatory frameworks to incentivize affordable housing. The project highlights a shift toward mixed-use spaces that blend residential living with local commercial services.
Prospective renters can now apply for units ranging from compact studios to two-bedroom apartments at the 23rd and Cherry site. Local residents may also benefit from the newly opened retail amenities, including the coffee and pet grooming businesses.
The takeaway
Those looking to move should verify their eligibility for the 30% of units set aside for low-income applicants. Prospective tenants are encouraged to visit the property website to track potential future commercial additions like childcare services.
Further reading
For more information on residential growth in the area, visit the Seattle Apartments section.
More information
To review available units or lease terms, visit the building lease information and opportunities.
Source note: This article includes information reported by CHS Capitol Hill Seattle.
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Do you believe new mixed-use housing developments in your neighborhood improve your local community?
