A group of Seattle-area developers anticipate starting construction of the 82-room boutique hotel later this year.
The former YMCA and a new addition next door will house the 82-room Penrose Hotel, as well as a restaurant and bar.
Plaza Roberto Maestas directly addresses the urgent need for affordable housing and economic opportunity in the Beacon Hill neighborhood and is a model for community-inspired transit-oriented development.
The two-building complex provides housing for families earning 30 to 60 percent of area median income, or $24,000-$49,000 a year.
Located in the heart of downtown, the Penrose project includes the historic renovation of the existing 3-story YMCA Building as well as a 4-story addition.