LOCATION DETAILS
1 FREMONT
DEVELOPMENT BY ALEX COHEN | COHEN PROPERTIES
SYNDICATION BY TROY GESSEL | AGM REAL ESTATE
LOCATION
The Fremont neighborhood, long known as Seattle’s eclectic hub for arts, music, and counterculture, has become a tech employment hub as well. Known as the “Silicon Canal,” Fremont is home to major employers, including Google, Salesforce/Tableau, Adobe, and others. Its rich cultural center includes retail shops, restaurants, bars, and public events venues. Fremont also offers excellent connectivity to South Lake Union, the CBD, Ballard, and the University of Washington. The Burke-Gilman Trail offers easy access for cyclists, seamlessly connecting to Seattle’s expanding bike lane network.
Fremont Village
A gem within a gem
Fremont Village, nestled just up the hill from the hustle of “Downtown Fremont”, is a growing upscale commercial and residential cluster attracting high-income visitors and residents. This micro-neighborhood offers upscale living, dining, and shopping options. 1 Fremont will cater to this demographic - young, affluent professionals desiring well-designed, efficient, and high-quality homes in a neighborhood that offers unique neighborhood amenities and a fun and engaging living experience.
1 Fremont is also planned to serve as a counterpart to CP's new 93-unit Fremont Village Apartments located just across the street. This new development is poised to further enhance and benefit from Fremont Village's growing reputation as a distinct and desirable micro-neighborhood. Land zoned for multifamily and commercial development in Fremont Village is limited, which is expected to contribute to sustained strong demand and consistent rent growth.
DEMOGRAPHICS
The current population of Fremont is approximately 10,167. Generally, Fremont residents are young affluent and live alone or with a partner. 1 Fremont is positioned to attract this demographic.
POPULATION
Y-O-Y Change
Total Population
10,167
.6%
Male Population
5,004
1.2%
Female Population
5,163
0.0%
INCOME | AGE | HOUSEHOLD SIZE
Y-O-Y Change
Average Household Income
$164,720
13.2%
Median Household Income
$127,108
12%
Average Household Size
2
-1.0%
Median Age
34
n/a
