The Opportunity

Fully Entitled Property Ready for Fast, Efficient Development

The Prato District has completed all key entitlements and core infrastructure improvements, making it immediately ready to support your development project. Developers can expedite permitting and quickly begin construction, reducing critical time-to-market. The ground-lease model at the Prato District lowers upfront land costs, allowing asset allocation to go directly into vertical development. What’s more, with an established and locally based family owner in place, the Prato District provides long-term stability, reliability and balanced financial terms.

Total Acres

Contiguous + Developable Acres

sq ft mixed-use development

a prime location with access to everything

Just minutes to I-5, I-405, SR-167, Sea-Tac Airport, Sounder Heavy Rail, LINK light rail, King County Metro bus service, and Westfield Southcenter Mall, to name just a few, the Prato District is highly connected within the region. In addition, the Prato District is central to thousands of businesses and an abundant, highly skilled workforce — with exceptional connectivity to major north-south and east-west highways, Port of Seattle, and ample hospitality, retail and other key services. And with a host of on-site passive and active open space, trails and recreational space, businesses at the Prato District will play as hard as they work.

Low Risk Today – Sustainable Value Tomorrow
The Prato District provides an exceptional environment for large-scale development in a vibrant new South End hub. With thoughtful and meticulous planning and preparation, Segale Properties has lowered the barrier to entry, all while maintaining its focus on future compatibility across a variety of complementary uses. It’s an incredible opportunity to ground lease and build quickly at a single central location, on some 250 contiguous and developable acres, enabling developers to reduce time to market compared to competitors’ sites. The Prato District allows for immediate investment into your project’s vertical improvements, and brings the opportunity for robust expansion over time.

A development
opportunity for the ages

Segale Properties has cleared the pathway to entry for a mixed-use district with a strong, sustainable future.