Realogics Sotheby’s lists Terminal One Motor + Yacht Club in Seattle

By AI, Created 12:06 AM UTC, June 03, 2026, /AGP/ – Realogics Sotheby’s International Realty has taken the exclusive listing for Terminal One Motor + Yacht Club, a planned collector garage, private community and superyacht marina project on Seattle’s waterfront near the Ballard Locks. The 8.9-acre development is targeting first-phase occupancy in summer 2027, with marina delivery expected in late 2028.

Why it matters: - Terminal One Motor + Yacht Club is being positioned as a rare ownership play for Seattle’s collector car and yacht market. - The project combines luxury garage ownership, waterfront access and a future marina in one planned destination. - The development also marks another high-profile reuse of former industrial land on Seattle’s shoreline.

What happened: - Realogics Sotheby’s International Realty announced its exclusive representation of Terminal One Motor + Yacht Club. - The project is being developed by Cantera Group on an 8.9-acre site at 2727-2808 West Commadore Way in Seattle. - The site includes 550 feet of waterfront on Salmon Bay, adjacent to the Ballard (Hiram M. Chittenden) Locks. - The launch event, called the “INNER CIRCLE” RALLY + RENDEZVOUS, is set for June 7, 2026, at Kirkland Marina Park and RSIR’s Kirkland branch office. - A registration website has been established at Terminal One Seattle.

The details: - The first two-phase plan calls for about 100 luxury commercial condominiums across four buildings. - Each unit will have on-grade, private access garage doors. - Units are designed with 19-foot, 10-inch ceilings and potential mezzanine space. - Unit sizes are expected to range from about 850 to 1,250 square feet. - Buyers will be able to combine units for larger spaces. - THE FORUM will serve as an owner’s lounge and common area for curated gatherings. - A future phase is planned to include a deep-water super yacht marina with four private docks. - The marina is expected to provide about 2,300 linear feet of moorage, including individual moorage for sale. - The entire facility will be gated and include controlled access, significant security, 24/7 surveillance and on-site patrol coverage presumed in the homeowners association underwriting. - Occupancy for the first phase is targeted for summer 2027. - Marina delivery is anticipated by late 2028. - Initial ownership opportunities are expected to open through a priority reservation structure with $10,000 fully refundable earnest money deposits before broader public sales. - Construction will be managed by POE Construction of Auburn, Washington. - Columbia Hospitality will handle property management. - Owners will get access to Columbia-managed destinations through the company’s PERKS program, including luxury resorts, spas and golf clubs.

Between the lines: - Cantera Group has spent years clearing environmental hurdles to make the site marketable again. - The project has gone through environmental due diligence, remediation and repositioning work since 2018. - That work has been done with the Washington State Department of Ecology through the Voluntary Cleanup Program and a Prospective Purchaser Consent Decree. - After acquiring the site in 2020, the development team completed demolition, soil excavation and treatment, groundwater recovery systems and long-term compliance infrastructure. - The project’s design team signals a premium positioning aimed at affluent owners who want highly customized spaces. - LMA Architects is guiding the structural and exterior expression. - Olson Kundig Design Principals Edward Lalone, Daniel Ralls and Kirsten Ring Murray, with Interior Designer Lena Bragina, are programming the common areas and sample build-outs. - Olson Kundig is also expected to act as a preferred design partner for buyers after closing. - RSIR leader Dean Jones called the project “Seattle’s Garage-Mahal,” underscoring the novelty of the offering. - Richard Adatto, founder of Adatto Auto, said the project validates the sophistication of the regional car and yacht culture.

What’s next: - RSIR brokers Jay Kipp and Neda Perrina are serving as co-listing agents. - The June 7 launch event will introduce the concept to brokers, collectors, luxury partners, media and prospective founding members. - After the public program, invited prospects are expected to receive a harbor tour. - Cantera Group and RSIR said the offering will begin with priority reservations before a wider public sales debut. - The seller reserves the right to change the product offering without notice.

The bottom line: - Terminal One Motor + Yacht Club is being marketed as a first-of-its-kind luxury ownership concept for Seattle, blending collector garages, private club amenities and future yacht moorage into one waterfront project.