Arbor Heights 9-Unit Townhome

Project Status Report

November 12, 2021

Overall Status: Green

Project Name: Ashworth Townhome Project
Project Team: Frank Martin, Erin Cassidy, Jon Rasnic, Kevin Proefrock
Principals: Eugene Sak, Frank Martin

Project Update:

Still in the preliminary stages of propping up this development. We had our preconstruction meeting this week with the City of Seattle which kicked off the process and set the permits in motion, eliminating the possibility of them expiring. Site cleanup and preparation for utilities continues.

Status Code Legend

On Track: Project is on schedule

At Risk: Milestones missed but date intact

Off Track: Date will be missed if action is not taken

    Activity – Week Ending 11/12

    City of Seattle Pre-construction conference completed with Geotech, Electrician, Dirt Work Contractor and the City of Seattle.

    Site walk with Geotech to confirm strategy for site preparation in conjunction with Dirt Work Contractor & special inspections required by the City of Seattle.

    Dirt Work Contractor saw cut remaining/existing foundation wall to prepare for site work next week

    Bank construction loan continues along – all required documentation has been submitted to CFSB for review (Budget, Operating Agreement, etc.)

    All required signed documentation (Mechanic Lien, Indemnity Agreements) have been signed and are on file with title

    Upcoming Activity Preview

    Site preparation for utilities

    Seattle City Light application and design approval to continue

    Construction loan activity continues to track toward closing

    Project team alignment


    Dirtwork Contract in Place

    Change Order Log (Full Summary on File):