The design for the new thirteen-story apartment building at 201 Yesler Way began with a feasibility study, and review of an existing 1891 era building on the site. The project is located in the Pioneer Square Historic District and subject to strict guidelines and design reviews.  With the Pioneer Square Preservation Board's approval, the existing building was demolished.

The design of the new building provides 132 median-income apartments, each with laundry facilities and kitchen. The first floor provides a residential lobby, business center, and exercise room for the tenants  There is also a single retail space, which will visually engage Fortson Square, a small park to the west of the building, with large glazed openings and a raised sidewalk terrace. The building's exterior concrete frame, glazed window bands and vertical proportions recall the surrounding context of Commercial style and Richardsonian Romanesque buildings of the historic district. Currently under construction, the building will be completed in the Summer of 2007.