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Construction Watch

Good news for renters: more rental units will be available in the coming years as two new apartment buildings are to be erected north of Downtown Seattle. The joint venture of Los Angeles-based Resmark and Seattle-based Intracorp are going to erect a 7-story, 161-unit building in the U-District, while another 6-story, 112-unit building will go up in Roosevelt. Construction is slated to start in early 2013 [PSBJ]