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A New Mixed-Use Development Transforming Downtown Olympia
Market Flats: A Major Step Toward a Vibrant, Walkable Downtown

A Major Step Toward a Vibrant, Walkable Downtown
Exciting changes are coming to Capitol Way N with the construction of Market Flats, a brand-new 5-story mixed-use development that promises to bring both housing and business opportunities to the heart of Olympia. Located at 302-310 Capitol Way N, this $6.5 million project is officially underway and set to reshape the city’s downtown experience.
What’s Included in the Market Flats Project?
The development will feature a thoughtfully designed mix of residential and commercial spaces aimed at fostering a vibrant, walkable community:
🏢 44 Residential Units: Four floors of housing options designed to meet Olympia’s growing demand for urban living.
🏬 Ground-Floor Commercial Space: Ideal for local businesses, shops, or dining establishments looking to attract foot traffic.
🚗 Structured Parking: Convenient parking solutions for both residents and visitors.
Why Market Flats Matters for Olympia’s Growth
As Olympia continues to expand, projects like Market Flats play a vital role in meeting the city’s housing needs while also supporting economic growth. This development will:
🏠 Help Address Housing Demand: With more residents moving to Olympia, additional housing options are critical to supporting sustainable growth.
🛍️ Boost Local Businesses: The ground-floor commercial space offers new opportunities for retail, dining, and services in the downtown core.
🚶 Promote Walkability: Located in the heart of Olympia, this project supports a more pedestrian-friendly urban environment.
Is This the Future of Downtown Olympia?
As urban centers evolve, mixed-use developments are becoming increasingly popular for their ability to blend residential, commercial, and community spaces. But the question remains:
💬 Do you think mixed-use developments like Market Flats are the future of downtown Olympia? Share your thoughts in the comments below!
🔗 Learn more about construction projects in Olympia: City of Olympia Construction Updates
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