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Developer pitches aQui2194 studios targeting 80% AMI near transit
Summary
A developer presented a concept for 48 studio units branded aQui2194 aimed at households at or near 80% AMI ($49,920'$68,750), with limited parking and amenity‑focused common areas. An October 2024 parking study recommended about 22 stalls for the site.
At a Jan. 14 work meeting, presenter Tereza Bagdasarova described aQui2194 as a transit‑adjacent, studio‑focused rental concept designed to reach households at about 80% area median income. The project materials show 48 units, market positioning toward young urban professionals, and shared amenity spaces including a rooftop lounge, fitness room, and dispersed laundry centers. The presentation listed income limits for the 80% AMI tier as $49,920 to $68,750 annually.
A parking analysis completed in October 2024 by Hales Engineering was cited in project materials; that study recommended roughly 22 stalls for 48 units and the presentation cited comparable aQui projects with low parking ratios. Presenter Tereza Bagdasarova stated, "aQui2194 is designed to meet the 80% AMI, housing attainability price point in the market with a transit adjacent, amenitized and price sensitive mix of rental housing units." The presenter and materials emphasized transit access and limited vehicle ownership among expected residents.
