GIS Companies Group, Master Builders Association of King and Snohomish Counties Celebrate Grand Opening of 157-Unit Apartment Community in Kent
KENT, Wash. (Sept. 19, 2022) – GIS International Group, DMG Capital Group, and Master Builders Association of King and Snohomish Counties (MBAKS) today ceremoniously opened Kent’s newest transit-oriented development just steps away from Kent Station. The building, which broke ground in mid-2020, will welcome its first residents later this month.
Madison Plaza, a mixed-use building featuring 157 market-rate apartment units, street-level retail, and a robust resident-amenities program, was also officially certified Built Green — part of a mid-day event that featured remarks from Kent Mayor Dana Ralph, executives from MBAKS, community dignitaries, and members of the project development and construction team.
Madison Plaza is only the second multi-family building in Kent to receive the Built Green designation. The 7-story building is one of several mixed-use projects being developed in the Kent market, a response to growing residential demand for centrally located projects near public transit, restaurants, retail, and other work-life amenities.
“We’re always humbled to share these important milestones with the many industry and community partners who played such a critical role in the project’s success,” said GIS CEO Eugene Gershman, whose company specializes in the development and construction of commercial buildings like Madison Plaza. “It’s the ideal location for workforce residents, and we look forward to future investments in this community.”
Built Green is the green home certification program of the Master Builders Association of King and Snohomish Counties. In addition to certifying green homes, remodels, apartments, and communities, the organization hosts a membership network of companies and individuals involved in the green building industry.
“We are thrilled to be a part of the opening of Madison Plaza,” stated Jerry Hall, Interim Executive Director at Master Builders Association of King and Snohomish Counties. “This Built Green 4-star certified multifamily building plays a crucial role in fulfilling our region’s need for more housing choices.”
Madison Plaza is located at 102 Madison Ave. N., across the street from Showare Arena, a short walk from Kent Station and its Sound Transit center, and adjacent to a wide range of retail, restaurants, and entertainment options. In addition to mid-market workforce-housing units, Madison Plaza features two floors of retail, a secure entry lobby, a fitness center and game room lounge area, bike storage and washing, a turf and dog run and a rooftop gathering space.
The Madison Plaza project team also includes award-winning architecture firm IHB Architects, financial and development partner DMG Capital Group, and Thrive Communities, which is responsible for leasing and managing the property.
About GIS International Group
GIS is a privately owned and operated group of construction, design, and development companies dedicated to creating dynamic, sustainable projects on commercial and residential sites. Headquartered in Redmond, Washington, GIS provides turnkey construction and development solutions, as well as project consulting and owner representation, to partners and clients throughout the Puget Sound region. GIS prides itself on its efficient, high-quality production and its deeply experienced team delivering project value across various industries and geographic boundaries.
About Master Builders Association of King and Snohomish Counties
Founded in 1909 and headquartered in Bellevue, Washington, the Master Builders Association of King and Snohomish Counties (MBAKS) is the nation’s oldest and largest local homebuilders’ association. Like our founders, our members continue to take a leading role in all facets of homebuilding and support the planning for a growing region. From new technology to advances in sustainability, from collaborative public policy efforts to investing in our communities, our commitment to a thriving, inclusive and well-planned region never wavers. We are the professional homebuilders, architects, remodelers, tradespeople (carpenters, framers, roofers, plumbers, electricians), planners and engineers, suppliers, manufacturers, and sales and marketing professionals in your community who believe everyone deserves access to a healthy and productive place to call home.