Not open yet
Broke ground October 21, 2026, per MyNorthwest. The project site targets first occupancy in spring 2027; My Ballard reported summer 2027 for phase one.
You buy a garage here. Terminal One is a development of individually owned collector garages on Salmon Bay, beside the Ballard Locks, with a yacht marina planned as a later phase. My Ballard named the developer as Cantera Group.
What is planned
The project site lists “72 Luxury Collector Garages” in the current phase. Units run about 850 to 1,250 sq ft with ceilings of about 20 ft, and select units can be combined. Each has a private restroom, dedicated HVAC, 150 amp service and room for a mezzanine. Access is gated and controlled 24/7.
A future marina phase adds 35 more garages averaging about 2,000 sq ft, plus yacht moorage. My Ballard reported an owners’ lounge and gathering space called The Forum.
What it costs
The project site offers “introductory pricing and preferred selection from the mid-$600,000s.” MyNorthwest reported the same figure in October 2026. Priority reservations are open.
Where it stands
MyNorthwest reported that the project broke ground on October 21, 2026. The project site says “First Occupancy Targeted for Spring 2027.” My Ballard reported in June 2026 that phase one would finish in summer 2027 and the marina in late 2028.
Where the figures differ
The project site counts 72 garages now and 35 in the marina phase. My Ballard described “approximately 100 commercial condominium units across four buildings.”
- Source: Terminal One Seattle, project site, read 13 November 2026
- Source: My Ballard, Developer announces plans for Terminal One Motor and Yacht Club (Jun 4, 2026), read 13 November 2026
- Source: MyNorthwest, Luxury car condos in Ballard (Oct 26, 2026), read 13 November 2026