Lynnwood Lakefront Showdown Brews Over 173 Unit Affordable Housing Plan

Just west of Scriber Lake Park, a big change could be coming to a quiet corner of Lynnwood: Blackfish Capital is floating plans for a seven-story, 173-unit affordable apartment building that would hug the edge of the city’s signature wetlands.

The project, called Apollo Scriber Lake, would stack mostly one- and two-bedroom units on a roughly 1.2-acre site and, according to the developer, target households earning about 60% of the area median income. The application is now in Lynnwood’s project-development review pipeline and would merge two parcels near 198th Street SW into a single site that backs right up to the park.

Blackfish filed plans in late 2025 and is marketing the proposal as a much-needed affordable housing boost in a transit-friendly pocket of the city, Puget Sound Business Journal reported. The outlet also flagged the building’s size and its perch next to Scriber Lake Park as likely flashpoints once neighbors and park regulars start weighing in.

What the developer says

On its project materials, Blackfish describes Apollo Scriber Lake as a transit-oriented development featuring 173 below-market units in a mix of one- and two-bedroom layouts. Amenities on the drawing board include a community room, package rooms and secure bicycle storage, according to Blackfish Capital. The firm also highlights electric-vehicle charging and dedicated bike storage as part of the package…

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