Terminal One Motor & Yacht Club
October 8, 2026 · Edward Leos
Some collections are meant to be seen. Not displayed for everyone, but revealed to the people who understand what they’re looking at—the classic car found after years of searching, the vintage roadster with a story attached, the yacht that represents more than
a purchase. For those who’ve spent a lifetime acquiring exceptional things, the question becomes: Where do I house them?
On Seattle’s waterfront on the north edge of Magnolia, a new answer is taking shape.
Terminal One Motor + Yacht Club is creating an experience unlike any other in the Pacific Northwest: a private community where extraordinary automobiles and yachts have a place not only to be kept, but to be lived with.
Set along Commodore Way on the south shoreline of Ship Canal near the Ballard Locks, the development will comprise 9 acres and bring together approximately 100 individually owned condominium garages and dockominiums, creating a destination for collectors who see their most cherished belongings as extensions of themselves.
The distinction is ownership. These aren’t rented storage spaces tucked away from view.
The individual garages begin as highly finished blank canvases, allowing each owner to create a setting as singular as the collection inside, which can include mezzanine buildouts and utilities for a kitchen and bathroom. That could mean a private gallery with a lounge area for one enthusiast and a hospitality suite with tasting room for another. However it takes shape, the space belongs to its owner.
Terminal One is also designed to extend well beyond four walls. At the heart of the community will be a 3,500-square-foot forum, with outdoor spaces that spill into the surrounding property. There will be room for gatherings, rallies, rendezvous, fashion events and the spontaneous social moments that happen when people with shared passions find themselves in the same place. The future dock will offer the same sense of belonging on the water, with individually owned slips accommodating yachts, including superyachts up to 300-feet.
The idea is closer to a third place, a destination outside home and work built around what its members love. A place to bring family and friends. A reason to drive to Cedar Irons for a curated golfing experience, or to sail to Friday Harbor House for a pre-organized brunch.
It’s about having plans already on the calendar, and like-minded people to share them with.
Hospitality is woven through it all. Terminal One will be managed by Columbia Hospitality, the Seattle-based company whose reach across the Pacific Northwest helps make experiences like these possible. A dedicated concierge will provide personalized services, from valet assistance to private chef arrangements. 24-hour monitored security offers another layer of peace of mind, with treasured items under the watchful eye of an experienced team. Whether staying or going, professional management will care for every detail.
But perhaps the most intriguing part of Terminal One is its limited scale. For collectors accustomed to seeking out rare privileges, the chance to be one of the founding 100 members carries its own appeal. The 850-1,250 square foot spaces are being offered from the $600,000s with opportunities to combine garage units to create larger venues. Groundbreaking is set for October 2026 with first occupancy by late Spring 2027.
The first owners won’t simply be filling garages or slips. They’ll be establishing a community—and creating a place where the things they’ve spent a lifetime collecting can become something more: a living legacy.
Learn more about this exclusive opportunity, and register for upcoming events at TerminalOneSeattle.com.