Heads up waterfront watchers. South Lake Union’s Chandler’s Cove is getting a rebrand and a whole new, multi-million dollar look this year.

And how do you rebrand a cove? Well, a little like this.

Vulcan Real Estate announced plans this week to turn the five-acre property into a dining + retail destination called Lake Union Piers (ooh-la-la), with the first phase expected to be done this fall. Four of the 80s-era buildings will be getting some modern vibes and the whole area will become a little more pedestrian-friendly.

It'll also include:

More marine, recreation + entertainment space near the water’s edge, with better public seating areas and 5,700 sqft of outdoor event spaces
Construction of The Lantern, a light-filled building designed for food + beverage with wrap-around patios, front-row views of the lake, and a terrace that should be prime TikTok fodder 🍽️
At least 8,000 sqft devoted to outdoor dining
Upgraded building exteriors with a major maritime aesthetic + new plants placed along the shoreline
Connections to the Cheshiahud Lake Union Loop trail with enhanced walkways and greenery, plus reconfigured parking areas 🌳
40,000 sqft of available retail space on the ground floor and upper levels of all four buildings, so you can shop till you drop

Daniel’s Broiler, Waterways Cruises, and Northwest Yacht Brokers Association will stay on site, but future restaurant + hospitality businesses are still TBD. Stay tuned.

Meanwhile, if you’re looking for something to do while you wait for Lake Union Piers to make its grand debut, check out the Boats Afloat Show at the pier, which is still scheduled this year despite planned construction. Or look into MOHAI + the Center for Wooden Boats — both museums are within walking distance of the project and will totally get you in that Sound-loving mood.