Sep 21, 2017
New Seasons’ Mercer Island store was its first in this area.
Lake Union Partners has its first major tenant for MidTown Center at 23rd and East Union Street. Portland-based New Seasons Market will lease 18,000 square feet on East Union Street, likely opening in late 2018. In a statement, CEO Wendy Collie said, “The Central District is such a wonderful neighborhood, rich in history and culture. We are honored to join and serve this community.” New Seasons operates a store on Mercer Island and plans to open one in Ballard next year.
Seattle Housing Authority said that its 83-unit Raven Terrace at Yesler Terrace was named 2017's best public housing redevelopment by readers of Affordable Housing Finance magazine. It opened in December 2015, and was designed by Weber Thompson and built by Walsh Construction Co. SHA Director Andrew Lofton said it provides a long-term housing for people at the lowest income levels. Redeveloping the 30-acre Yesler Terrace includes a mix of market-rate and affordable housing.
The Tacoma Community Redevelopment Authority Board is seeking nine new members to serve two-year terms. The city wants members with legal experience as well as finance, construction or development, accounting and real estate. Information is at cityoftacoma.org/cbcapplication.
The International Special Review District (ISRD) board has three vacancies to fill. Nominations are due by Oct. 24, and the election is Nov. 21, at the Bush Hotel. The seven-member board approves new development and historic preservation projects in the ISRD. Information is at: seattle.gov/neighborhoods/preservation/id.htm.
NAIOP's Oct. 18 breakfast meeting will focus on sustainable development in Fremont. Speakers will include Mark Grey of Stephen C. Grey & Associates, Stefan Riedl of Google and Mike Ross of Tableau. Google and Tableau are major tenants in the booming tech neighborhood. The event starts at 7 a.m. in the Hyatt at Olive 8. Registration and details: naiopwa.org.
Chicago-based Level Office formally opened the historic 1892 Pioneer Building as a co-work facility last fall. Now it's introducing Pioneer Park, a new ground-floor amenity and event space, with an opening party at 4 p.m. Thursday, Oct. 19. Pioneer Park has 5,100 square feet and 17-foot lofted ceilings. The space was once home to Doc Maynard's bar and night club, which closed over a decade ago. The new Doc Maynard's Public House is next door at 614 First Ave. Level Office bought the landmarked Pioneer Building for $20 million in late 2015.
Capital Pacific isn't changing its name. But the 20-year-old company, which has offices in Seattle, Portland and the Bay Area, announced a new rebranding effort and a new interactive website. The company says it wants to highlight its client support system and family-like culture.
Sep 14, 2017
A 19,000-acre property in Klickitat County is on the market, with a listing price of $17 million. Idlewild Canyon ranch is east of Highway 97, south of the Yakama Indian Reservation and north of the Columbia River. Listing agent Tyler Jacobs of Hall and Hall says it's the largest property for sale in the state. The land is suitable for commercial timber operations, seasonal grazing and recreation. Game hunting includes deer, wild turkeys and black bears. Timber production of Douglas fir and ponderosa yields approximately 4,400 board feet per acre.
Seattle Housing Authority has announced that it will buy an old records storage facility at 1215 E. Fir St. from King County for $7.1 million. SHA plans to find a nonprofit partner to develop about 125 affordable units on the 48,000-square-foot site. The sale won't close until late next year. SHA's Andrew Lofton said in a statement, “The King County site, close to the [Bailey Gatzert] school, transit options and other amenities, is the perfect location for affordable housing focused on families.” Redevelopment of SHA's Yesler Terrace continues, with the newly opened Hoa Mai Gardens at 221 10th Ave. S.. The 111-unit complex was designed by SMR Architects and built by Andersen Construction.
Los Angeles-based iBorrow has made a $4 million bridge loan to renovate the Granary Building on the waterfront in Bellingham. Harcourt Developments, of Dublin, is renovating the vacant 1928 structure that was once slated for demolition. It is part of the city's plan to redevelop 237 acres along the waterfront and eventually create 1.1 million square feet of office space, 2.2 million square feet of industrial space, 450 apartments, a 146-room hotel, 65,000 square feet of retail, and a gym and leisure center. Portions of the land were polluted by Georgia-Pacific's former pulp and paper mill. In a statement, iBorrow's Brian Good said the Granary Building “is a one-of-a-kind property with historic value” that will kick-start the entire development. Harcourt is doing the Granary Building and 18.8 acres first while the city looks for other development partners. The Granary Building will have 56,529 square feet of office space. RMI Architects of Belfast is the designer, and Harcourt is the builder.
The city of Kent and the Washington State Food Truck Association announced that food trucks will now be serving the lunch crowd at Town Square Plaza, at 426 W. Smith St. The trucks will gather from 11 a.m. to 2 p.m. weekdays, beginning Sept. 20. Vendors will rotate on different days. Kent Mayor Suzette Cooke said in a statement,“The popularity of food trucks in other cities is well-known. We're thrilled to bring this new dining experience to Kent.”