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August 18, 2000

Cuginis cry foul on Port Quendall redevelopment

  • Cugini family claims the city is forcing them to join Paul Allen's partnership or sell their site.
    • By JOE NABBEFELD
    Journal Real Estate Editor

    Redevelopment of Port Quendall, the highly-coveted but polluted site on Renton's Lake Washington shoreline, has hit a fresh snag that threatens to drown the 68-acre project.

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    The owner of about a third of the site, the Cugini family, hasn't joined a development partnership led by Microsoft co-founder Paul Allen's real estate executives. Nor have Allen's representatives reached a price the Cuginis find acceptable to sell their 23 acres.


     
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