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Real Estate

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July 27, 2021

Land sale, for over $7M, clears path for 215 Columbia City units

Real Estate Editor

Rendering by StoryBuilt [enlarge]
StoryBuilt has assembled the site for Felix North (left), and already owns the site for Felix South (right). Rainier is in the foreground of this view.

The doomed old Crescent Apartments have sold for $7.7 million to developer StoryBuilt, which is planning a 215-unit apartment project at 5201 42nd Ave S. in Columbia City. The buyer, which is based in Austin, already owned a smaller portion of its intended site.

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