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September 10, 2021

County buys another hotel for $11M

Real Estate Editor

As part of its ongoing initiative to buy old hotels and motels to house the homeless, King County has paid just under $11 million for a former Red Lion hotel at 1688 S. 348th St. in Federal Way. The county recorded the deal last week.

In a separate announcement, also last week, the state had announced over $39 million in grants to support the broader effort to create permanent supportive housing; the Red Lion was on the list of planned acquisitions.

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