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Real Estate
 Marc Stiles Real Estate Editor |
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July 29, 2010
Real Estate Buzz: Outside builders check out Black Diamond
By MARC STILES
Real Estate Editor
Real Estate Editor
YarrowBay, a developer of master-planned communities, last week closed on its fifth and final property for the Lawson Hills project in Black Diamond. The developer spent more than $8.4 million to purchase 93 acres and this moves the project closer to construction, says YarrowBay Managing Partner Brian Ross. It also could clear the way for home builders from outside the Puget Sound area to enter this market.
One day Lawson Hills, together with The Villages development also in Black Diamond, will total some 6,000 single-family homes and 1.5 million square feet of commercial space.
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Previous columns:
- Real Estate Buzz: Apartment sellers 'take your medicine now', 07-22-2010
- Real Estate Buzz: Benaroya selling Ballard Denny's site, 07-15-2010
- Real Estate Buzz: Developers: It's time for a new approach, 07-08-2010
- Real Estate Buzz: Co-founder leaves Gibraltar for new firm, 07-01-2010
- Real Estate Buzz: Gull buys Iron Springs Resort for $1.6M, 06-24-2010
- Real Estate Buzz: Bids being taken for distressed high-rise site, 06-17-2010
- Real Estate Buzz: Kennedy Associates ready to start buying, 06-10-2010
- Real Estate Buzz: Burien Town Center phase 2: Cinema, 06-03-2010