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Real Estate
 Brian Miller Real Estate Editor |
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May 13, 2021
On the Block: Developing affordable condos is easy … over in Newcastle?
Mithun designed the handsome Newcastle Library, at 12901 Newcastle Way, facing that city's commercial center — and next to a Chase Bank and McDonald's. The library was completed in 2013 by Synergy Construction. King County had acquired the vacant land in 2006 for $2 million. After the library opened, there was a boundary line adjustment and an unpriced land swap with SolTerra.
SolTerra got a 27,653-square-foot parcel, which for now continues to use the library's address. It's south of the library, on 129th Avenue Southeast, and includes some of the library's parking.
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Previous columns:
- On the Block: With $20M land buy, Shea plants the first TOD flag near Shoreline South station, 05-06-2021
- On the Block: Could senior housing be a post-pandemic winner?, 04-22-2021
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- On the Block: What will happen when WFH meets BTO?, 04-08-2021
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