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Real Estate Buzz
 Brian Miller Real Estate Editor |
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March 15, 2018
On the Block: Why is Tesla leaving SLU for U Village?
Tesla opened its South Lake Union showroom in 2009 — just in time for the recession, and before that neighborhood really exploded thanks to Vulcan Real Estate and Amazon.
At the time, there were still lingering traces of SLU's automotive past — like the old McKay Ford building, with its terra cotta facade now incorporated into the Allen Institute. Or the old Firestone building, which Martin Selig is now turning into offices across the street from Tesla. Selling electric cars to tech-minded people in SLU made a certain kind of sense, and had historical resonance — if not the smell of gasoline.
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Previous columns:
- On the Block: Why Bosa is so bullish on Bellevue, and on high-end condos in general, 03-08-2018
- On the Block: Here's how a distressed retail property in a ‘very cool area' of Tacoma tripled in value, 03-01-2018
- On the Block: Vulcan still has ‘five fabulous sites left' in SLU, and new horizons in Bellevue, 02-22-2018
- On the Block: The Brick Pit: 21-acre site along I-5 may be reclaimed and redeveloped with 124 houses, 02-15-2018
- On the Block: Mostly sunny forecast for Seattle, ‘The cloud capital of the universe', 02-08-2018
- On the Block: How a small Belltown triangle suddenly shifted to affordable housing, 02-01-2018
- On the Block: Office glut? What office glut?, 01-25-2018
- On the Block: Office building planned for skinny Fremont site, 01-18-2018