The lot which has stood unused and empty for more than a decade is this week busy with drilling, pounding and concrete pouring as crews place huge girders into the soil and prepare to dig out space for the mixed-use building’s underground parking
Earlier this year, developer Lake Union Partners said it was paying $3.8 million for the lot lined up for development for years as the area suffered through the global economic meltdown of the late 2000s. The new owners acquired the land and the previously designed building with 92 apartments, 74 underground parking stalls, and 4,000 square feet of retail space. Lake Union Partners is also developing a lot at the northwestern corner of 24th and Union, where they hope to build a 39-unit building.
Change is — now — coming fast and furious for the intersection. Smaller shifts like a planned pot store called Mello Times are one sign. Bigger changes like the downshift of the US Postal Service and a planned rezone on the southeast corner of 23rd and Union are another. Capitol Hill Housing is also moving forward with its plans for an affordable mixed-use building for the site currently home to the old Key Bank/Liberty Bank building. The neighboring former Med Mix building remains without a new tenant but there is work on the lot to add a twin retail building to the corner.
For neighbors and business owners in an area that has been anticipating these kinds of changes but had yet to see much come to reality, seeing actual dirt being turned is apparently a little shocking. We’ve heard from several people with pictures of the work underway. “Can’t believe it’s finally happening,” one text message reads.