With PCC announcing its plans to open a new downtown Seattle store in 2020, another potential player appears to be off the board to fill the key anchor tenant space in the Capitol Hill Station “transit oriented development” project slated to finally break ground this spring after a decade of planning. After a series of names attached to the project have either backed out or moved on, CHS has learned that talks have centered on a new, growing part of the region’s grocery and retail economy.
Capitol Hill Station master developer Gerding Edlen is finalizing talks with Han Ah Reum Mart, Inc. to fill the key retail space in the massively important housing, commercial, and community development set to fill a block of Broadway surrounding the light rail station, a person familiar with negotiations tells CHS.
The company’s H Mart stores are known for their Asian foods and home goods. The U.S.-based chain featuring fresh produce, meats, seafood, snacks and more opened in the University District last summer even as a long anticipated downtown Seattle project has remained on hold. Continue reading