There could be big changes coming for a Broadway building in the midst of a development wave around Capitol Hill Station.
County records show that 206 Broadway E, the longtime home of the Highline and previously home to the Castle Megastore before its move to E Pike, has sold for $6.35 million.
The company at the middle of the sale is Seattle-based True Brands, a “leading wine lifestyle brand and marketer.” The company’s Dhruv Agarwal declined to comment on the company’s plans for the building when contacted by CHS this summer.
In 2013, True Brands bought the Fremont Foundry and transformed the building into office space for the company as well as events space. For a little trivial pursuit, the bronze statue of Jimi Hendrix that rocks for eternity on Broadway near Pine was reportedly forged at the foundry back in its days as an active workshop.
City permit records for the Broadway address show an early filing for “tenant Improvement in existing 13,774 sf retail and nightclub spaces” including a “change of use of existing 7,005 sf subterranean parking” to allow the space to be used for commercial purposes.
We’ve reached out to Agarwal for an update and also are checking in with the Highline about the vegan club’s status and future on Broadway.