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CDNews reported recently that the funding and plans for a streetcar running between First Hill and Capitol Hill were about to snap into place. Tuesday morning, the City Council's transportation committee will possibly help get things snapping with bill #116636:
Stay tuned. CHS will have details from Tuesday's council committee session and what's next for the, ahem, First Hill-Capitol Hill streetcar. Tomorrow night the Capitol Hill Community Council's Planning and Policy Committee will host a discussion with the developer, Point32. Point32 is a real estate company with some prominent projects lined up here on the hill; both the rehabilitation and addition of the historic Belroy Apartments and the Bullitt Foundation's new headquarters on Madison will shift the urban fabric in their respective micro-hoods. Bullitt Foundation director Denis Hayes, Miller Hull architect Craig Curtis, and Point32 CEO Chris Rogers will discuss the new Bullitt Foundation headquarters. The Bullitt Foundation, one of the largest enivronmental foundation's in the country, has plans for a new headquarters at Madison and 15th, currently home to C.C. Attles (CDN coverage here). True to their mission, Bullitt wants a living building that sets a new standard in green architecture. They have also said that they hope to create a building that is "uniquely Northwest" in style. In addition to the Bullitt offices, the building will likely have... Pat Grimm is Owner/Broker of Windermere Real Estate/Capitol Hill located on 19th Ave E. His office is not currently representing and does not own property in the Brix building. Last week, Seattle Real estate pundits were predicting that the Brix and Gallery auctions would yield prices that would be 30% off the original asking prices, but I wouldn’t have bet on it. Patterns from previous auctions at The Press (-17%), Queen Anne High(-32%) and Lumen (-38%) and the sheer number of units being sold at one time … 80 plus … suggested to me that the discounts would be greater. Interestingly, the pundits were almost dead on. The numbers are in and it looks like the Brix and Gallery average auction prices came in at 30.37% and 32.47% respectively off original prices. Did the winning bidders get a good deal? Well, I’d have to get out my crystal ball to answer that but that thing broke last year. In all seriousness, time and the marketplace will ultimately define the good deals. My gut is telling me that these buyers did... Here are the results of the Brix Auction that happened earlier today at the Grand Hyatt. I estimated the crowd size to be between 450 and 500 people. Urbnlivn estimates that there were about 200 registered bidders, and the rest of the crowd were guests. According to Zillow, the average sales price per square foot of a condo in the 98102 zipcode (where Brix is located) was $378 in July 09. I have highlighted (in yellow) the units where the bidders were able to secure the condo for below this market valuation - click to enlarge the table. Units (or Homes) are listed by the order they were sold at auction. For an opinion on Sunday's auction, check out patgrimm's write-up.
After a quick stretch led by the Rain City Soccer team, the giant crowd took off, led by the student AIDS awareness group Aspen. The 5k route took participates down 12th Ave. all the way to Union, and back up to Volunteer Park via Broadway. Some chanting, some just chatting, participants filled the blocked off streets with what appeared to be a never ending chain of people.
After the route was completed, walkers and runners were greeted with music, food, and plenty of water in addition to the cheering group of hundreds of volunteers that made the event possible.
Capitol Hill has known for a long time now that its farmers market is going to have to move. A recent vote by the City Council is going to make that move much less painful:
The City Council approved the ordinance reducing the fees and streamlining the process. Which brings us back to Broadway. The parking lot that the Broadway Farmers Market calls home was purchased by a developer with plans to construct a mixed-use building on the site. CHS hears, btw, that SRM Development is about to finally make its plans public -- more on that soon, we hope. Capitol Hill's market was one of those in the city being 'shuffled around.' CHS asked the head of Seattle's Neighborhood Farmers Market Alliance, Chris Curtis, what the new rules will do for the Broadway market. Here is her reply:
The Broadway Farmers Market is open every Sunday through December 20, from 11am to 3pm, at 10th Ave E and E Thomas.
It has been more than three months since the last public meeting to discuss the status of the Capitol Hill light rail station and tunnels construction. On October 8th, Sound Transit will hold a forum to discuss the status of construction and the application process for a noise variance the agency must receive from the City of Seattle to achieve its ambitious round-the-clock construction schedule. Back in June, representatives of the agency told a forum audience that the noise variance would be applied for 'in weeks.'For more on that and a lot of the topics on the agenda again for October, check out our CHS writeup on the June forum: Light rail construction noise meeting: Big walls, new crosswalks, 24-hour work
CHS talked briefly with Sound Transit spokesperson Bruce Gray about the forum and a few other ST items of note:
Pat Grimm is Owner/Broker of Windermere Real Estate/Capitol Hill located on 19th Ave E. His office is not currently representing and does not own property in the Brix building. Sunday, September 27th, condo developer, Schnitzer West, will be attempting to move 40 units at Brix on Capitol Hill and 43 units at Gallery in Belltown…all within a 6 hour period. The issue is that no one has ever attempted to sell…bang of the gavel…gone…80 plus condominiums in a single afternoon in the City of Seattle. It’s a little like trying to predict the outcome of the Seahawk game this weekend, but there’s no question in my mind that the outcome will impact Seattle real estate. Which brings up some interesting questions: Is the market deep enough? Are there enough sideline players waiting for this kind of opportunity? How much more than the minimum bid will they go for? What percentage off the original list price will they go for? The outcome of this event could speak volumes in terms of where we really are with the Seattle real estate market … as it applies to condos.
But Schnitzer West isn’t the only one laying things on the line here. Every condo owner in the city has something at stake here as well, especially the condo owners with their property on or soon to be on the market. It should be noted that more than half of the dwelling units in the City are now condos, townhomes or co-ops.
On the other hand, I can also see the potential for a lot of bidding and a ratification that the expectation adjustments that have already been made are true to the market. Either way, I think we’re going to find out where the market really is, and right wrong or indifferent, it is what it is. And that is bound to create some certainty in the minds and hearts of Buyers and Sellers, which can be stabilizing. … and after the past couple of years, I welcome stability. As for me, I’ll have to choose between the Seahawk game and the auction on Sunday afternoon. I have to admit, the auction could be way more interesting.
CHS just heard a call go out on East Precinct police radio regarding a woman reporting being assaulted by a demonstrator on Broadway. We were wondering what kind of demonstration was happening on Broadway that we'd somehow missed. Then we saw this picture in @kevinseattle's tweet stream and everything made sense. More when we can find out what happened from SPD. There's more than one way to remove the layers of multilevel marketing and rock posters that accumulate on Capitol Hill utility poles. This afternoon around 1:25 PM, two Seattle Fire trucks were dispatched to extinguish a utility pole aflame at the corner of 11th and Pine. No official word on cause. Though God's wrath can't be ruled out, SPD was at the scene interviewing -- or, really, being interviewed by -- one of the neighborhood's colorful and loud-yelling inhabitants. Mayoral candidate Mike McGinn released his proposed music and nightlife policy. It sounds like great news for existing bars and clubs. According to the Seattle P-I article:
This is particularly great for queer nightlife on Capitol Hill. I don't know if any one else has been nervous about the re-development next to The Cuff. Hopefully, this would protect bars (especially gay bars) who are harassed by new neighbors who want to live in a vibrant part of the city but then don't want to deal with noise and traffic. A group driving the effort to make sure Referendum 71 passes says recent polling data suggests they have their work cut out for them. While 51% of respondents in the survey said they would vote to approve when read the exact text of the referendum, survey participants who were 'unsure' of what R-71 is about "tend to vote 'no,'" according to the Approve 71 campaign. Here is the language for the referendum voters will see in November:
And here is the release about the polling data from Approve 71:
Here is the Slog's take on the poll data and the Weekly's. Check out GayCapHill.com for ways to get involved on the Hill. CHS wants to see one of the individual leaders of the Hill's 'transit oriented development' process buy into the very area the process will transform. Sound Transit officials, Capitol Hill Housing reps, City of Seattle planners, 110 10th Ave E waits for you. When CHS covers the 'transit oriented development' process related to Sound Transit's construction of the Capitol Hill light rail station, we're generally pretty positive. There is a huge opportunity to build something great. And there are plenty of signs that a community-driven process really will continue to emerge and define what gets built in the heart of Broadway and, to increase the import even further, the heart of Capitol Hill. That's what transit oriented development should be about -- TOD should be public transit focused, community minded and shaped by the people who live, work and ride in the area of development. But there is another side to all of this. TOD is a euphemism for market driven development -- except, in this case, the developer happens to be a gigantic public agency. Already the framework is in place for requiring any of the TOD to achieve 'fair market value' -- you'd have to build condo towers to the moon to counterbalance the community and arts facilities some of the pinko commies (like me!) would rather see in the space. All of this leads to a very real opportunity to put money where mouths are. On 10th Ave E, across the street from the expanse of blacktop currently capping the light rail station construction zone, one residential property has recently sold, one is sold but pending and another is for sale. To buy a home on 10th Ave E right now is to have deep faith in the TOD process. It is truly putting skin in the game. 110 !0th Ave E is a 3,000 sqft, 5-bedroom home built in 1908. It last sold in November 2002 for $410,000 -- that would be a 50% appreciation if you offer full price. The gain would be about in line with other similar homes in the area for the period. It currently has a Walkscore of 97 -- imagine what kind of score it will have once the trains start running and if TOD produces a great space. The home directly to the south at 106 10th on the corner with Denny has an offer and is currently pending sale. The house last sold in December 2006 for $500,000. Other homes in the 98102 ZIP code have fallen more than 10% in this period. This buyer is buying into TOD. Meanwhile, this 10th Ave E condo sold back in January for less than it was paid for in September 2006. For a transit official or community group leader with deeper pockets, there's also this larger development project to consider -- though the neighbors don't seem very welcoming. So there's the opportunity. The lucky stakeholder who moves into the neighborhood has to put up with eight years of construction. When that works is complete, they'll either live across the street from a development that is public transit focused, community minded and vibrant or they'll be staring at a massive wall of expensive condos and a mall. And, yeah, they'll probably actually look out on something in between. But knowing that one person has skin in the game and is truly part of the community directly affected by TOD would give us a whole new appreciation for the process. Last week, we told you about the latest new business taking up residence in the restored Odd Fellows building. A press release issued today by the building's developer has details about Flora and Henri's move and three more tenants set to hang their shingles at Pine and 10th Ave:
The release describes Nube Green thusly -- you can find out a little more here http://www.nubegreen.com/
The Stranger doesn't like Tom Carr. Comrade Bunny's mom doesn't like Tom Carr. You can not like him yourself or welcome him to the East Precinct Thursday night -- your call.
By the way, Carr's opponent in the City Attorney race, Peter Holmes, racked up yet another endorsement last week, the Seattle Times reports. If you heard the sirens very early Sunday morning on the east slope of the Hill, here's the scoop. Fire spokesperson Dana Vander Houwen said that the 4-alarm response to 2421 E. Aloha around 2:45 AM Sunday morning involved a fire in an attached garage with a second story above the garage. Vander Houwen said firefighters put the fire out quickly and the fire did not spread to the second story. There were no injuries. The residents of McKinney Manor senior housing are picketing this Sunday morning at 19th and Madison in protest of what they say is chronic neglect of their housing by the manor's owners, Mt. Zion Baptist Church. The senior group says it has been asking for help from city agencies since March 2008 because of the lack of repairs and leak problems in the building managed by Quantum Management. Samuel B McKinney Manor is located at 1916 E Madison St across the street from Mt. Zion. A row of blossoming trees along Pike aren't enjoying this rainy Saturday morning. Whether by douchebaggery or nature, four of the trees have tragically snapped limbs. Branches break. Blossoms drop. It rains a lot in Seattle. There's an empty storefront on Broadway. The stuffed-to-the-gills convenience store at the corner of Harrison and Broadway is out of business as of September 13 according to a paper sign hanging from its glass door. Broadway Grocery didn't carry a lot of things you might include in the 'grocery' category but it was a pretty typical convenience store. Anybody going to miss it? There's a new neighbor moving to the Odd Fellows building. And they've got kids. This is not the first visit to Capitol Hill for Flora and Henri. They've kept a store in the Loveless building on Roy after closing their downtown store in February. There is also a Flora and Henri in New York City's Upper East Side. A truck hauling a trailer carrying two cars bottomed out on this hill on Aloha near 23rd this afternoon blocking traffic and leaving the driver and police looking for a solution to get things moving again.
1:11PM
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Big rig bottoms out, blocks Aloha
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The truck's driver has tried unsuccessfully to raise his trailer and gain traction. The police officer at the scene said a tow truck has been summoned so the real show is about to begin. And now it's starting to rain.
1:46PM
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Big rig bottoms out, blocks Aloha
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The truck and trailer remain stuck and the summoned tow truck has not yet
arrived. The owner of the vehicles being hauled is at the scene and told CHS he had recently purchased the cars and was having them shipped to his home. The owner said the driver wasn't familiar with the area's streets and underestimated the grade of the hill's slope. The Sylvie, a new 12-unit townhome at 311 14th Ave E. is set to open Thursday. The homes, designed by Seattle-based DB2 were designed as some of the greenest units in Seattle, targeting both 5-star Built Green and LEED Platinum certifications. The homes utilize all low energy fixture and appliance, tankless water heaters, and are also pre-wired for solar panels (but you have to purchase the actual panels yourself). All the units are 3-bedrooms and range between 1,478 - 1,615 sq ft. including a rooftop deck. No word yet on the asking prices but the fact that it's
We're not the only site covering Capitol Hill:
Update 10:05 PM by Lucas Anderson, Neighborlogs.com: The Candidates played to the usual line up of topics, fielding questions on background, nightlife and development, transportation, budget, and the standard Alaskan Way Viaduct/deep bore tunnel question. When asked about what they would bring to the position, Mallahan cited his executive experience, and his background as a business leader with "insider support." McGinn responded, saying "Having the support of insiders is one thing, and having the support of people is what is important." With help from Mike O'Brien, a candidate for City Council, McGinn fought Mallahan's accusation that the "decision has been made" on the deep... A huge story for Pike/Pine development below Broadway starts its next chapter this week as BMW Seattle has moved all of its operations off Capitol Hill to new facilities in SoDo. We first reported on the pending move back in March. Thanks to @matthickey for the tip that the Capitol Hill facilities had closed and all the cars are gone. This spring, general manager Steve Bates said BMW was leaving Capitol Hill after 20 years because it needed a 5-story building and more than 2.5 acres to sell its cars. "This space is way too small," Bates said at the time. Bates said he expected to be operating in their new location on Airport Way by the end of July. Despite the delay, a BMW Seattle employee this morning confirmed that the Capitol Hill has been closed this week and all activities have moved to the new location. The BMV move leaves another potential gaping hole in the middle of lower Pike/Pine. In addition to the main 14,000 sqft lot that faces Pike, BMW operated its garage and service facility in... |












