The Seattle PI reports today on Intracorp putting up their 2nd and Steward (aka 1915 2nd Ave) project for sale, Belltown high-rise project put up for sale:
“The opportunity is to acquire a fully entitled downtown development site with some of the most sought after unobstructed views in Seattle,” the listing for the 12,950-square-foot property says.
This is their third bust after first Expo 62 and then Domaine making the Parc their only Seattle “success”.
If you wish to purchase this unfinished project, check out the listing.
Popularity: 12% [?]
4 responses so far ↓
1 jo // Aug 12, 2008 at 1:48 pm
Did Domaine sell yet?
Also - did anyone happen to notice that Moda is turning to apartments?
2 Dan C. // Aug 12, 2008 at 3:01 pm
Domaine has not yet sold…Expo62 sold and has done quite well in its lease-up phase.
I imagine you would have to get pretty hefty rents to justify paying for Domaine…that project is f*cked
3 1915 Second Cancelled « Seattle Condo Blog | Active Condos for Sale | Downtown Market Trends // Aug 13, 2008 at 10:38 am
[…] has failed to comment as to why they seem to be unsuccessful with recent development attempts. As Matt Goyer points out, the Parc seems to be Intracorps only project over the last couple of years th…, or been converted to […]
4 Tim S // Aug 13, 2008 at 10:55 am
Can we all remember these the next time someone complains about developers making ‘obscene profits’ and sticking it to us little guys?
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