I guess it matters how big it is...but if it is as big as the hole on Second and Pine behind the Bon Marche parking lot (yeah, I know it is no longer the Bon Marche, although there is still a sign saying Bon Marche on the northwest corner) then it takes eight to ten weeks. The developers still plan to build a condo/hotel project there but in the mean time they are going to operate the filled in hole as a parking lot until the capital market stabilizes. It cannot be cheap to fill in a hole especially it takes 2 months to do so, so the project has to be years away.
Seattle Times
Friday, October 16, 2009
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