Thursday, February 11, 2010

Children’s Hospital Expansion and Condos

Congratulations to the Laurelhurst neighborhood and Seattle Children’s Hospital. Although there are more hoops to go through, Seattle Children’s Hospital has reached an agreement with the Laurelhurst Community Club to build a scaled back expansion of the hospital. One of the hoops that Children’s Hospital still faces is the hospital had agreed with the homeowners to buy their 136-unit condo building for $93 million or an average of over $683,000 per unit. Per the Seattle Times (see last 3 paragraphs) a third party is questioning if Children have paid enough for the condos and refers to the law that requires that lost housing be replaced.


Post a Comment