Hope for the Stone Way pit?

[randy_byers]

Fremont Universe reports that the mud pit on Stone Way has finally been purchased by Prescott Homes of Kirkland. According to the Seattle Times article quoted, 'The Kirkland firm received a new land-use permit from the city last year for a five-story building with 150 apartments, a 15,000-square-foot “multi-purpose convenience store,” a 2,000-square-foot restaurant and a 189-stall underground garage, city records indicate.'

I'll believe it when I see it. I'm also curious what a multi-purpose convenience store is. Isn't the 7-Eleven across the street enough?

Comments

[randy-byers.livejournal.com]

According to the article, "The sale to Prescott, which was going to develop the condo portion of the project for QFC, has been in the works since 2007." I think the Prescott development was approved somewhere along the way, but the sale didn't go through until now for some reason. Probably had to do with the financial crisis.