Keller Williams Greater Seattle, Ben Kakimoto, Seattle Condo Agent

Clise to Sell Denny Triangle Property

By on June 15, 2007 in Real Estate with 4 Comments

The Clise family, a major land owner in the Denny Triangle area, has put nearly 13 acres up for sale. With the recent zoning changes, this large swath of land is prime real estate for redevelopment. The parcels have a capacity of 13 million square feet of development which could exceed $7 billion in investments.

clise.jpg

Seattle Times article & this one

Seattle PI article

PSBJ article

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About the Author

About the Author: Ben Kakimoto is a Seattle condo and urban real estate marketing & listing specialist. Contact Ben to learn more about the Seattle condo and loft real estate market or about buying or selling a Seattle area condo. Find Ben on Google+, Twitter and Facebook. .

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There Are 4 Brilliant Comments

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  1. newbuyer says:

    this is such interesting news. We are wondering how long it might take to sell, and what will actually be built over that massive space of land. Pretty exciting as right now it is such a “no man’s land.” It will be great to add yet another area of interest to this already-interesting city.

  2. jcricket says:

    This is great news… It finally feels like downtown Seattle could stretch from Pioneer Square to Denny. Right now “downtown” feels “alive” only in a very small section.

    I’m sure that the coming housing downturn will limit the immediate massive build-up the Clise family was hoping for, but in the long-run it’s great that Seattle will have a real city built up.

  3. Brian says:

    Given Microsoft’s repeated preference for the Eastside, it’s not likely to happen… but its fun to think of Microsoft buying this location to build out a Seattle campus.
    1) Its continuous, so they could create a ‘campus’ like feeling
    2) It’s close to the Westlake station, so Micorosoft employees could finally have an option of using transit
    3) Its high building height limits could support nearly all forseeable growth desired by Microsoft
    4) It’s urban environment could help attract the smart urban 20-somethings a compnay depends upon for innovation and growth

    Seems to me this beats the heck out of 5,000 car parking lots, 6 story buildings that require driving between meetings, and conitnued reliance on 520… One can only dream…

  4. newbuyer says:

    that’s funny because we thought (or dreamt) of that , too! What a cool addition THAT would be to Seattle. . .

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