Startup

Startup, WA · Real Estate
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Seattle $34M land grab threatens Aurora Avenue businesses
SEATTLE - The City of Seattle is moving forward with a $34 million acquisition along Aurora Avenue North to build a centralized utility operations center, a plan that would replace several long-standing local businesses. Mayor Katie Wilson approved the land deal following months of City Council reviews. The city confirmed...
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Seattle’s largest apartment development touts luxurious hotel-style amenities
Seattle House, the largest apartment development in the city, begins welcoming its first residents this month. The half-block development at 2300 Sixth Avenue in Denny Triangle features two 45-story towers joined by a 13-story podium and adds 1,131 apartments to the area. It’s been one of the most anticipated projects in the Seattle.
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JBG SMITH Sells Majority Stake in Ballston Office Tower
JBG SMITH has sold a majority stake in a Ballston office tower it developed more than a decade ago. The Bethesda-based real estate investment trust sold a 90% interest in the 306,200-square-foot office tower at 800 N. Glebe Road in Arlington, the company announced in its third-quarter earnings report. The tower is valued at $79 million, according to the Washington Business Journal. JBG Smith will continue to manage and lease the property.