Update: private property redevelopment at and around Aurora Square

Wednesday, February 14, 2018

Image courtesy City of Shoreline
Several major pieces of property in and around the Aurora Square shopping area have been in play for several years.

Here's the update from the City of Shoreline:

Sears
Sears sold its 17 acre property property to Merlone Geier Partners in mid-2017 and is closing retail operations in April 2018. Merlone Geier Partners launched a website in January 2018 to solicit input and provide updates on redevelopment progress.

Super China Buffet site
The Super China Buffet site application to replace the restaurant with an apartment building expired in 2017. The applicant was unable to get a needed internal shopping center operational agreement amendment from the other CRA property owners.

Triangle property on Aurora
The triangle property between Westminster Way N and Aurora Avenue N was proceeding in 2016 when the developer, Lobsang Dargey, ran into legal issues with the SEC. The property was put into receivership, and the City worked with the Receiver to get the buildings demolished and is now working with the company that has the project under contract, Trammell Crow Residential.

TCR has resolved two major hurdles: 1) resolved bankruptcy issues, and 2) received approval on its environmental cleanup plan of former dry cleaner contamination from the Department of Ecology. Now the 324-unit project is completing the building permit process and hopes to break ground in June 2018.



1 comments:

Anonymous,  February 16, 2018 at 3:13 PM  

So clever and misleading that the city has issued this information with the word PRIVATE property when they legally deemed the whole area as a CRA - Community Renewal Area, which gives the city more control over what is done with said "private" property. Also clever of them to downplay Dargey's situation as "legal issues". He committed FRAUD with his EB-5 millionaire green card scheme.

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