As I wrote two weeks ago, the City an Bosa Development finalized their agreement on developing the Civic Square site across the street from City Hall. Today the Mayor sent the agreement to the City Council for its approval.
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City reaches verbal agreement on Civic Square project
Back in May, I reported that that the city had extended its deadline to June 30 for reaching agreement with Bosa Development on the details of the Civic Square development project — i.e. the big hole in the ground just west of City Hall. A spokesperson for the city’s Finance and Administrative Services Department told me this afternoon that the parties reached a verbal agreement before the deadline and are now hashing out a written agreement: We did reach a verbal agreement on all major points by the June 30 deadline, though we cannot share the deal terms publicly until …
Continue readingWhat’s going on with the Civic Square project?
Right across the street from City Hall is the “hole in the ground,” aka the Civic Square project. After years of starts, stops, scandals and recessions, last October Bosa Development signed an MOU with the City of Seattle and Triad Development to take over the project, pending the signing of a new development agreement with the city. Their intent was to have the next agreement signed by December 31, and Bosa would begin construction by June 30, 2018. Since then, silence. What’s up?
Continue readingThe new plan for Civic Square
Last Friday, Mayor Ed Murray announced that an agreement had been reached to transfer the troubled Civic Square project over from Triad Development to Bosa Development. The details are pretty interesting.
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