Land sale marks progress for complex housing project in Issaquah
The King County Housing Authority has closed a $14 million sale of a 4-acre property for a large, years-in-the-works transit-oriented development c...
The King County Housing Authority has closed a $14 million sale of a 4-acre property for a large, years-in-the-works transit-oriented development called Trailhead near Issaquah's Tibbetts Valley Park. The housing authority bought the property, at 1505 Newport Way NW, from Lumen Technologies Inc., according to a sales affidavit the county posted last week. There are some key unknowns about the approximately 340-unit project, including who the private development partner will be. Seattle-based Spectrum Development Solutions was working on Trailhead but pulled out of the deal.