A fully approved, 196-room Residence Inn by Marriott development in Seattle’s Yesler Terrace neighborhood is now available for a new owner to take over and build, according to the Seattle Daily Journal of Commerce. The site at 718 Yesler Way has sat as a vacant patch of fenced land for several years while the original developer, Prospera Hotels, held its master use permit without breaking ground. The listing, historically brokered through CBRE — which has handled dispositions for the Seattle Housing Authority throughout the 30-acre Yesler Terrace redevelopment — positions the property as a turnkey development opportunity in one of the city’s most dramatically transformed neighborhoods.
For the full story, go to The Registry PNW.
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