{"id":28,"date":"2005-08-26T08:24:00","date_gmt":"2005-08-26T15:24:00","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=28"},"modified":"2005-08-26T08:24:00","modified_gmt":"2005-08-26T15:24:00","slug":"apartment-development-explosion","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2005\/08\/26\/apartment-development-explosion\/","title":{"rendered":"Apartment Development Explosion"},"content":{"rendered":"<p>Here&#8217;s another <a href=\"http:\/\/seattlepi.nwsource.com\/local\/238157_deano26.html\">anecdotal example<\/a> of the explosion of new apartments and condos being built in Seattle:<\/p>\n<blockquote><p>Already across the street from Deano&#8217;s they have brought an apartment building with a Safeway and Starbucks on the ground floor.<br \/>&#8230;<br \/>Another building across the street &#8212; the site of the former Oscar&#8217;s II nightclub across East Madison Street at 20th Avenue East &#8212; has a sign, &#8220;For Sale: 75-unit mixed use development.&#8221; And nearby, there&#8217;s another of those mixed-use developments with offices above a Curves fitness center.<br \/>By next spring, Dean Falls, the owner and the Dean in Deano&#8217;s Bar &#038; Grill, said he&#8217;s planning to tear down the structure and put up apartments or condos over stores. &#8220;It&#8217;s a matter of economic trends and the physical obsolescence. It&#8217;s the highest and best use for the land.&#8221;<\/p><\/blockquote>\n<p>That&#8217;s hundreds of new units cropping up in just a few years in the span of <a href=\"http:\/\/maps.google.com\/maps?q=20th+Ave+E+%26+E.+Madison+St.+Seattle,+WA&#038;ll=47.621207,-122.324524&#038;spn=0.083649,0.109752&#038;hl=en\">just a few blocks<\/a>.  This kind of development pace keeps rents from rising a lot faster than <a href=\"http:\/\/seattlebubble.blogspot.com\/2005\/08\/seattle-rents-creep-upward.html\">they are<\/a>.<\/p>\n<p>(<i>Kery Murakami, <a href=\"http:\/\/seattlepi.nwsource.com\/local\/238157_deano26.html\">Seattle P-I<\/a>, 08.26.2005<\/i>)<\/p>\n<div class=\"blogger-post-footer\">\n<div style=\"margin: 0 auto; padding: 2px; font-size: 12px; width: 150px; text-align: center; border: 1px dashed #4386ce; background-color: #D5E2F1;\"><a href=\"https:\/\/www.paypal.com\/xclick\/business=paypal%40timandjeni.com&#038;no_note=1&#038;tax=0&#038;currency_code=USD&#038;lc=US&#038;item_name=Seattle%20Bubble%20Donation\" title=\"Seattle Bubble Tip Jar\">Seattle Bubble Tip Jar<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s another anecdotal example of the explosion of new apartments and condos being built in Seattle: Already across the street from Deano&#8217;s they have brought an apartment building with a Safeway and Starbucks on the ground floor.&#8230;Another building across the street &#8212; the site of the former Oscar&#8217;s II nightclub across East Madison Street at&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[1113],"coauthors":[],"class_list":["post-28","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Apartment Development Explosion \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2005\/08\/26\/apartment-development-explosion\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Apartment Development Explosion \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Here&#8217;s another anecdotal example of the explosion of new apartments and condos being built in Seattle: Already across the street from Deano&#8217;s they have brought an apartment building with a Safeway and Starbucks on the ground floor.&#8230;Another building across the street &#8212; 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