homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate Buzz



Brian Miller
Real Estate Editor
Subscriber content preview

September 11, 2025

On the Block: The burdens of Belltown

Before the Great Recession, then as the market later rose until the pandemic slump, we saw money flowing into Belltown. Some developers reaped great rewards on the way out. There was a flurry of high-rise activity, prompted by new zoning, along Fourth and Fifth avenues. Third, Second and First saw less action, but with a few notable exceptions.

Other lots and parcels on the west edge of the neighborhood (aka the Regrade), have remained more stubbornly low-rise … or continued as parking lots. There are slabs of concrete where Mama's Mexican Kitchen, the Wayne Apartments and the IBEW union hall once stood. Building permits have been issued, while owners and developers sit on their hands — waiting for a more favorable market. No new money has ventured into those blocks of late. Sales are rare.


 
. . .


To read this story in full login or purchase a subscription.



Previous columns:



Email or user name:
Password:
 
Forgot password? Click here.