Pacific Realty of Washington Inc., which purchased the property from the Hickey family in late 1999, originally envisioned nearly 300 townhouse and condominium units along with 70,000-sf of office space, a marina and two restaurants. As approved, the project will include only 136 to 138 condominiums, a 62,000-sf office building and a 96-slip private marina.
Poor access and financing issues are reportedly responsible for the significantly altered plans. Thanks to a land donation by the Hickey family prior the sale, however, the public still will have access to the site via a public pathway through the property that was built in 1999.
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