KIRKLAND, WA-Construction is underway here on a 62-room extended-stay hotel. The developer is locally-based West Water Real Estate Services. The project is slated for completion in late 2001.

The 60,000-sf project is being developed at 90 Central Way, near the Kirkland waterfront. Keith Maehlum, president of development for West Water Real Estate, declined to disclose the cost of the hotel, but he did say the project has been in the works for five years but had been delayed due to a moratorium.

The hotel is being constructed on top of and behind an existing one-story building owned by West Water Real Estate. One of the building’s two existing tenants, Cucina Presto, part of a chain of restaurants located in the Puget Sound region, has opted to close its doors rather than sit through a year’s worth of construction. “They elected to leave and we agreed to terminate their lease,” says Maehlum, noting that the restaurant owners would have been obliged to make improvements to the building had they stayed.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.