Wow...

Six point two for the land alone. If only I had that kinda problem in my life.

 

$142 bucks a square foot. That's downtown bellevue commercial building pricing. Someone really thinks a chunk of their land up yonder on the eastside don't they

 

^^ Yeah, you are right about that. I'd buy commercial with that kind of coin. MUCH larger potential for profit.

Even funnier is I researched the lot and its owned by a Russian couple!

 

those crazy ruskies

 

$6.2 mil for the land, plans and permits. If these guys are smoking crack, then I'd like to know what kind it is because it must seriously be strong!

 

^^ I agree. Although I'm not surprised, I recently saw a NON WATERFRONT lot about that size with NO potential for view sell for $3.9M in Medina... BUYERS are smoking the crack!

 

If the owners first name is Eugene, than it isn't a couple, it is a Brother and Sister. They are buying and selling all over the eastside right now. But they still can't find a way to get EuroTower off the ground, or out of the hole if you will.

 

^^ That's not them. Different folks. Is EuroTower supposed to be that Slim style skyscraper with the stacked parking? There was word of a project like that slated for Bellevue but nothing ever came to fruition. I have been wondering what happened to that project.

 

I have the inside track on being the only low voltage vendor on that project, if it happens. They are still having trouble with financing. It is a very cool concept, only one unit per floor, all units are sold as a shell and the owners get to build them out as they want too. The car park stacking system is very cool too. I really hope it happens, only 17 clients, but these are the 17 clients you want!!

 

^^ Interesting. We may have already seen the plans for this project... I don't know the details, but we were approached to bid it, and it was the same concept. 1 unit per floor, and they go up in price the higher up you go. It was either this project, or one exactly like it in Bellevue lol.

 

This would be the same =)

I have the plans somewhere too. I just hope we get to use them!

 

^^ Me too.

 

 

David, I was thinking the same thing about the trailer! I can just imagine.

"Dad, i got this really sweet house for $6.2M...but uh, can I keep my truck and trailer at your place in Darrington? I don't have enough space to get it down my driveway."

I'm sure that anyone that paid the $$ to build this out would probably have enough to have their cars SHIPPED to the track for them.

 

doubt that they would be tracking at PR...