On Sep 22, 9:12?am, Tim wrote:
Or do you still ride the slut?
http://www.msnbc.msn.com/id/20841428/
Can the route take you to the docks?
The tracks are basically in, but I don't think service has started
yet.
Interesting project.
Multibillionaire Paul Allen used a number of shell corporations to buy
a huge percentage of the property between downtown Seattle and the
south end of Lake Union. He offered to five the property, worth (at
that time) many hundreds of millions of dollars to the City of Seattle
if the voters would agree to build an urban village/park to be called
"The Commons" in that area. The voters didn't want to approve the
associated taxes, so the idea died and Paul Allen kept all of the
property. Next thing, lo and behold, the City is building a streetcar
line right through the middle of Paul Allen's real estate holdings to
connect downtown Seattle to So. Lake Union. Commercial and apartment
properties near downtown Seattle have basically close to tripled in
value in the last 4-5 years and is still going up nicely, and this
dedicated special transit system won't hurt Paul Allen's investment a
bit.
Yes, there are docks at South Lake Union, but most of the moorage
there is associated with various brokerages. More of the public
moorage is located along the west side of the lake and along the ship
canal.