The Seattle Daily Journal of Commerce is reporting that the Benaroya Company has a buyer interested in purchasing the former Manning’s/Denny’s property at the corner of 15th Ave NW & NW Market. “A buyer signed a letter of intent last week for the multi-family site, according to Larry Benaroya,” Marc Stiles writes, “He expects the sale to close in two or three months, which is relatively fast for a commercial site.”
Demolition of the Manning’s/Denny’s building in June 24th.
The demolition of the old Manning’s/Denny’s building was controversial, with the Seattle Landmarks and Preservation Board voting that there was no economically-feasible solution to preserve the old building. On June 24th of 2009, just days after the demolition permit was issued, the building was razed.
Rhapsody Partners, the developers hired by the property owner, continued with the design process and won approval by the Design Review Board went through an entire design process and won final approval even though the rocky economy made it nearly impossible to get financing. “Our intention is to take this project through the MUP (Master Use Permit) and hope that this economy and the new president and all these things that are being put into place are a catalyst to move this forward,” Rhapsody’s Katie Vance told the Ballard District Council in January of 2009.
Marc Nemirow with Benaroya Companies sent us this response via email, “We have no comment at this time.” (Thanks Catherine for the tip!)