More townhouses for Georgetown

This time, on the 6700 block of Corson,

"...to subdivide one parcel into five unit lots. The construction of townhouses has been approved under Project #6119675..."

The owner on the books at DPD is "6706 CORSON, LLC", otherwise known as Murray Kahn. Kahn has been involved in another project, this one in Columbia City:

"The 63-condo development, called Columbia City Place, would be built on a vacant former auto lot at 5201 Rainier Ave. S., and units would cost between $200,000 and $400,000 — plus whatever inflation tacks on in the two years before the project is completed, said Scott Shapiro, managing director of Eagle Rock Ventures LLC...Shapiro said he and partner Murray Kahn are keeping prices down by using more basic finishes and wood construction for the upper floors, rather than concrete and steel [Seattle PI via Seattlebubble]".

This newsletter, published by this realtor, makes an interesting, but commonly known point about that project:


"The prices would be lower than at many new condos going up these days, but still could be out of reach for many. Last year, the typical single person in Seattle earned enough to buy a home for just under 200,000, while the typical family of four had enough to pay just over $280,000, according to the U.S. Department of Housing and Urban Development. Columbia City has become increasingly popular in recent years, but it’s not a condo hotspot like Belltown or Capitol Hill".

Not yet.