107
OR FAX FORM ON PAGE 119 TO 503-242-1814
Permits have expired, and the site is now
non-strategic to the seller’s on-going
operations.
The Declarant of Use Covenant, which
restricts the site tohotel useand incidental
retail uses, expires on December 31, 2017,
providing a new owner the option to
develop the site for both commercial and
general office uses and benefitting from
the existing foundation wall.
There is an estimated balance of
$500,000 in system development charges
pertaining to the property, based on
its current proposed use. Please see
Supplemental Information Package for
copies of pertinent documents.
The seller has discounted the last asking price by 40%, and is also providing short-term seller
financing, as incentives in order to accelerate the sale of this development site at Issaquah Highlands.
LOCATION: 1100 10th Avenue N.E.
APN# 3630360050
SEALED BIDS DUE NO LATER THAN 5:00 PM, June 5, 2015
Sketch of proposed Residence Inn
I-90
Highland Drive NE
Providence Highlands
Medical Center
Swedish Cancer
Institute
9th Avenue NE
Grand Ridge
Plaza
10th Ave NE
Safeway
Marshalls
Dicks
Sporting
Goods
NE Falls Drive
N
Hotel Site
Proposed Site Plan
