Sign of an economic downturn, or sign of a misguided hotel plan?
The plans and permits for this UDistrict site (4719 12th Ave NE) have been approved since 2004, and for just $3.2 million you could be on your way to owning the site of a future 62-unit hotel. But why hasn’t it been built? Is the land priced too high? Is this the wrong area for a hotel? Is getting this built going to cost way too much?
What is it? Enquiring minds want to know!
1 comment
You could ask the current owners. They run the exisitng University Motel just to the north.
Merle died a few years back. That probably has something to do with it.
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