Maple Leaf Waldo Woods in the Times, and Northgate planning tonight.

There’s a nice article in the Times today about Maple Leaf and Prescott Development’s planned Waldo Woods development, congrats to the Maple Leaf folks for getting that press.

I was talking to a developer friend of mine about Waldo Woods and she was saying that the real story here is the high price Camp Fire USA is asking for this property - and that the development Prescott is planning for this property is their attempt at making development pencil out at that price.

So…hopefully Prescott has a contingency on the offer so that if the buildable area on this property is reduced that they can go back to Camp Fire with a lower number and the development still pencils out for Prescott.

Oh, and tonight’s the night for Northgate Urban Center Rezone planning. On a side note, just thinking about the have’s and the have not’s in Seattle - do you ever think the city will ever propose a similiar attempt to create a UVillage Urban Center Rezone?