Project Updates: Archives

November 2016

The City of Kenmore has issued a combined notice of requests for comments on the environmental review and land use review for the application submitted by Daniels Real Estate to preserve and rehabilitate Saint Edward Seminary into a lodge-type hotel.  For information regarding both reviews, please go to the City of Kenmore website and the following links.

 
http://www.kenmorewa.gov/lodgeatsaintedward
http://www.kenmorewa.gov/sites/default/files/16-06-27%20Lodge%20at%20Seminary%20NOA%20DS%20and%20Public%20Notice.pdf


September 2016

The State Department of Commerce issued a public and non-profit feasibility study for the reuse of St. Edward Seminary.  The full report and conclusion can be found on these links.
http://www.commerce.wa.gov/wp-content/uploads/2016/08/Commerce-St-Edward-Feasibility-2016-low-res.pdf

 

July 2016

The State Parks Commission will be meeting to discuss the State Department of Commerce Report on Wednesday, September 22, 2016.  A link to the agenda is below.
http://parks.state.wa.us/AgendaCenter/ViewFile/Agenda/09222016-99

 

May 2016

Great news. In March, the Washington State Legislature gave the State Park and Recreation Commission the ability to enter into a 62-year lease for the preservation and reuse of the seminary and adjacent buildings with a private party. This enables the state to retain public ownership of the property and historic buildings while a private party can bring the Nationally Landmarked Seminary building back into use. A lease agreement must be financially viable and meet all feasibility study, state and local regulatory requirements.

 

Decision Timeline:

 

  • The Washington State Department of Commerce, in consultation with the State Parks and Recreation Commission, is conducting a study of any feasible public or non-profit uses of the building. Any viable option identified needs to include capital estimates for renovation, identified and available funding sources, maintenance costs, traffic implications, and address any potential legal use limitations. The study findings will be submitted to the Parks and Recreation Commission, Governor’s office and the Legislature by July 31, 2016.
  • The Parks and Recreation Committee will meet in September 2016 to make a final decision.

 

Link to Approved House Bill HB2667

 

DRE Philosophy:

With an experienced development team in place (each senior team member has over 25 years of experience) the company’s mission continues to focus on complex and challenging dense urban commercial real estate projects that make significant improvements for the communities in which they are located, while generating exceptional returns on those investments.

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2401 Utah Avenue South, Suite 305

Seattle, WA

Tel: 206-382-4600

Fax: 206-467-0423

Email: info@danielsre.com

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