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Submitted by Just another voice on Mon, 06/23/2008 - 9:35pm.

Much talk about TriWay right now. Though no one seems to be talking about the Colpitts development at Columbia & 5th Ave. For this project, 88+ parking spaces will be removed and the city will spend $200,000+ on clean-up. In the spirit of taking a look at what could be, I did some (crummy) photoshopping of what a 7-story building would look like around a sea of 1 to 3 story structures surrounding it.


The 100+ units of housing will sell for "market rate" which could mean anything from about $290,000 to $400,000. The project will also have a 2 level parking area.

So why aren't we as focused on this project as being out of place, or not catering to a more affordable level? With the 'view' and alternative use argument aside, these two projects only have a difference of a few hundred-thousand dollars.

»

Simple

That area, like 90% of downtown, is already zoned for development of that size and nature. The isthmus is not.
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OK. So do you feel that if

OK. So do you feel that if TriWays wanted to develop using the existing waterfront zoning req of 3.5 stories, we wouldn't be hearing many concerns-- like with this development?

But I am Just Another Voice

»

We would be hearing fewer

The public has an opportunity to block the Larida Passage project, by making their feelings on the rezone known to their elected representatives. Triway's proposed project cannot be built without a zoning change. If the developer planned to build something within the parameters of the existing zoning, people might mutter a little, but what could they really do?
»

Probably not much!

...which is what scares me the most. I am surprised that this fact is not more well known: Triway already has a full blown plan to build a 3.5-story office building with accompanying surface parking if this rezone is not passed. The views will be blocked no matter what. We will have to redesign our storm water systems to accommodate sea level rise no matter what. We will not get a park no matter what. The land is privately owned.

So, what would we rather have?  A mixed-use building that brings residents into our downtown 24 hours per day, or an office building that brings office workers (and their cars) downtown 9-to-5? 

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I don't buy it

Just a few months ago, MIG (the urban planners the city paid $50,000 to sell this project to the public) told us all that we had to raise the height limits, because projects at lower heights wouldn't be profitable enough to interest developers. The isthmus will not be easy to build on, and relatively inexpensive office space there has stood vacant. I doubt that a smart developer would build an expensive building there if it was unlikely that he could profit from it.
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and it won't be a big yellow box

When people say, yes we want development in downtown, just not on the isthmus, this is the block they're talking about where they actually want large buildings.
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Even if it means this big

Even if it means this big yellow box may contain 1/2 million dollar condos?

I am seeing a lot of the arguments against the TriWays proposal emphasizing on the price of the condos. For this project though, not so much.

But I am Just Another Voice

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These condos are going for

These condos are going for half the price of the Triway condos.  With the exception of the top-floor, North facing units, the condos will likely run just a little above the price of the average Olympia home.  I call that a good idea.

The Canaanite's Call

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Question...

I though these Colpitts units were going to be apartments, not condos. Can someone verify?
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That's what I read in The Olympian, also.

Have people heard different?

image
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I am guessing that the

I am guessing that the relator's selling these units will dub them condos. Sounds much nicer than trying to sell a 1/2 million dollar 'apartment' downtown.

But I am Just Another Voice

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Correct me if I'm wrong, but

Correct me if I'm wrong, but the difference between a condo and an apartment is that an apartment is rented while a condo is owned.
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You're right.

And last I heard, these were going to be rental units.

image
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Yes...

The difference is technical, not semantic.
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Couldn't TriWays have rental

Couldn't TriWays have rental units as well? I haven't read anything on either project that mentioned anything about leasing residential space, so I don't know.

I think it is pretty speculative to say that they will be rental units.

But I am Just Another Voice

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Not speculative,

unless Matt Batcheldor was speculating in his article, which I doubt. He's a reporter, not a columnist. Here's the article where he uses the term 'apartment', which means rental units in this context. If they weren't going to be rental units, it would have been worded differently in the article.

Below is the staff report that describes the project as "a range of studio, 1 bedroom and possibly 2 bedroom units". The staff report also refers to the project as "market rate apartments". Again, it would be clarified in this report if they were using a different definition of 'apartment' than the common one.

Read this document on Scribd: OB MixedUseHousingAgrmtSTF
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Yes, I've read all these

Yes, I've read all these articles. I think it is very fair to say that 'apartment' isn't synonymous with 'rental unit' in a new, downtown housing project. I don't see in the article where Matt indicated this project would be for rentals?

Colpitts very well could sell the units to folks that will not rent them. I think we may see that many of the units, especially those with views, don't turn into rentals.

But I am Just Another Voice

»

OK

We'll get this cleared up for you. I just left a message at the Colpitts office.

image
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Traditionally, Yes

But lately I've seen where apartments are being listed "For Sale."  This is common in large cities like NYC, LA, and even Seattle.

Condominium is the legal term when referring to a unit in an apartment building.  Conversationally both terms are used.

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Tax Breaks

I'd say "one of the blocks". Four blocks in that north-south strip and a bit on the hill by Swing were rezoned over many peoples' objections as part of the Council's "compromise" about rezoning the isthmus in 2002. (90 per cent of downtown is zoned to allow tall building right now.)

And I wouldn't say I exactly "want" it anywhere downtown. I think we need to have it there if we want to reduce driving, preserve local farmland, etc. — given a lot of other things that seem harder to change. Less population growth is what I want.

As for the subsidy, I think there are many other ways to use a big tax break like this which would spread the money around a lot more and produce much bigger reductions in energy use than this. It just seems somewhat more regressive and unfair when the recipients of these tax dollars are all supposed to be twice as rich as the people who are expected to buy the most expensive condos in the building you're talking about.

If Triway manages to get the rezone, we'll see what actually gets built in the end. Their "design concept" simply ignores the marketing analysis they submitted with the project, which concludes, "begin with a more affordable project"and "do not lead off with a waterfront project," etc. City staff also did their analysis on a scenario with about twice as many condos, averaging half the size of the ones in Triway's "design concept." (Their recommendations in the draft EIS are based on analyzing 478 housing units at full build-out in the whole rezone. Triway owns just under half the total land, so they analyzed 239 condos in the space where Triway says it would only build 141.)

»

PS

I wouldn't actually call $600,000 (the difference between the top price you give for condos in this other project and $1 million) "only ... a few hundred thousand dollars." And the difference between the cheaper condos in this other project and $1 million is $710,000.

But as I said, I do think we could do a lot more for more people and for the planet by spreading that tax break around widely. $290,000 is still a lot of money.

Best, Thad
»

Birds got to fly, fish got to swim

Developers have to build and sell. That is what they do. You build big, you build expensive and you try to attract the big spenders and make piles of money. What we are being asked to do is to give up a public resource so that a developer can make money. Unhappy with the current restrictions the developer wants to make even more money by building bigger. And what is this I hear about 10 year tax abatements? This is good public policy? The Fat Cats will be spending all their money at the local shops and pouring money into the sales tax coffers is the plan? No thanks, I'd rather see the city get their money off the top because Fat Cats still have to eat and they still like buying stuff so I don't think we'd be in danger of losing their sales tax revenues, we'd just be ahead ten years worth of property taxes. Olympia is no two bit whore. Take away what belongs to everyone and make everyone pay, that's a laugh. And what is that land worth with the zoning change? Probably a lot more than before the zoning change. Who gets that money? The people of Olympia? I don't think so, think Fat Cat developer.

 

"I would make it impossible for the covetous and avaricious to utterly impoverish the poor. The rich can take care of themselves."
^@^

»

Now if...

.... Frank Gehry would design tha big yellow bog, it would be cool. mathias

mathias

einmaleins

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I have no doubt

If TriWay gets their way their project will sell out, provided they actually build it. There is a maket for these sorts of projects and Olympia does not have much in the way of luxury condos. So TriWay will build an office building if they don't get their way, pretty spiteful if you ask me. Our choice is to let Fat Cats have their fancy views or have some low rise office building be a blight on the landscape. Thank you TriWay. Sure it is good having more people living downtown, no question about it. The problem with upscale developments is they tend to drive up the prices of everything in the area, apartment rents and business rents. In time downtown will be the domain of the wealthy and a pale imitation of what downtown is today. If this is the plan for downtown, and many people want it that way, I'm afraid there is not much we can do. These sorts of projects are very appealing to city councils. Anything that involves bringing in more of the "right" kinds of people and driving out the "wrong" kinds of people tend to be what city councils like. They will make an attempt at what appears to be taking into consideration all public comment, but in the end Olympia will lose. The Olympia I know and love is doomed. Bellevue of the South Sound, kind of has a nice ring to it, doesn't it? We need the State to intervene but I suspect the Olympia part of the State government is probably looking forward to this project moving ahead.

"I would make it impossible for the covetous and avaricious to utterly impoverish the poor. The rich can take care of themselves."
^@^

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22nd LD delegation: No

The "Olympia part of the state government," you mean our local 22nd LD legislators right?

Karen Fraser in the Olympian:

But opponents -- including Friends of the Waterfront and the Capitol Campus Design Advisory Committee -- say taller buildings would block views of the Capitol dome and Budd Inlet and deviate from the original plan to ensure such views from the Capitol Campus.

"The legislature and the taxpayers throughout the state have put millions of dollars into Heritage Park … for the purpose of building out the original plan," said state Sen. Karen Fraser, D-Thurston County, a member of the design advisory board. "I've been at the forefront of achieving that money. I know how hard that was."

Sam Hunt:

Rep. Sam Hunt, D-Olympia, was more blunt.

“I think that is the most inappropriate place to put higher buildings, in terms of the view,” he said.

That's two out of three saying no. I don't know where Brendan Williams stands on this one.

 

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No tax break for office space

The tax break is to stimulate downtown housing development, so the office project won't have that incentive attached to it. A smaller building won't pencil out so well, and all the headaches associated with the location will still be there: flooding, the challenges of building on fill in an area vulnerable to earthquakes. I am also uncertain as to whether views are as attractive a selling point with regard to office space... Do people choose their workplaces based on their ability to watch beautiful sunsets from the conference room? Would a responsible business person pay a premium for a view, the way a homeowner will? I think this office project is an empty threat. If it was attractive to developers, it would already have happened; it's not like the zoning was standing in the way.
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I'm for downtown density

If you don't want big buildings in downtown then are you for huge developments of single family homes destroying wilderness area?

More people are comming to Olympia and the Puget Sound. The only question is are they all gonna live in single family homes or something more reasonable like condos or apartments?

The housing aint gonna be cheap either way, but at least with more density it will have less impact on the natural landscape.

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We've gotta stop thinking in dualities.

It's not either/or, most people I talk to welcome high rise apartments and condos, just not in that spot.

The answer to your question is no.

image
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Thank You Karen and Sam

I hope their opposition is sincere and they will do what they can to keep this abomination from happening. We all know how politics works and it is easy to appease voters by being against something a politician knows will pass anyway. I'd like to believe that Fraser and Hunt will step up for Olympia and not just oppose this strictly for the votes. There is politics and then there is the truth.

 

"I would make it impossible for the covetous and avaricious to utterly impoverish the poor. The rich can take care of themselves."
^@^

»

IKEA!

OK, well >oops< thought for a minute there...

Perhaps what would be refreshing is to have a monthly design day where staff and developers can come together with community and sorta have a show & tell...

...I'm just thinking that there seems to be alot of folks that have an eye for design and care about our "built environment", so the natural fix for me would be to tap this resource and relieve some of the social pressure surrounding the structural change of our urban landscape by encouraging input & interaction.

I guess I'm kinda excited to see what plans are in the works for various sites in Oly

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Just got confirmation,

that these will indeed be rental units, as opposed to for sale units. Really though, that's what apartment means.

image
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Fantastic!

That's going to provide some seriously needed relief to the rental market.

The Canaanite's Call

»

So, is this definitely happening?

Wasn't there some kidn of controversy a while back about whether this was actually planned? What's the status now?
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No, there was never controversy around this.

There was some weird semantic argument over the difference between actual architectural plans (like a blueprint)and Colpitts planning (like conceptualization) to build apartments there. All signs indicate that this is a done deal, and I think it's a good addition to downtown.

image
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