City Lock Vista Apartments Saved
posted by February 1 at 8:40 AMon
30th Ave NW & NW Market Street
Score one for affordable housing: it looks like Ballard’s Lock Vista Apartments won’t be converted to condos after all.
The building owners are offering new leases, and are also giving residents $300 credits on their rent for the disruption caused by the the now-dead sale. The owners say the building could be sold in the future, but it looks like residents at Lock Vista can breathe easy for a while.
The larger question here is what this means for our housing market, if anything. This was one of the larger conversion projects in the city, so I’ll be calling around later to find out just what happened with the sale.