Remember how last year everyone was excited about all the new developments going up around the light rail stations in Southeast Seattle? Then this year, in the legislature, there were all those fights over whether to require a minimum zoning density around the stations, the ones where the Displacement Coalition's John Fox accused Futurewise of trying to turn MLK into downtown San Francisco?
It all seems so quaint now, as the Seattle Times is reporting that pretty much all the developments planned for the area around the stations are on hold because of financing troubles. "Nobody's moving forward with anything," said the Seattle Housing Authority's Al Levine to the Times.
Which isn't entirely true, of course. The Times points out that 350-unit apartment complex Othello Street Station is still going up, and Richard McIver has a resolution before the council today to provide a tax break for multifamily housing that Habitat for Humanity will be building in Rainier Vista, near the Columbia City station.
The neighborhoods around the stations will still be working with the city to revise their plans on where to channel growth, but it looks like it'll be a while before we see any real-world results from those exercises in theory.