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What Is Urban Partners Planning To Do With Burien Town Square?

What Is Urban Partners Planning To Do With Burien Town Square?

by Ralph Nichols Is Urban Partners, the private developer for Burien’s Town Square, just trying to cut its financial losses? Or is the Los Angeles-based firm beginning to pull out of this major... [Read more]

BREAKING: Burien Town Square retail space put on market for $2.29 million

BREAKING: Burien Town Square retail space put on market for $2.29 million

by Scott Schaefer BREAKING: The retail spaces of the Burien Town Square property, located on SW 152nd between 6th Ave SW and 5th Ave Place, are now on the market – priced at $2.29 million – according... [Read more]

Burien City Council Votes to Change Town Square Developers to Legacy Partners

Burien City Council Votes to Change Town Square Developers to Legacy Partners

The Burien City Council voted unanimously Monday night (Feb. 25) to direct Harbor Urban, owner of the still-undeveloped parcels at Burien Town Square, to sell those properties to another real estate developer... [Read more]

ST Residential Promotes Burien & Sells ‘The Residences at Burien Town Square’

ST Residential Promotes Burien & Sells ‘The Residences at Burien Town Square’

John Tippins of ST Residential. by Ralph Nichols As ST Residential moves forward with new condominium sales at its seven-story Town Square condo-retail complex, the investment group is increasing its involvement... [Read more]

Burien Town Square Condo Sales Resume With 11 Sold Since October

Burien Town Square Condo Sales Resume With 11 Sold Since October

by Ralph Nichols Condo sales have resumed at Burien Town Square. The sales, which began in October, are the first since ST Residential became owner of the seven-story condominium/retail complex with 124... [Read more]

Urban Partners Wants More Time To Start New Town Square Development

Urban Partners Wants More Time To Start New Town Square Development

by Ralph Nichols Two years ago this month, everything was coming up roses at Burien’s new Town Square. Community celebrations heralded grand openings of the Burien City Hall/King County Library building... [Read more]

What’s Next For Burien Town Square? Don’t Count On A Multiplex Cinema

What’s Next For Burien Town Square? Don’t Count On A Multiplex Cinema

by Ralph Nichols Urban Partners no longer owns the largely unoccupied six-story condominium/retail complex it built as the first private development in Burien’s Town Square. And the clock continues ticking... [Read more]

BREAKING: Burien Town Square May Be Sold At Trustee’s Sale Friday

BREAKING: Burien Town Square May Be Sold At Trustee’s Sale Friday

by Ralph Nichols Burien Town Square’s only privately developed property – the nearly vacant condominium/retail complex built by Urban Partners, which opened in June 2009 – is now expected to be sold... [Read more]

Urban Partners Anticipates Imminent Settlement Over Town Square Complex

Urban Partners Anticipates Imminent Settlement Over Town Square Complex

by Ralph Nichols Despite recent notice of a pending foreclosure action against the condominium/retail complex in Burien Town Square, negotiations between Urban Partners and ST Residential have progressed... [Read more]

REPORT: Burien Town Square Facing Foreclosure

REPORT: Burien Town Square Facing Foreclosure

The Seattle Times reports that Burien’s Town Square is facing foreclosure. According to the report: The firm that holds the note on the construction loan for Burien Town Square Condominium filed... [Read more]

Urban Partners’ Paul Keller Explains Financial Woes To City Council

Urban Partners’ Paul Keller Explains Financial Woes To City Council

by Ralph Nichols Burien City Council members were told in a cautiously optimistic “bottom-line” update Monday night (May 24) that residential units in the mostly vacant, six-story Town Square... [Read more]

Burien Town Square Wins Puget Sound Regional Council’s VISION 2040 Award

Burien Town Square Wins Puget Sound Regional Council’s VISION 2040 Award

Here’s some good news for Burien’s troubled Town Square – the Puget Sound Regional Council (PSRC) has awarded it with one of its prestigious “VISION 2040” Awards for 2010,... [Read more]

Is Town Square’s Urban Partners Becoming A “Silent Partner” To Burien?

Is Town Square’s Urban Partners Becoming A “Silent Partner” To Burien?

by Ralph Nichols Paul Keller (pictured, left) – managing principal of Urban Partners, the private developer for Burien’s Town Square – has virtually disappeared from view. Keller has all but... [Read more]

Here’s Why Burien Town Square Sits Vacant Less Than A Year After Opening

Here’s Why Burien Town Square Sits Vacant Less Than A Year After Opening

by Ralph Nichols “Now Leasing Retail,” reads the message on a street-level storefront window in Burien’s still-new Town Square condominium/retail complex at SW 152nd St. and 6th Ave.... [Read more]

Will Condo Prices Be Lowered Now That Burien Town Square’s Lender’s Assets Have Been Sold?

Will Condo Prices Be Lowered Now That Burien Town Square’s Lender’s Assets Have Been Sold?

by Ralph Nichols With only five of the 124 condominiums at Town Square sold to date, more than five months after the grand opening of this complex in June, prospective buyers and those anticipating future... [Read more]