After sitting vacant for the past 3 1/2 years, Equity Residential is finally breaking ground on the vacant lot at 15th Ave NW and NW Market St. Home to the former Denny’s in Ballard, the prominent 1.4 acre lot will be transformed into a large apartment complex to meet the demands of young adults who are opting to rent instead of buying. The multi-use apartment complex will stand at 8 stories tall, with over 250 units, over 30,000 sq. ft of retail, according to design meetings held back in January and March 2009.
It’s certainly not the first construction that has resumed progress after sitting vacant. Recently, the East Green Lake lot at Woodlawn Ave NE and 71st ST NE announced that it will be starting construction soon as well. While there was much controversy about razing the Denny’s Restaurant and many of the “Free Ballard” residents might oppose these changes, I’m thankful that construction is FINALLY underway. It is a welcomed change preferred over having a vacant, empty lot that no one can use. In the meantime, there are still some retail and offices in Ballard to fill. Slowly but surely, Ballard is transforming.