Saturday, March 01, 2008

Night crane in boomtown Seattle, the Paul Allen investment bloom

The rest of the United States may be entering a depression phase due to wartime over-spending but the truth is Seattle and Bellevue are booming. There are actually too many construction cranes to count. No kidding.

Paul Allen may be one of the larger reasons for this, his advocacy of building out the beautiful South Lake Union area is supporting growth. There are several cranes there now building Amazon's new buildings for example. The value of housing in that area is just going to bloom; a great investment.

It appears to me that Paul and his sister and their advisors understand community, even more after Seattle voters roundly rejected a bond / tax initiative for the Sport Palaces that they built any way. Why do I think this? Because of that little tram, the SLUT, South Lake Union Train. It's just like Seattle of yesteryear but it so makes sense for the community it is in. Except for bikes. It is very difficult and dangerous to navigate over those rails by bike.

I am thoroughly interested in what will happen in South Lake Union, and have high hopes for the community of the future right here in Nirvana, which is code for "S E A T T L E"

Don't believe Seattle is Nirvana? What other city in the United States universally worships a large version of a Japanese Buddhist Shrine updated for our space minded millenium? The Space Needle folks, that's a-what-I-am a-talking-a-bout Mr.BigBootay.

Note - I am not sure who owns this particular crane or what they are building, but the song remains the same. PS. Don't tell anyone, otay?

http://www.blinkbits.com/blinks/paul_allen

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