Somehow I became convinced this would be a good idea, taking up residence in the old Rainier Brewery–you know, the one next to Interstate 5 with the big red R on top, only now the R is a T, a T for Tully’s.
Anyway. Way back like in September I answered an ad that was on craigslist. The ad was offering up membership in a co-op of artists which plans to occupy Artist Studio Dwelling space that has been under development in three of the many buildings which make up the Rainier Brewery complex. Ariel Development is the developer, Sietch 22, LLC is the co-op in question.
What a crazy ride. Turns out that the project was not quite as far along as the developers claimed, AND, the developers were no longer exactly excited about having Sietch 22 as tenants. See, the co-op’s rent was locked in quite awhile ago, at a low rate, that is now significantly below market rate for similar space (in case you haven’t noticed, real estate prices in Seattle have risen insanely over the last few years). So, suffice to say that some of the negotiations in the past few months have been a bit contentious.
Progress seems real though. There is a new COO on site and he’s kicking ass. We’re just hoping that it’s not Sietch 22’s ass that gets the boot.
There is a rumor that the established art community in Seattle also isn’t exactly thrilled about the project, since they did not instigate it. What do I know? I’ve never been one to adhere to the established. Oh well.
I do hope to invite you to my housewarming party, AKA my birthday party, this coming September, in my new space in the old Rainier Brewery. Keep your fingers crossed.
Why did you not go forward with Sietch 22 in the Old Rainier Brewery?
Posted on 31-Mar-07 at 8:24 pm | Permalink