Harbor Properties Inc. may pull out of plans to build several new Belltown apartments that were scheduled to be constructed next year. "We are not sure we can attract (investment) capital or financing for the next round of building in 2009," said Harbor CEO Doug Daley.
Harbor's proposed projects encompass nearly 1,000 apartment units sprinkled across the Belltown, West Seattle, Columbia City and the Central District neighborhoods of Seattle. Ouch.
Any Belltowners have real estate hardships of their own during this financial crisis?