UPDATE 5: 'The Hole' at Fauntleroy Place slated for an October sale
Update 5 for Aug. 23
On Aug. 12 King County Superior Court Judge Susan Craighead made it official that West Seattle’s Hole at the corner of Fauntleroy and Alaska is going up for sale, coordinated by the King County Sheriff.
The sale will occur on Oct. 7 at 10 a.m. at the King County Courthouse and will likely mark the first clear step in The Hole’s transition into something ... other than a hole.
The Hole was original slated to become a mixed-use combination of Whole Foods Market, Hancock Fabrics and 185 apartments with underground parking, but in 2008 construction stopped.
Update 4 June 22
Word came down June 3 that a settlement had been reached in the several-year litigation process over “The Hole” at 3922 S.W. Alaska St. It was originally stated that details of the settlement were confidential, but new court documents released on June 22 provide new details.
Firstly, Aero Construction Company, Inc (a plaintiff in the case attempting to recover money sunk into The Hole from Fauntleroy Place, LLC) “acknowledges the receipt of payment in full” for their judgment, however that actual number was not revealed.