The Ballard Blocks II site will remain a vacant lot until an anchor tenant is found for the development. Click image for artist rendering of future building by CB Richard Ellis real estate.
Ballard Blocks II, the sister project to the nearly-completed Ballard Blocks, is in need of an anchor tenant before construction will get under way. The site at 1401N.W. 46th St., just east of the Ballard Bridge, remains an empty lot filled with standing water.
Nick Carkonen, with CB Richard Ellis real estate, said they are actively marketing the space and are prepared to move forward with construction as soon as a significant tenant is found.
"With everything in place, we can move forward relatively quickly once we have a tenant," he said.
There is no deadline to find a tenant, but a few businesses have expresses some interest, Carkonen said.
The permit for the site allows for a five-story building with 25,000 square feet of retail space below 100,000 square feet of office space along with underground parking.
The warehouses that sat on the property were demolished this past fall.