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November 07, 2016

Hotel, restaurant may go on Westlake site

Seattle Daily Journal of Commerce

Brian Miller

A development team led by entrepreneur Collin Madden is interested in putting a 43-room hotel and restaurant in the building at 1001 Westlake Ave. N. long occupied by American Meter & Appliance.

Madden and two partners bought the property in March through an LLC for $5 million from the estate of James E. Merlino, who died in 2011.

The triangular site measures 7,440 square feet and has a three-story, 20,000-square-foot warehouse and retail building that was built in 1920. American Meter & Appliance has operated there for decades.

The property is bounded by Eighth Avenue North and Marriott Courtyard hotel. It has an unobstructed view east to Lake Union and Kenmore Air Harbor. It is zoned for buildings up to 85 feet.

American Meter & Appliance was founded and run by the Merlino family from 1958 to 2014, when it was sold to El Segundo, California-based WASH Multifamily Laundry Systems. Their lease ran through August, according to a Kidder Mathews sales flyer. WASH didn't confirm if that lease has been extended or not.

Early plans filed with the city by Heliotrope Architects indicate that about 6,000 square feet of restaurant space and 24,000 square feet of lodging are planned, but no parking. It is unclear if the existing building would be renovated and receive new floors or be demolished.

Corey Sollom of Kidder Mathews handled the property sale.

Madden, who couldn't be reached for comment, comes from one of two families that owned and operated Vitamilk dairy at Green Lake from 1945 to 2003. The dairy properties were later developed into mixed-use apartments by Wallace Properties and Lorig Associates.

© 2016 Seattle Daily Journal of Commerce. All rights reserved.

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