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Unarrested Development

The "Yesler Terrace" redevelopment endeavors is a step closer towards achieving its goal as Canadian Gracorp Capital Advisors Ltd. snagged up the half-acre property at 12th Ave and East Yesler Way. Dishing out $2.88 million, the 116,000 sq. ft. project will be a mixed-use building, blending over 100 apartment units and commercial space on the ground floor. [CHS]