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Real Estate Overlords

In the battle to be in charge of the $300 million redevelopment of Yesler Terrace, our corporate real estate overlords Vulcan are the victors. They beat out Forest City of Los Angeles for the bid and will now begin negotiating to be the Seattle Housing Authority's partner in this audacious redesign of South Seattle's public-housing project. The plan calls for new public housing, 3,000 affordable apartments, condos, office towers and more. [Seattle Times]