Former Principal Building adaptive reuse
Description
$16.3M conversion of the former Principal Building into 26 market-rate apartments with ground-floor commercial, preserving historic features.
Impact summary
Puts housing and activity back into a long-vacant downtown landmark, adding density that supports nearby businesses.
Applicant
- Name
- 2nd and 2nd LC (Steve Emerson)
- Address
- 2nd Avenue and 2nd Street SE
At a glance
- Hearings
- 2
- Public comments
- 0
- Total mentions
- 2
Last vote · City Council
Last discussed Jun 9, 2026.
Meeting timeline (2)
City Council - Jun 9, 2026
$16.3M conversion of the former Principal Building into 26 market-rate apartments with ground-floor commercial, preserving historic features.
City Council - Apr 28, 2026
City incentives supported for a $16.3 million conversion of the vacant former Principal Building into ground-floor commercial space and 26 market-rate apartments, with a development agreement to come back later.
Related issues (1)
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