Green Options

Time is running out. No, that isn’t another car sell or a joke to keep GM in business but if you want to have your hand out to receive the $10,000 tax credit for purchasing a hopefully green new construction property (or even a condo in a dirty building) then you better do so soon.

That mammoth amount of cash that the state provided to steer buyers to the dormant new construction market has dwindled to only $12 million. May proved to be a boon for buyers taking advantage of the tax credit as buyers claimed approximately $30 million. The California Franchise Tax Board speculates that the $100 million fund will be “wiped out by August 2009 and the incentive will not be extended.”

The Pacific Northwest has always been progressive.

For Seattle in the spring of 1950, that meant the opening of the country’s first mall. According to HistoryLink, Northgate Mall, located on 62 acres outside the city limits, was built to accommodate a total of 80 stores clustered around a “wide shopping walkway,” although it was not fully enclosed and climate-controlled until 1974. (Confused shoppers reportedly parked in the mall space itself when the center first opened.) By 1968, 50,000 cars a day were using Northgate.

In the face of global warming and climate change, however, planners and designers are redefining ‘progressive’. The Northgate neighborhood is currently at the center of a major revitalization effort which was set in motion in 2003 by Mayor Nickels and the Seattle City Council. A major portion of the project, Thornton Place, is scheduled for completion next spring (with condominium sales beginning as early as September of this year). Created by real estate development and management company Lorig, this will be a sustainable, mixed-use village which will combine retail and residential zones with parks and green space.