Amid efforts to address BroadwayPike public safety concerns, Capitol Hills Harvard Market put up for sale UPDATE

Harvard Market, a prominent shopping center in Capitol Hill, Seattle, has been listed for sale at $25 million. This sale follows the property’s acquisition by its current owners in 2008 for $17 million, making it a significant investment opportunity. The real estate report characterizes the site as a "generational asset" because of its prime location and strong rental growth potential. Local representative Joy Hollingsworth's initiative seeks to address public safety issues in the area, which has seen a rise in crime and drug-related incidents. The uncertainty surrounding the largest tenant, QFC, adds complexity to the sale as Kroger and Albertsons consider divesting numerous locations.

Recent closures, such as the AT&T store, further illustrate the challenges facing Harvard Market. The shopping center's history, including its development in the 1990s, underscores its evolution over the decades. As the Capitol Hill area continues to navigate these changes, the future of Harvard Market remains uncertain amid ongoing safety concerns.