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- š§ Prime Downtown Olympia Lot Awaits Development
š§ Prime Downtown Olympia Lot Awaits Development
Whatās Next for This Key Property?

A Central Lot in Downtown Olympia Remains Vacant, But Development Could Be on the Horizon

If youāve been downtown lately, you may have noticed a prime piece of real estate sitting vacant in the heart of Olympia. The lot located at 123 4th Ave SE, previously slated for a mixed-use development project, has been sitting empty for months, leaving many to wonderāwhatās next for this high-visibility property?
Whatās the Story Behind the Downtown Lot?
The lot, once part of a larger development proposal, has been tied up in planning and permitting for years. Originally envisioned as a mixed-use development with retail, office, and residential spaces, the project faced setbacks due to changing market conditions, pandemic disruptions, and developer financing.
Now, the property is back in the spotlight as new interest emerges from potential developers. However, no official plans have been confirmed as of yet.
Why This Property Matters

This isnāt just any vacant lotāitās a key location in downtown Olympia, close to government offices, retail shops, and popular dining spots.
Hereās why the site holds so much potential:
ā Strategic Location ā Situated in a high-traffic area, ideal for retail, dining, or residential development
ā Community Impact ā Revitalizing vacant lots can boost foot traffic, attract new businesses, and increase public safety
ā Residential Potential ā As downtown continues to grow, more housing options could meet the demand for urban living and walkable amenities
ā Economic Ripple Effect ā A well-planned development could stimulate economic activity, creating jobs and generating tax revenue
What Could the Future Hold?
š Mixed-Use Development: Retail and residential spaces have been successful in similar downtown settings, combining housing with ground-floor shops and dining.
š³ Public Plaza or Park: Olympiaās focus on green space could encourage a community gathering area with landscaping, seating, and event space.
š¢ Office or Co-Working Hub: With more people working remotely, a hybrid office or co-working space could appeal to freelancers and small businesses.
The cityās planning department is expected to release updated guidelines for the site later this year, providing more clarity on zoning and potential uses.
Community Input & Public Hearings
Residents and local business owners will have the opportunity to weigh in on potential uses for the property during upcoming public meetings.
Stay tuned for dates and times as the city seeks community feedback on the best path forward for this pivotal downtown lot.
š¬ What Would You Like to See Built Here?
Would you prefer more dining options, green space, housing, or a mixed-use concept?
Drop your ideas in the comments below and let your voice be heardābecause the future of downtown is being shaped right now.
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