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Over the holidays, the Museum of History and Industry (MOHAI) officially unveiled its spectacularly refurbished digs in South Lake Union’s former Naval Reserve Amory, in one of Seattle’s most hotly anticipated big reveals. With crowds nearly 20,000 strong in its first week and news media en masse, Seattleites gave their hometown “attic” a resounding welcome to the neighborhood.
Moving the collection from its former location in Montlake and redoing the 50,000-square-foot Armory was a project years (and big bucks) in the making. Approximately $90 million was required for the migration and renovations. Seattle icons and historic treasures long in storage for lack of space were hauled out and given pride of place. Showcased in all their glory: the famed red “R” from Rainier Brewery and the big pink “Toe Truck,” among others.
Plopped in the midst of one of Seattle’s most happening neighborhoods, the handsome Art Deco building is silhouetted against the blue waters of Lake Union and the leafy green of Lake Union Park. With its knockout setting and twice its former display space, MOHAI is expecting a major uptick in patronage.
MOHAI Executive Director Leonard Garfield said, “South Lake Union is simply the perfect home for MOHAI. It allows us to tell Seattle’s story from a place that fostered so many of the region’s important entrepreneurs, and also where businesses and organizations continue to make historic innovations every single day.”
The brand-spanking new MOHAI promises to be an even greater cultural powerhouse in the community than before. If you didn’t make it to grand opening, check out these new, permanent and upcoming features:
Seattle is the ninth-best market in the country for homeowners selling their home, according to a new report.
Zillow Inc. (NASDAQ: Z) of Seattle reports that only home sellers in eight other U.S. cities have more leverage than Seattle home sellers. Zillow describes a seller's market as one where homes are on the market for a shorter time, price cuts occur less frequently and homes are sold at prices very close to (or greater than) their last listing price.
In markets like Seattle, "sellers ... are squarely in the driver's seat with their homes selling within days of listing, often after bidding wars that increase the sale price above the asking price," said Stan Humphries, Zillow chief economist, in a statement.