Not every business moving in on Capitol Hill will be the latest expansion of a dental services startup backed by a big name tech executive. Some of the neighborhood’s more traditional spirit is taking shape on E Pike where paperwork shows early planning underway for a new Chill Bar project in the Greenus Building next to Meet Korean BBQ and the neighborhood’s location of the Studs ear piercing studio chain.
“Located in a historic auto row building, this gorgeous 3,807 square foot space is an ideal location for any office/retail needs,” the listing for the 500 E Pike commercial space reads. “This property is surrounded by a lively retail core, and is walking distance to downtown and easy transit/parking options.” Rent will run the new tenants something around $150,000 per year.
Details of the new project are still few and far between and details on the ownership are a bit of a mystery for now but the project surfaces the ongoing demand for food and drink, and nightlife economy real estate on Capitol Hill — especially in Pike/Pine. Continue reading