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Originally published February 25, 2010 at 3:27 PM | Page modified February 26, 2010 at 7:40 AM

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New owner to restart Green Lake apartment project

A half-built apartment building on the site of the landmark Twin Teepees restaurant near Seattle's Green Lake has a new owner.

By Seattle Times staff

A half-built apartment building on the site of the landmark Twin Teepees restaurant near Green Lake has a new owner, who says it plans to resume construction and have the 24 units ready for leasing by June.

GramorDevelopment of Seattle purchased the property at Aurora Avenue North and North 72nd Street this week for $2.14 million, according to county records.

Work on the four-story project, Tyee at Green Lake, stopped a year ago when the previous developer, Bristol Homes, ran into financial trouble. A receiver was appointed to manage the project last March.

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