Plans for the old Ballard Denny's lot.

The Ballard Denny’s once sat on the corner of 15th Ave NW and NW Market St. Back in 2008, after much controversy, the old “Googie” architecture that housed the breakfast chain was torn down to build a condominium complex. Due to the market crash of 2008, the lot continues to sit vacant-but not for long. On Monday this 1.38 acre lot sold for $12.5 Million to Chicago’s Equity Properties. The name may sound familiar as the company owns several other condominium projects throughout Seattle including Harbor Steps, Olympus, and the Centennial Towers, just to name a few. Equity Properties is the biggest openly traded apartment company in the nation. The plan is to build a mixed-use building with 288 units and up to 33,850 sf of street retail. Change is in the future for Ballard. A commencement date has not yet been released. For more info visit www.seattletimes.com