Loyal Heights development effort tops $1.5 million in non-binding pledges

A proposal to create a community-owned development on a prominent corner lot in Loyal Heights has surpassed $1.5 million in non-binding pledges.

The effort, first reported by My Ballard last week, centers on the idea of creating a neighborhood-governed entity to purchase and redevelop the property at Northwest 80th Street and 24th Avenue Northwest. The property is currently listed at $8.8 million.

Organizer Jed Sundwall said the project has gained momentum quickly since the original story was published…

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