New on the market for $2,895,000 – the parcels south of The Junction that former Fauntleroy Place (Whole Foods) developers BlueStar were at one time going to develop as a residential/commercial project called Spring Hill (no relation to the renowned Junction restaurant). When we reported on foreclosure proceedings involving the site (5020-5030 California SW) back in June (second half of this story), that’s the same amount a bank was pursuing as an opening bid. Property records show Shoreline Bank owns the three parcels that comprise the site, and the listing mentions a land-use permit is pending; here are details on the originally proposed project, from its last Design Review meeting 14 months ago. More recently, part of this site was mentioned at the Fairmount Springs community crimefighting meeting we covered last month – there were complaints of transient/squatter/drug-house activity involving one of the vacant buildings long scheduled for demolition till the project stalled.
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