Checking on the Junction megaprojects’ status, we just talked with Leon Capelouto, the longtime West Seattle businessman whose mixed-use building is well under way between 41st and 42nd on Alaska (previous update, last September). First: Both QFC and Office Depot are moving forward as the major retail tenants, and are likely to open this summer — Capelouto tells WSB that QFC will open first, Office Depot shortly thereafter. Negotiations are still under way for potential tenants in the remaining smaller retail spaces in the complex. While the project’s main name is Capco Plaza, he says there’s a new name for the 157 apartments that will be atop the stores: Altamira (which has the stirrings of a website here) – you can see it on the project’s east side:
The apartments are likely to be ready to occupy around November, a few months after the retail spaces open. Right now, Capelouto adds, construction is going well; the roof’s on the building and the brick’s being put on (as you can see in the photo above, taken this afternoon).
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