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WEEK IN REVIEW
Tuesday
Two suspects sought in Everett shooting that in...
School levies in Snohomish County all passing, ...
Police seek witnesses in two accidents
Monday


Lynnwood woman knew area's stories long before ...
Everett rethinks boutique wineries
A tidy lawn could be law in Lynnwood
Sunday


Marysville family comes together amid devastati...
Monroe Correctional Complex to lessen security ...
Extra patrols will be watching for drunken driv...
Saturday


Olympics are in the air
Everett police officers cleared in 2008 shootin...
Edmonds woman leaves gift of millions
Friday


Budget squeeze may close beloved Trafton school
Endgame near on airport flight debate?
Aaron Reardon laments political sparring with c...
Thursday


4-car police pileup in Everett under investigation
Edmonds educator, famous announcer dies
Bill would suspend limits on tax hikes
Wednesday


Citizenship classes: All for a better life
Many Snohomish County kids haven't had second d...
Snohomish County jail thrives under sheriff's m...
 

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CONTACT THE HERALD
Mike Benbow, Business Editor
benbow@heraldnet.com
 
Published: Friday, June 26, 2009

Developer rethinking project at old Lynnwood H.S.

The Texas-based developer planning to demolish Lynnwood High School to make way for a shopping center and hotel may be having second thoughts.

Cypress Equities, based in Dallas, is scheduled to meet with Edmonds School District officials in July to talk about a revised plan for the development, said a district spokeswoman.

Just months after the economy took a nosedive last year, Cypress was staying the course with its plan to develop the property, expected to bring in $140 million to the district.

But because of the economy, the developer will sit down with district officials next month to talk about the site on 184th Street SW.

A phone call to Cypress was not returned Thursday afternoon.

District officials said the site will be ready for the developer in July.

Under the agreement outlined between Cypress and the district, the developer will then work with Lynnwood for project approval, a district spokeswoman said.

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