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Seattle Center owed nearly $1 million in back rent

by LINDA BRILL / KING 5 News

KING5.com

Posted on October 3, 2011 at 9:43 PM

Updated Monday, Oct 3 at 10:01 PM

SEATTLE -- The Seattle Center is taking out loans as three tenants owe nearly $1 million in back rent.

Bumbershoot owes the center around $200,000. Intiman Theatre, which isn't operating at the moment, owes nearly $300,000. The Seattle Childrens Museum owes the most, at nearly half a million dollars.

Consequentially, the Seattle Center will take out a $1 million short term city loan and re-negotiate with some tenants.

The center will also cut some public events.

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Comments: Displaying 1 - 6 of 6

pamby said on October 5, 2011 at 4:45 PM

Why not turn the Key Arena back into the Coliseum and get some of the acts that are going to the Indian Casinos. Lots of music and comedy acts are by-passing Seattle. The Coliseum used to be a big time venue for acts in Seattle. Not only would revenue come from tickets sales and lease but from people busing in and restaurants and businesses around Seattle.

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easydog said on October 4, 2011 at 1:32 PM

Who is giving out the $1 million dollar loan? I owe I owe it's off to get a loan I go.

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artsea said on October 4, 2011 at 8:11 AM

Another example of government dabbling in private ownership. Time to sell it. Get it off the backs of taxpayers. Let some corporation run it.

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monoblocks said on October 4, 2011 at 5:33 AM

See what happens when you don't have an NBA BASKETBALL TEAM to float your deadbeat renters until they can pay up to keep the Center up and running? Now you, the City Council, are learning the REAL price of your shortsightedness.

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speakyourtruth said on October 4, 2011 at 5:27 AM

Oh dear my mistake... the Mercedes van cost almost $50,000.oo So disappointed!

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Proudamerican said on October 3, 2011 at 11:50 PM

These three should be closed and not allowed till rent paid in full. Get some balls seattle

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