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Capitol Hill Seattle
4 days
Capitol Hill’s next new development to finally dig in appears to be ready on E Olive Way
Capitol Hill’s first new large-scale mixed-use development in a very long time is ready to open to new residents and street-level businesses along E Madison. Developers are getting ready to dig on on another. The City of Seattle issued a … Continue reading →
Capitol Hill Seattle
4 days
Seattle’s plan to stop environmental appeals from stalling housing legislation
Seattle’s efforts to streamline its land use process will include a proposal aimed at cutting more bureaucratic red tape and preventing environmental appeals from stalling affordable housing. Introduced by the Seattle City Council’s land use committee chair Eddie Lin, newly … Continue reading →
Davy Jones Locker Room
4 days
Melinda French Gates Becomes Minority Owner of the Seattle Kraken
Melinda French Gates is becoming a minority owner of the Seattle Kraken, the team’s parent company said Monday, pending approval from the NHL. The size of her stake and the terms were not disclosed. French Gates, 61, the philanthropist and ex-wife of Microsoft co-founder Bill Gates, is buying into One Roof Sports and Entertainment, the company that owns the Kraken. ESPN’s Emily Kaplan first reported the deal. French Gates is worth about $30 billion, according to Forbes, and the investment is her first ownership stake in a major professional sports team. She joins a group led by majority owner Samantha Holloway that includes minority investors David Wright, Amazon CEO Andy Jassy, and producer Jerry Bruckheimer. Holloway became majority owner in December 2024 after the death of her father, David Bonderman, the TPG co-founder whose group, Seattle Hockey Partners, won the expansion franchise. “As a longtime Seattle resident, it means a lot to me to have the chance to make this investment in our city and its future,” French Gates said in a statement. “I’m a big believer in the power of sports, and after many years of cheering on Seattle from the sidelines, I’m excited to have an even deeper connection to the Seattle sports community. Seattle is an engine of innovation in so many ways, and Samantha Holloway’s leadership of the Kraken and Climate Pledge Arena reflects that.” Holloway said in the statement, “Melinda is an impressive business leader, philanthropist and importantly, a Seattle sports fan. We share many of the same values, including a deep commitment to Seattle and a belief in building organizations that create lasting impact.” “It’s just time,” French Gates told ESPN. “What you’re seeing is a generation of women coming into their full power. I’ve walked into tough rooms, and being one of the few is very hard. Once we can create enough that we’re one of many, it just gets easier.” Though originally from Dallas, French Gates has lived in the Seattle area for nearly 40 years. She joined Microsoft in 1987, where she met Bill Gates, and worked on multimedia products before leaving in 1996. She co-chaired the Bill and Melinda Gates Foundation from 2000 until 2024 and now runs Pivotal, a Kirkland-based organization she founded in 2015 to support women and young people in the United States and abroad. One Roof Sports and Entertainment, created in March, owns the Kraken and controls Climate Pledge Arena, along with the Kraken Community Iceplex, the rebuilt Memorial Stadium, and the AHL’s Coachella Valley Firebirds. The group is pursuing an NBA expansion team for Seattle. What this means for the Kraken Nothing changes from a hockey operations standpoint. Jason Botterill will continue to be the GM, they are conducting an audit, they will pursue free agents and make draft picks and attempt trades and it will be business as usual there. The addition brings financial security. Though the NHL has a hard salary cap, Scouting, front office salaries, player development, analytics, facilities, and support staff are not subject to an NHL salary cap and can vary from organization to organization, depending on the owners’ willingness and ability to spend money. A group with French Gates’s money can cover all of that through a rebuild without needing the team to turn a profit, and won’t be forced to cut costs or tear the team down in a bad year. There is also a very expensive NBA bid going on. In March, the NBA’s Board of Governors voted to explore expansion in Seattle and Las Vegas, and Holloway’s group, advised by JPMorgan Chase and Moelis, is the only public Seattle bidder. The NBA hired PJT Partners to evaluate the markets, ownership groups, and arenas and the expansion fees is projected to be somewhere in the $6 to $10 billion range. French Gates is now an owner in One Roof, the group pursuing the NBA team, so her money is already behind that effort. Though we don’t know the extent of her stake, her fortune is several times the projected fee, and because the NBA weighs the strength of each ownership group, her name helps the Seattle bid. Her most visible impact will probably be in the community. The One Roof Foundation has focused on getting more kids into sports, and French Gates has spent her career working on opportunities for women and families. Holloway said, “We’re really aligned on that.” For the Kraken, the deal leaves them with a richer, steadier ownership group. For One Roof, it adds another prominent name as it tries to bring the NBA back to Seattle.
Capitol Hill Seattle
4 days
Bicyclist hit by recycling truck at 12th and Yesler
A bicyclist struck by a recycling truck being driven through the intersection of 12th and Yesler was injured and rushed to Harborview late Monday afternoon. The collision was reported just after 4:30 PM. According to radio updates, the rider was … Continue reading →
Capitol Hill Seattle
4 days
One ‘retail theft operation’ nets 13 arrests at Capitol Hill drugstore
One of the most abused drugstores in the city made for easy pickings as the Seattle Police Department reports it made 13 arrests in a Friday “retail theft operation” at the 15th Ave E Walgreens on Capitol Hill. The arrest … Continue reading →
Capitol Hill Seattle
4 days
Seattle Pride 2026 begins with Saturday’s Pride in the Park on Capitol Hill
With the kind of stuff neighbors are up around Seattle parks, here’s three cheers for the neighbors of Volunteer Park where Saturday will bring ...
Capitol Hill Seattle
5 days
Despite U District cancellation, efforts around car-free space on Capitol Hill rolling forward with Seattle Streets Alliance party
A University District block party seen as inspiration for a new wave of efforts to pedestrianize key areas of the city — including a stretch of Capitol Hill — was supposed to shut down The Ave to car traffic this … Continue reading →
Capitol Hill Seattle
5 days
Academy for Precision Learning has brought its focus on neurodivergent education to a new home on Capitol Hill
The changing landscape of education in Seattle has included a transition on 15th Ave just off E Madison where the Academy for Precision Learning is finishing its first year. It plans to stay. The non-profit, independent K-12 school provides specialized … Continue reading →
Capitol Hill Seattle
5 days
This week in CHS history | Amarr Murphy-Paine murder, The Real World on Capitol Hill, Métier debuts in the CD
Here are the top stories from this week in CHS history: 2025 Capitol Hill is dead — The Rhino Room is selling couches Here’s how you can help after injury hit and run at Melrose and Mercer ‘New Proposed Center Boundaries’ … Continue reading →