All cities change, but the scope and pace of the change Seattle is currently undergoing is often breathtaking. Just yesterday, KIRO reported that it was the 79th anniversary of the Showbox opening its doors. The club has undergone many incarnations as a venue (nightclub, movie theater, burlesque house, comedy club), but has managed to survive. Then, today, the Daily Journal of Commerce reported that "Vancouver, BC-based Onni Group has filed plans to build a 44-story tower with 442 residential units on the Showbox property."
According to the DJC article, the Onni group is also in the process of developing the two blocks formerly occupied by the Seattle Times offices into one million square feet of offices, residences, and retail space. Onni also leases commercial space at 1411 Fourth Avenue downtown. The article didn't include a timeline for the Showbox project.