Broadway state liquor store future fuzzy as winning bidder backs out (Capitol hill seattle)
QFC Liquor, originally uploaded by Lookin4TallGuys. Unlike the plans for the soon-to-be-former state liquor store at 12th and Pine, the Broadway store has faced a more uncertain future -- there might be a more lucrative way to put the property to use than joining the new era of privatized spirits retailing on Capitol Hill. The Washington Liquor Control Board announced this week that the winning bidder for the rights to the Broadway store has backed out on his bid making the store one of 18 in the state heading for another auction one week before the June 1st rollover to the new way of doing booze business: * * * > On May 24, 2012, the Washington State Liquor Control Board (WSLCB) will host a new live auction of the rights for 18 state liquor stores. Following the online auction that ended April 20, 2012, top-bidders representing 18 stateliquor stores did not pay their posted bid, sacrificing their deposit. Bidders representing 149 state liquor stores have already paid a total of $25.9 million in bid fees to the state. > > “This has been a highly successful auction process,” said WSLCB Business Enterprise Director Pat McLaughlin. “We have already collected nearly $26 million in bids plus ...
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