The Seattle Sunday Times reported on 09/09/1906: "A syndicate of Seattle capitalists recently organized by the Parry Investment Company has purchased the Robertson Mortgage Company's tract of seventy-nine acres on Magnolia Bluff for a consideration which at this time is withheld. The property, which adjoins Fort Lawton military post, has been placed in the hands of the Parry Investment Company for subdivision and will be placed on the market in a short time. In the opinion of many this site is one of the prettiest west of the Hudson River and as there seems to be a big demand for home sites with salt water view, it is expected by the company that it will sell very rapidly. The property is on the line of the Olmsted Park and Boulevard plan and will be platted in park style, with broad avenues and boulevards, laid in villa tracts instead of lots, so that the elite who desire plenty of room will be satisfied." (See "More Deals Will Be Put through in during the Weeks of September," Seattle Sunday Times, 09/09/1906, p. 38.)

PCAD id: 16802