CHERRY STREET "AFFORDABLE" HOUSING TO COST MORE THAN $2 MILLION $401 per square foot......$167,196 per bedroom......$250,794 per apartment......and counting...... The City of Port Townsend is financing some of the most expensive residential construction in Jefferson County in the name of “affordable” housing. Costs have grown far above early estimates and now a hidden subsidy has pushed the projected price of the Cherry Street project over $2 million. The mid-Twentieth Century building was purchased in Victoria, B.C., barged across the Strait of Juan de Fuca, hauled through a city that had stopped traffic and taken down utility lines, and settled on stacks of wood on May 10, 2017. This is what it looks like more than a year later. It remains unoccupied and without a foundation. Here are some views inside: Cherry Street living area (from Homeward Bound FB page) Cherry Street kitchen (from Homeward Bound FB page) Ch...
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