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Allen Institute Facade Unveiled; Seattle's Big Bike Share Plans

Without further ado, we present the latest and greatest real estate news from our sister site, Curbed Seattle.

Allen Institute Building
Allen Institute Building
Rob Piercy

BIG REVEAL-- Wednesday, Vulcan Real Estate and its project partners unveiled the historic terra cotta facade on the new Allen Institute building at the corner of Mercer Street and Westlake Avenue North. 2,760 individual pieces of terra cotta were preserved from the old auto showroom buildings. Check out more photos here.

BIKE SHARE -- Seattle has proposed increasing Pronto Cycle Share's service area from five square miles to 42 square miles, reaching from Northgate to Rainier Beach to Alki. That's an increase from 50 stations to 250. Now all they need is the money. Read on about the plans and what else they want to do to make it easier to get around town.

INCOME INEQUALITY -- 32 percent of Seattle residents make more than $100K compared to roughly 30 percent who make $40K or less. Compare that to Bellevue, where $100K+ earners make up 45 percent of the population. Looking for places in Washington where income equality still reigns? Tacoma skews more toward median income earners and low-income earners while Bellingham has a majority of earners in the $40K and under range.