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When Molbak’s will close after nearly 70 years in Woodinville

January 5, 2024
in Real Estate
Reading Time: 2 mins read
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When Molbak’s will close after nearly 70 years in Woodinville

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The final day to buy at Molbak’s Backyard + Dwelling will likely be Jan. 28, the longtime Woodinville enterprise introduced Thursday.

The shop’s closure will conclude a saga that started in November, when the corporate mentioned it was all of the sudden lower out of a large challenge in downtown Woodinville. Molbak’s accused developer Inexperienced Companions, LLC, of eradicating the shop from a joint plan to redevelop 19 acres with a brand new backyard heart, plus housing, eating places and different facilities.

In response, the developer mentioned it was shelving the long-planned Gardens District challenge altogether, citing “a mix of things, together with the financial uncertainty introduced on by larger rates of interest and rising building prices together with the complexity of making a large-format backyard heart in a dense city improvement.”

The Woodinville Metropolis Council inspired the 2 events to barter, hoping to revive the challenge. However the two didn’t attain an settlement for the backyard heart to remain, and Molbak’s introduced in mid-December that it could shut.

“The challenge was our plan for the longer term and our alternative to stay in Woodinville for a few years to return. To be pressured out of our longtime house and never be capable of understand that imaginative and prescient is devastating,” CEO Julie Kouhia mentioned in an announcement. “It’s heartbreaking for our staff and their households, our loyal clients and distributors, and plenty of others all through the Northwest who love Molbak’s.”

The family-owned enterprise has been a Woodinville staple since 1956, when authentic house owners Egon and Laina Molbak got here to Washington from Denmark.

A going-out-of-business sale begins Friday and can proceed whereas provides final, the shop mentioned in a information launch.

“Our objective over the following few weeks is to shut down with integrity and in a fashion that honors our staff, distributors and clients,” Kouhia mentioned within the assertion. “We additionally need to discover a solution to have fun the historical past, affect and pleasure of Molbak’s alongside the best way.”

Data from The Seattle Instances’ archives is included on this report.

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