Wednesday afternoon MyEverettNews.com got a look inside Potala Place at 2900 Grand Avenue during the monthly Engage Everett event.
Potala Place is a mixed use development with 220 apartments plus retail space and what the developer calls an “innovative fusion of a traditional farmers market and a retail grocer, deli and restaurant” known as Farms & Market.
People are moving into the 6-story mixed use development.
There’s a bit of a cloud hanging over the project as the developer, Lobsang Dargey, has been accused by theSecurity and Exchange Commission of defrauding Chinese investors seeking U.S. residency through the EB-5 Immigrant Investor Pilot Program by investing in his companies.
Dargey has had his assets frozen and while some work has stalled on the project, apartments are being leased and people are moving in.
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