New Phinney Station project offering community small business bonds for purchase

by | Mar 25, 2024

When longtime PhinneyWood business Gary’s Greenwood Auto Repair closed down and the property at 7418 Greenwood Avenue N was sold, many prepared for the seemingly inevitable development of a tall condo or apartment building on the parcel.

Happily, the owners of the already-legendary RidgeWood Bottle & Tap are busily refurbishing the garage into a spectacular taphouse slated to open this year: Phinney Station. In addition to a covered outdoor rooftop deck and operable garage doors opening to the main seating area, there will be a pinball room and space for food trucks and other vendors to help activate the corner.

The local ownership team is now offering a unique opportunity to invest in the build out by purchasing small business bonds. Bonds start as low as $10 and investors will receive a 10.25% annual interest paid back monthly over a 3 year period. You can read more about the project and this bond opportunity on the SMBX website.

Co-owner Robin Warma writes “as our scope grew to include all these great new features to the property, so did our budget. We will use the funds raised towards completing the project. We hope that you’ll be excited to join us on this journey as our business grows and we continue to uplift our community!”

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