I'm not sure if it was ever officially announced, but virtually everyone had heard the rumors and believed Microsoft was a lock for 2201 Westlake, Vulcan's mixed-use development featuring 134 condo units and 300,000 sq. ft. of class "A" office space.
All that changed today, however, when Microsoft called off negotiations to lease all 300,000 sq. ft. "because of the economic situation and the changing market conditions", according to company spokesman Lou Gellos (Source: P-I).
This is not good news for Vulcan. Doubly so, as those Microsofties would be prime candidates for "Enso Living" or the nearby flats and lofts at Rollin Street and Veer. Vulcan will find it difficult to rope another tenant as the once tight office market in Seattle has loosened up considerably due to the WaMu takeover and a lot of new construction—some of which is right next door to 2201 Westlake (see West 8th, 1918 8th).