The owner of the Olympic Variety building at King and Elm,¹ would like to convert the site into a small apartment building. He has applied to the city to add a third storey, t0 expand the second storey, and to add underground parking for nine cars.²
The application would create an eight-unit apartment building, with four two-bedroom apartments on each of the two floors.
¹ Full disclosure: I live across from it.
² With a car elevator, which is super cool.