In CityArts, Vito’s and Hideout bar and Vital 5 Productions mogul Greg Lundgren says he wants to create “Walden Three,” a “stadium of the arts” in a “vacant building directly across from the Seattle Art Museum.”

He means the old Seven Seas Hotel building (where the Lusty Lady had been).

While that building’s facade should be kept (even if it doesn’t qualify for landmark status), the now totally unoccupied building (which straddles the steep hillside between First Avenue and Post Alley) could indeed hold the 25,000 square feet of space Lundgren envisions as…

A place where artists and thinkers can train, compete, experiment and perform. A beehive that can electrify our creative class and inspire its audience. An urban station that can constantly produce creative content.

It’s good, nay vital, to have art-making spaces. We need to keep replenishing and replacing the ones we lose (cf. 619 Western).

But Lundgren wants more than studio spaces and a contemporary-arts gallery in a high profile storefront location.

He wants cross-genre programming, and workshops, and performances, and multimedia events, and ongoing efforts to promote and publicize creative work.

And he wants to make a documentary film about it all. A big documentary film. One that would cover 10 years of the space’s development and operations.

Indeed, one of Lundgren’s plans is to budget the entire project, from the building remodel/restoration to the exhibits and workshops, as a film shoot, with the Seven Seas building as its “set.”

But if anybody in the local arts scene can put this ambitions scheme together, he can.