For those who spend much time in Seattle you will recognize the familar Diamond Parking Company. Well this cache is located in a Diamond Parking area BUT you won't have to pay anything!!!! 
This is a new parking lot just recently constructed to provide access to a new section of the Olympic Discovery Trail. (At Diamond Point) 
Come on out to the coordinates, grab the cache, and take a walk or a ride on the new trail.
CONGRATULATIONS to YELLOW1961 (and DWT) and Hwy88 for a quick FTF
Qba'g sbetrg gb FGBC ol naq trg guvf bar.