Comments on: Insignia Towers - Clise Property

By: Ben_Kakimoto

Ben_Kakimoto — Fri, 07 Dec 2007 23:01:03 +0000

I just uploaded another rendering from the Insignia Ads showing the West side. It’s not awe-inspiring, but it’s not bad. The street level appeal isn’t great, it looks like one big behemoth box. It would be more desirable if they designed street level plazas providing open gathering spaces for residents and pedestrians.

By: The

The — Fri, 07 Dec 2007 05:51:58 +0000

Awful and terrible! The architecture doesn’t even fit with the neighborhood! What are we doing with this city?! I thought we were a classy, elegant city! I’m sick of this glass box nonsense. What is this place going to look like in 20 years? Yuck!

By: Ben_Kakimoto

Ben_Kakimoto — Mon, 19 Nov 2007 04:38:19 +0000

From the Seattle Times Today:

Clise has narrowed the list of potential buyers to four or five “who have the capability of developing the whole property as it ought to be done.”

It is hoped that a sale — if there is one — will come in the first quarter of 2008.

But that’s a big if, [Clise President Richard] Stevenson adds, given the nation’s financial jitters.

He repeats what the company has said all along: “If we don’t get the right price and the right buyer, we won’t sell. We don’t have to.”

By: klt

klt — Tue, 13 Nov 2007 20:29:46 +0000

jcriket..internal sales data and market info. you’re wrong. 1 bedrooms sell the most rapidly and alcove studios -not hotel room studios. read what you want.

Clise is going to 1 developer -its part of the bidding process. My bet would be a UAE fund buying then selling individual parcels possibly.

Domaine / Expo are circulating for sale market. It would be tough to get rents to support the sales price however.

By: jcricket

jcricket — Mon, 12 Nov 2007 03:37:29 +0000

What evidence do you have that 2 bedroom condos don’t sell? Ignoring the recent lull, everything I’ve read shows they sell better than any other kind of condo.

And there’s no way all the 13 acres of Clise property were going to sell to one developer. They put them all on the market at the same time, but that’s different.

By: Josh

Josh — Fri, 09 Nov 2007 02:09:19 +0000

^ What happened to Domain and Expo 62? Did they stop construction or lower prices dramatically?

By: 1klt

1klt — Thu, 08 Nov 2007 15:28:22 +0000

Two bedrooms don’t sell. Good job unloading this beast before attempting to unload those 2’s. I see this pulling a Domain / Expo 62 once underway and presales are lagging.

By: klt

klt — Wed, 07 Nov 2007 20:41:58 +0000

Nice looking complex. A good way to protect some view - develop the whole block, too bad this could not have been the case at the Cosmo. I thought all the Clise properties were being marketed as a complete package. Appaarently not.