Archive | February, 2008

1 Hotel, Where R U?

Posted on 29 February 2008

1 Hotel announced they are delaying start of the project again, this time for another 6 months due to a second redesign of the project, according to the DJC.
The redesign will add traditional hotel rooms and reduce the number of the City Suites. The plan now calls for 51 traditional condos, 44 [...]

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Bellevue Towers Price Protection

Posted on 28 February 2008

Following Olive 8’s lead Bellevue Towers is now offering a price protection guarantee to new buyers. This program guarantees that the price of a home purchased now will be appropriately adjusted at closing if similar homes are subsequently sold for less than the current list price.
In addition, Bellevue Towers is offering a limited-time [...]

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New Green Lake Condos

Posted on 27 February 2008

A couple of new condo developments are coming to Green Lake. With significant revitalization projects underway on the Northeast end of the lake, it’s good to see new developments on the West side. Information is sparse, and subject to change, but this is what I’ve been able to gather so far.

Tyee At Greenlake
Currently [...]

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New Downtown Apartments

Posted on 26 February 2008

The condo front has been pretty quiet so I thought I’d highlight some of the new apartment developments coming up in the downtown area. A number of the apartment projects rival the scale, amenities and upper-end finishes of new condominiums.
The Olivian

Location: 8th & Olive
Building: 27-story, 224 units
Developer: The Hanover Company
Architect: Carrier Johnson
Other: Under construction, [...]

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Marselle Condominium - first look

Posted on 19 February 2008

If you’ve been by the Space Needle recently you’ll have noticed a hub of construction activity along Denny Way near Aurora. Currently, four projects are under way including two apartments, a hotel/apartment complex and a new condominium.
The Marselle Condominium, at 115 Aurora Ave, is the latest addition to the burgeoning area just north [...]

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Stadium Lofts Update 2

Posted on 18 February 2008

There’s been some shuffling going on with Stadium Lofts but things seems to be falling into place. Barrientos is now the sole developer of the project after spearheading a recent design change. Information about the new design will, hopefully, be announced in the next few months. Construction is now expected to begin [...]

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Hyatt Place Update

Posted on 18 February 2008

When originally conceived, the project at 6th & Denny where Greg’s Japanese Auto used to be was going to be the newest addition to the hotel & condo hybrids popping up in the city. Instead, work is now progressing on a hotel & apartment project. The developer has opted to switch to apartments [...]

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Condo Legislative Update - Reserve Studies

Posted on 16 February 2008

A couple of interesting bills are easily moving through the House and Senate concerning condominium reserve studies and reserve accounts. A reserve account is supplemental to an association’s annual operating budget and is used to fund major maintenance, repair and replacement of common elements. The purpose of the reserve account is to offset [...]

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Area Projects Pick Up Marketing Awards

Posted on 15 February 2008

The National Sales and Marketing Council announced its 2008 “The Nationals” Gold Award winners this past Wednesday in 59 categories. The awards honor new-home sales and marketing homebuilders, developers, associates, and consultants. From among the 1,400 entries, Seattle winners were represented by Escala and Veer Lofts (Vulcan):

Best Buyer Retention Program - Escala
Best Sales or [...]

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More on Heron & Pagoda Towers

Posted on 13 February 2008

More preliminary renderings of the Heron and Pagoda Tower project in downtown Seattle. Just based on the scale of the project (1.2 million square feet, $900 million) and striking architecture, this has got to rate as the most exciting development Seattle will experience. The project will consist of two 43-story towers (550′), up [...]

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