Keller Williams Greater Seattle

Marselle Condominium – first look

Marselle Condo LogoIf 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 of downtown. The 7-story frame-constructed building will encompass 132 condominium homes ranging from 347 sq ft to 1,730 sq ft. Penthouse level homes will include a mezzanine level that opens to the roof top decks.

Every unit will come with parking and storage. Common building amenities include roof top decks with views of Lake Union & downtown, a billiard room, a resident lounge and a wellness center with cardio machines, weight training equipment and yoga space.

Marselle Condo Seattle

Given its location along Aurora, I asked about the noise reduction methods being used. According to the developer, the wood framing will have 1 1/2 inch gypcrete with 1/4 inch sound damping mat for all framed floors while ceilings and interior walls will have R11 sound insulation. Hard surface floors will be laid over a soundmat/pad.

I also inquired whether they had any concerns about developing condos in light of current market conditions as well as recent events with nearby projects.

Our company focuses on providing a quality product for a great value. We have already had a huge response from word-of-mouth contacts and believe our project will fill a much-needed void in the market of affordable city living (units beginning at around $415/SF). [Other developments] converting to apartments will only intensify the need for housing downtown in our price range.

Should Marselle be able to maintain the $415/sf starting price point, it’ll be attractively situated in the downtown-core new construction marketplace. For comparison, the highly touted Moda Condominium started at $500/sf which did not include parking for every unit.

Occupancy is slated for Summer 2009. The project is being developed by Marselle Partners who also built the Marc and Matae condominiums. Stay tuned for pre-sale information. In the meantime, the developer is compiling a pre-sale buyer list. Please contact the developer at:

Marselle Partners / Sierra Construction
(425) 487-5200

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About the Author

About the Author: Ben Kakimoto is a condo marketing specialist and publisher of The Seattle Condo Blog. Ben's focus is urban residential properties in Seattle's metropolitan core. Contact Ben to learn more about the Seattle condo and loft real estate market. Find Ben on Google+, Twitter and Facebook. .

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There Are 8 Brilliant Comments

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  1. Ken C. says:

    Hi,
    Do you have the seller’s contact informations on the Marselle Condo. for those of us who are interest in putting our names to the pre-sale list.

  2. Ben_Kakimoto says:

    Ken, I’m told that Williams Marketing will be handling marketing and sales for this project. Unfortunately, there isn’t any information on their website yet regarding pre-sales. http://williamsmarketing.com/

  3. scott says:

    Also very interested in being on the presale list as we are looking for a downtownish condo for around their quoted sf price

  4. Ben_Kakimoto says:

    Ken & Scott,
    I just got word the developer is accepting names for their pre-sale buyers list. Please contact the developer directly at:
    Marselle Partners / Sierra Construction
    (425) 487-5200

    http://www.sierraind.com/contact.shtml

  5. Ben_Kakimoto says:

    Marselle has selected Williams Marketing to handle sales and marketing. Visit http://www.marsellecondos.com to register.

  6. Rick says:

    Does anyone know how this project is coming along…I mean with the price drops and Condo to rentals going on

    Thanks

  7. Mike says:

    They have not even really begun to sell these units. I mean look at any blog site and you’ll see almost no mention of Marselle.look at there website and no pricing or what left. Yet they claim to have them moved into sometime around May/June, sorry Rick unless you see some sort of hard press in selling these units soon then they are going the apartment way.

    Mike

  8. Kevin Long says:

    Rick and Mike.
    I’ve seen your posts on other sites. I’m with Mike on this one Rich. If you have not recieved any paperwork with the closing date in under 3 weeks (not a good sign)
    We have seen it all to often lately.

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