Archive | May, 2008

Updated Renderings of Candela

Posted on 30 May 2008

Urban Visions unveiled the newest design for its Candela Hotel & Residences development at 2nd Ave & Pike Street in downtown. Since its first incarnation the 35-story (440′) project has slimmed down in scale to 98 condominium units and 130 hotel rooms. The residential units will front the corner of 2nd & Pike with [...]

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Georgetown Lofts – First Look

Posted on 29 May 2008

In city, urban revival isn’t just a downtown occurrence. Over the past few years, sleepy Georgetown has been slowing reinventing itself from an industrial district, to a haven for artists, and soon, into the next hot spot to live and/or work, not too different from what Ballard has been through.
One of the newest residential [...]

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European Tower Update

Posted on 22 May 2008

GIS International announced they’re putting European Tower on the back burner due to current economic conditions. The exclusive one-home-per-floor tower currently has reservations for 6 of its 16 homes available which start at $2 million. The developer plans to wait till late this year before moving forward.
GIS is also the developer of the [...]

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Stadium Lofts’ New Look

Posted on 18 May 2008

Stadium Lofts (website) has a new developer and a new look. As previously reported, Barrientos has taken over as owner and developer of the project. Since its initial conception, Stadium Lofts has grown in scope – height, number of residential units, number of parking stalls and number of commercial units.
Williams Marketing showed off [...]

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New Listing and Open House at The Portal

Posted on 16 May 2008

I’ll be hosting an open house at The Portal Over Lake Union on Sunday, May 18th from 1 – 4 pm. The Portal is located at 655 Crockett Street, access is from Dexter Avenue.

Unit #A102 is one of only a handful of live/work lofts available within the complex, perfectly suitable for office or artisan [...]

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Moda Condos Update

Posted on 16 May 2008

UPDATE: Moda is converting to apartments.
Moda Condos just released a few units in the NWMLS today, providing a sampling of the home plans available. These range from sub-300 sq ft studios to two-bedrooms and are priced between $184,950 and $365,950. Though Moda sold exceptionally well during pre-sales, word on the street is [...]

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Update on Downtown Area Apartments

Posted on 15 May 2008

Here’s a quick look at designs of several non-condo housing developments in the Belltown & Denny Triangle area.
2612 3rd Avenue (Corner of 3rd & Cedar)
2612 3rd Avenue has a newer design than the one I posted a few months ago. The 17 story apartment will house approximately 185 units, a commercial space and just 82 [...]

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Do You Need A New Construction Inspection?

Posted on 09 May 2008

Many people feel there isn’t a need to inspect new construction because the home has been “Code” inspected by the city. And, to a certain degree this inspection could be accurate but here’s my take as a home inspector and as a potential buyer.

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April Condo Performance Report

Posted on 05 May 2008

April’s performance figures released by the NWMLS exhibited further softening of Seattle’s condo market. The median price for Seattle condos (citywide) was $312,500, a .8% decrease from a year ago and a 5.3% decrease from March’s record high of $329,975.
The available condo inventory rose to 1,572 active listings April. Combined with slower sales [...]

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Belltown Condo Update

Posted on 01 May 2008

Another Belltown condo project
The Schuster Group, developer of Mosler Lofts, purchased the site just south of the Bellora at Cedar and Elliott, according to the DJC. Earlier proposals for the site included a mid-rise apartment and condo projects. At one point one of the proposed projects was called “Bellora 2″.
Schuster’s current plans for [...]

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