Keller Williams Greater Seattle, Ben Kakimoto, Seattle Condo Agent

Laconia rethinking condos

Laconia Development, the Bay area development firm who’s planning to build two condominium buildings in Seattle, is rethinking those plans. Instead, Laconia may proceed with the projects as apartments. The two projects are Icon Tower, at 6th and Wall Street near the Seattle Center, and Seneca Towers at 8th and Seneca on First Hill.

According to the Daily Journal of Commerce, both projects were originally slated to begin back in 2007 but the slow market and lack of construction financing have impacted the projects.

Laconia expects to make a decision in the coming months and could begin construction on Seneca Towers by the end of the year.

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About the Author

About the Author: Ben Kakimoto is a Seattle condo and urban real estate marketing & listing specialist. Contact Ben to learn more about the Seattle condo and loft real estate market or about buying or selling a Seattle area condo. Find Ben on Google+, Twitter and Facebook. .

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