The Seattle Condo Blog

Redefined, Seattle’s Escala Condominium plans to reopen its sales center on March 27th.

5th and Madison’s remaining units to be auctioned on March 28, 2010.

Olive 8 has been awarded Seattle’s first LEED Silver certification (hotel/condo) by the U.S. Green Building Council.

Pontedera Condominium will be hosting a Summer Buyers Preview Event on Wednesday, July 22nd. Developed by non-profit HomeSight, Pontedera is aimed towards providing affordable housing opportunities close to the city center.

1521, Seattle’s newest upscale condominium in downtown, provided photos of their model home and residential amenities. Along with the Four Season’s Private Residences, 1521 is one of Seattle’s most prestigious residential towers.

The Seattle Four Seasons Hotel and Residences in downtown recently opened to the public and new residents. The 21-story $150 million project includes 147 hotel rooms and 36 uber-luxurious condominium homes.

According to the NWMLS, at least four pre-sale buyers have listed their 1521 units on the market, priced between $1,250,000 and $2,100,000.

On Tuesday, July 22nd, the city’s Design Review Board will hear two proposals for high-rise structures on 2nd Avenue – 1915 2nd Avenue and 1931 2nd Avenue, both have been before the board previously.

The Heron Pagoda development at 5th and Stewart has been delayed, according to the DJC today, becoming the latest project to be put on hold due to the housing market and the economy. It joins the other major downtown area projects that are on the back burner — AVA, 1 Hotel, Martin and Stewart [...]

Just some observations…

Spoke with King5’s Bernard Choy today about some major price decreases, namely Madison Lofts and Cosmo. Check out unit #210 at Madison Lofts, SW corner unit – was $549,000 now $429,950. In his report, Bernard stated ML is taking some pretty steep decreases, up to $200,000.

Pre-sale investors are jumping ship. [...]