The Seattle Condo Blog

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. [...]

Due to landmark review requirements for the Terminal Annex Building, the 2nd Avenue twins are proceeding individually. A design review meeting for the 2015 2nd Avenue project has been scheduled for Tuesday, June 24th at 5:30pm at Seattle City Hall.
The proposal for 2015 2nd Avenue, located on the NW corner of 2nd [...]

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 [...]

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 [...]

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 [...]

As previously mentioned, there has been a few changes occurring with the Stadium Lofts project. Since its initial debut Stadium Lofts has been through a redesign and acquired a new lead developer, Barrientos, which has resulted in delays.
Recently, Stadium Lofts announced that they retained the architectural firm of Weinstein A|U to revisit every detail [...]

The DJC reported today that the parcel on the NW corner of 2nd Avenue & Virginia (next to Cristalla) has been put up for sale. Property owner, Columbia West, is hoping to sell the lot and purchase income producing properties. Though, if the parcel does not sell, word is that Columbia West will [...]

AVA (website) announced they’ve recently secured a Master Use Development Permit (MUP). The 39-story tower at 8th and Pine will feature traditional condominium homes and a luxury hotel. AVA’s developers anticipate construction to begin by the end of the year.
The AVA presentation center, located at 8th & Olive, is nearing completion and should open [...]