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	<title>The Seattle Condo Blog  &#124;  Seattle Condos and Lofts &#187; 115 Aurora Avenue</title>
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		<title>Marselle Condominium &#8211; first look</title>
		<link>http://seattlecondosandlofts.com/2008/02/marselle-condominium-first-look</link>
		<comments>http://seattlecondosandlofts.com/2008/02/marselle-condominium-first-look#comments</comments>
		<pubDate>Tue, 19 Feb 2008 23:33:07 +0000</pubDate>
		<dc:creator>Ben Kakimoto</dc:creator>
				<category><![CDATA[Condo News - New Projects]]></category>
		<category><![CDATA[Denny Triangle | Midtown]]></category>
		<category><![CDATA[Queen Anne Condos]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[115 Aurora Avenue]]></category>
		<category><![CDATA[Marselle Condos]]></category>

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		<description><![CDATA[If you&#8217;ve been by the Space Needle recently you&#8217;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 [...]]]></description>
			<content:encoded><![CDATA[<p><img align="right" src='http://seattlecondosandlofts.com/wp-content/uploads/2008/02/marselle_logo.jpg' alt='Marselle Condo Logo' />If you&#8217;ve been by the Space Needle recently you&#8217;ll have noticed a hub of construction activity along Denny Way near Aurora.  Currently, <a href="http://seattlecondosandlofts.com/2007/09/denny-way-developments">four projects</a> are under way including two apartments, a hotel/apartment complex and a new condominium. </p>
<p>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.</p>
<p>Every unit will come with parking and storage. Common building amenities include roof top decks with views of Lake Union &#038; downtown, a billiard room, a resident lounge and a wellness center with cardio machines, weight training equipment and yoga space.</p>
<p><img src='http://seattlecondosandlofts.com/wp-content/uploads/2008/02/marselle_condo_sm.jpg' alt='Marselle Condo Seattle' /></p>
<p><span id="more-869"></span></p>
<p>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.</p>
<p>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. </p>
<blockquote><p>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.
</p></blockquote>
<p>Should Marselle be able to maintain the $415/sf starting price point, it&#8217;ll be attractively situated in the downtown-core new construction marketplace.  For comparison, the highly touted <a href="http://seattlecondosandlofts.com/2006/09/moda-condo-update">Moda Condominium</a> started at $500/sf which did not include parking for every unit.</p>
<p>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:</p>
<p>Marselle Partners / Sierra Construction<br />
(425) 487-5200</p>
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