The Seattle Condo Blog

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 eventually develop the property.

Columbia West also owns the parcel on the SW corner of 2nd Avenue & Virginia and will move ahead with its plans to build a condominium/hotel complex and incorporate the Terminal Sales Annex building. There had been public concerns the building was going to be razed but it received landmark status earlier this year.

The condo front has been pretty quiet so I thought I’d highlight some of the new apartment developments coming up in the downtown area. A number of the apartment projects rival the scale, amenities and upper-end finishes of new condominiums.

The Olivian

Location: 8th & Olive
Building: 27-story, 224 units
Developer: The Hanover Company
Architect: Carrier Johnson
Other: Under construction, occupancy slated for Spring 2009
Website: www.theolivian.com

Aspira

Location: 1823 Terry Avenue, corner of Stewart & Terry
Building: 37-story, 326 units
Developer: Urban Partners
Architect: LMN Architects
Other: Under construction, Green built, 11th floor amenities (fitness center, library, club room, conference room, media room, outdoor BBQ, fire pit and gardens).
Website: www.aspiraseattle.com

Kinects

Location: 1823 Minor Ave (off Stewart)
Building: 40-story, 366 units
Developer: Security Properties
Architect: Bumgardner
Other: Aiming for LEED Silver. Security developed the Epicenter in Fremont and is currently developing the Park in Ballard project at the old QFC site on 24th. Security is also planning another high-rise residential tower at 815 Pine.

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