It had been rumored for the past few months that Expo62, a new condominium project under construction in Lower Queen Anne, was going to be converted to apartments. Now, it seems to have come true. According to fellow Realtor, James Stroupe, who reserved a unit in Expo62, the building was sold to an out-of-state buyer. Thanks to Staci for the info.
While this is not great news for those who reserved units at Expo62 or the overall health of Seattle’s condo market, it does have a silver lining. It’ll result in an inventory reduction of over 100 units, thereby helping to normalize the market.
Seattle PI: Seattle Center condo project to be apartments