The Seattle Condo Blog

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.

Related:
Seattle PI: Seattle Center condo project to be apartments

The Expo 62 project has been sold as an apartment building.

After much anticipation for lower Queen Anne’s newest condominium community, Expo 62 will begin sales starting Tuesday, May 22nd by appointment only.

Prior to the purchase & sales appointment, now through May 20th, interested buyers should schedule a home preview and selection appointment and obtain tentative pricing information (a price range). Your buyer’s agent can schedule the appointments for you.

Interested buyers should be pre-approved by the preferred lender, Angel Whitney of Countrywide. Her information is available on the Expo 62 website – click on “Pre-Qualify”.

Related SCL Post: Expo 62 – Lower Queen Anne

Update Jan 2008: The project has been sold and will be developed as apartments instead of condos.

EXPO 62 (website) is Intracorp’s latest condominium development located in the lower Queen Anne neighborhood (map). As the name implies, EXPO 62 pays homage to the 1962 World’s Fair also known as the Century 21 Exposition which took place across the street at the Seattle Center.

The seven-story complex features 114 condominium homes consisting of studios, 1-bedroom, 1-bedroom + den, 2-bedroom, penthouse and 13 two-level live/work lofts. Homes will range in size from 422 sq ft for a studio to 1,545 for the largest live/work loft.

Prices are still to be determined but EXPO 62 has provided a pricing guideline with associated square footage for each style of home. EXPO 62 expects to have finalized pricing available in about two-weeks. EXPO 62 will not be accepting reservations, interested buyers will go straight to purchase and sale which are expected to begin within the next month.

EXPO 62 design concept is largely based on the De Stijl artistic movement in Holland during the early 20th Century which explains some of the color choices of the interior finishes. However, EXPO 62 also offers color and design schemes for more contemporary Northwest sensibilities.

Read the full story

Update Jan 2008: The project has been sold and will be developed as apartments instead of condos.

Expo 62 (2nd & John) will consist of 113 townhomes, flats and work/live lofts across the street from the Seattle Center.

Read updated review at: Expo 62 – Lower Queen Anne (4/23/07).