The Seattle Condo Blog

From the Seattle Times this morning, the Four Seasons Private Residences Seattle hasn’t been paying its bills. Read the full article.

More than a year after the $120 million Four Seasons Hotel and Private Residences opened to considerable fanfare, a dozen firms that designed and built the ultraluxury project say they haven’t been paid in full.

They have recorded claims totaling more than $34 million against the downtown Seattle building. The largest lien, for $23.7 million, was filed in August by Lease Crutcher Lewis, the project’s general contractor.

Two Four Seasons subcontractors and lien claimants — Redmond millwork installer Surgent and Silverdale mechanical contractor Stirrett Johnsen — filed separate suits in King County Superior Court last month.

The lawsuits name Lease Crutcher Lewis, SHG, each owner of the building’s posh condos and a host of other defendants, and seek judgments totaling more than $1.8 million against Lewis and two other contractors.

With the opening of the new Seattle Four Seasons Hotel and Residences in downtown, news have been plentiful.  The 21-story $150 million project includes 147 hotel rooms (levels 3-10) and 36 uber-luxurious condominium homes (levels 11-21).

Project details:

• 11 unsold condo units range from 1,300 square feet to more than 7,000 square feet. Prices range from $2 million to more than $15 million — an average of around $2,100 per square foot.
• Hotel room rates start at $365.
• Fran’s Chocolates has opened in one of the two available commercial spaces. Four Seasons veteran Kerry Sear, former chef and owner of Cascadia in Belltown, runs Art Restaurant and Lounge, the hotel restaurant.
• Hotel features include a business center, 4,900-square-foot ballroom, five meeting rooms, a fitness room, 6,000-square-foot spa, and an outdoor pool and fireplace.
• The first condominium owners moved in earlier this month.
• The new public stairway between Union Street and Western Avenue has 103 steps. 
• The ownership group’s managing principals include John Oppenheimer, CEO of Columbia Hospitality; former Seattle Mayor Paul Schell; and Tom Alberg, managing director of Madrona Venture Group. Other investors include Bruce McCaw and the Muckleshoot Indian Tribe.

Linkage:

The Four Seasons Seattle website

Four Seasons delivers a jolt of urban energy - DJC

How Four Seasons returned to Seattle – DJC

In the lap of luxury at Four Seasons – Seattle PI

Four Seasons Grand Opening Photos: Amenities – Stroupe Condo Blog

Photos from 11/14 Broker’s Event:

Model Home Unit

View of terrace from 11th floor model home:

Hotel room:

The $1 million floating stairway: