The Seattle Condo Blog

One Main Street - Bellevue, just announced they will begin hard hat tours soon. Call the sales office to make an appointment if you’re interested. Visit www.onemainstreet.com for more info.

Gallery - Belltown, recently relocated their sales office into a townhome unit in the Gallery building at 2nd and Broad. They have a couple of model homes staged and should have seven model homes ready shortly. The first five floors are complete and residents started moving-in this past Friday.

I recently toured the property but the sales staff was a bit disheveled and only had keys to one unit, and couldn’t provide access to common amenities. I’ll reserve judgment of the development until I can get back for a comprehensive tour. But, if there was one item I was disappointed with it was heating - baseboard and stand alone forced air wall heaters, in a $600,000 unit no less. There are still assignment opportunities available, just saw one on Craigslist. For more info on Gallery, visit www.liveatgallery.com.

Veer Lofts - South Lake Union, is nearing completion and expects to receive its TCO in the next week or two, with first move-in by the end of the month. Currently, the project is about 60% sold so there’s still a number of options for anyone interesting in pioneering SLU condo living. Visit www.veerlofts.com for more info.

Canal Station - Ballard, hosted an agent event last night, a final push to close out sales in phase two. A recent price reduction may make the development appealing to hesitant buyers with one-bedrooms starting from $265,000 and two-bedrooms from $415,000.

I spoke with a owner in phase one who lamented the falling values, especially now that phase two is priced below phase one. At the present, he’s realizing a decent-sized loss in value, but hopefully the new pricing will entice buyers, leading to a reduction in Ballard’s condo inventory. Visit www.canalstation.com for more info.

1521 - Downtown, expects first move-in to begin this November.

The latest luxury condominium project in downtown Bellevue’s ever changing landscape is One Main Street (website) located at 10020 Main Street (map).

The mid-rise One Main Street will feature 62 one-, two- and three-bedroom residences that’ll range in price from the $400,000s to more than $1 million. The project will also include retail on the street level and is located within blocks to the Downtown Park and Meydenbauer Park.

Interior features will include:

• 9′ ceilings with floor-to-ceiling windows
• SieMatic self-closing cabinets
• Natural cherry or walnut hardwoods
• Spa style baths with radiant heated floors, heated towel racks and extra-deep soaking tubs
• Wireless video touch-screen devices to view visitors when they buzz your residence
• Bosch stainless steel appliances
• Fireplace and air-conditioning

A presentation center will open in the fall but One Main Street will be hosting a “Premier Sales Event” that is planned for October 20th and 21st from 11 AM to 6 PM. The Presentation Center is located at 136 - 120th Avenue SE.

The project is slated for completion in December 2008.

One Main Street is promoting itself as a luxury condominium and it will certainly be well appointed. Though, it does not quite meet the same level of luxury as the high-rises being developed in the downtown core, which is good. It’ll provide potential homeowners greater options for downtown Bellevue living.