The Seattle Condo Blog

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:

Equinox:
The Equinox sales team report that they’re off to a quick start. Eighty-five percent of those with appointments during the first weekend purchased a home.

Four Seasons:
The uber-exclusive Four Seasons reached a construction milestone this week as the new landmark building rose above street level. At this pace, each floor will be completed every two weeks.

Pioneer Properties:
Preservation-focused Pioneer Properties report they are gearing up for the release of their next three projects later this Spring. They include The Pittsburgh (lower QA), The Nord (Pioneer Square) and The Betsy Ross (Capitol Hill).

Carbon 56:
Carbon 56 recently adjusted their prices. Some units increased in price, some decreased. I’ve updated the most current price list on the Carbon 56 posting.

CityView at Leschi:
CityView indicates they are more than 25% sold. A great start for this conversion project.

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Site Maintenance:
I will be working on some maintenance issues this weekend. While I don’t expect any problems, the last time I manually upgraded software the site was unavailable for a few hours.