Posted on 18 June 2009
Tags: 2700 Elliott Ave, Bellora, Klee, Schuster Group, Seattle Condos
An early design review guidance meeting has been set for the 2700 Elliott Ave project (Elliott & Cedar), a proposed 13-story, 122-unit residential development in Belltown. The meeting will be held at Seattle City Hall on Tuesday, June 23rd at 5:30 PM in the Boards and Commissions Room L280.
The 2700 Elliott Ave parcel was purchased last year by the Schuster Group, developer of Mosler Lofts, who indicated at the time a desire to develop the property with a “green” condominium building. Recently, they stated to the DJC they are pursuing the design process now in order to be ready for the next development cycle and market upswing.
The parcel is situated adjacent to the Bellora and Klee Condominiums and a development proposal has been floating around since 2002 for this parcel, which has seen ownership changes in 2005 and 2008. Back in 2005 a DPD decision regarding a 14-story, 107-unit proposal was issued to a representative of Trammell Crow Residential.
The design proposal has been added to the Seattle DPD website and can be viewed here (PDF download).
Renderings courtesy of LMN Architects.
Posted on 01 May 2008
Tags: Embassy Development, Escala Seattle, Heron Tower, Insignia Seattle, Insignia Towers, Midtown, Schuster Group, Seattle Condos
Another Belltown condo project
The Schuster Group, developer of Mosler Lofts, purchased the site just south of the Bellora at Cedar and Elliott, according to the DJC. Earlier proposals for the site included a mid-rise apartment and condo projects. At one point one of the proposed projects was called “Bellora 2″.
Schuster’s current plans for the site is a “green” condo project which is zoned to 125′ for residential buildings. No time frame has been provided.
Insignia Towers
The DJC also reported that construction of the Insignia Towers project at 5th between Bell & Battery has been postponed, possibly until 2009. Insignia’s developer, Embassy Development, attributed the sluggish market for their decision.
Escala
As was widely reported earlier this week, Escala announced they’re increasing the prices of their remaining inventory. While the overall adjustment reflects a net increase, sources indicate that they also reduced prices on some of the units the east side of the building.
