Archive for March, 2008
2nd & Virginia Site Up for Grabs
The DJC reported today that the parcel on the NW corner of 2nd Avenue & Virginia (next to Cristalla) has been put up for sale. Property owner, Columbia West, is hoping to sell the lot and purchase income producing properties. Though, if the parcel does not sell, word is that Columbia West will eventually develop…
Lighthouse Point – West Seattle
The Lighthouse Point Condominium (website) is a new conversion complex located next door to the Alki Point Lighthouse and steps from Alki Beach. Previously the Riptide Apartments, Lighthouse Point offers 40 studio and one-bedroom homes starting from $195,000. The initial release of homes are located on the 1st and 2nd floors and range in price…
McKean Condo – Queen Anne
The McKean Condominium (website) located on Queen Anne’s SW slope at 1404 Olympic Way West is the latest Seattle offering from the MCM Group. Originally constructed in 1929, the brick-veneered vintage building has been thoroughly updated with new wiring, siding and plumbing systems. The complex encompasses just eight one-bedroom condominium homes that feature original hardwood…
Condos Go On the Auction Block
Once touted by its developer as the centerpiece to creating a Kirkland styled neighborhood on the Kitsap Peninsula, The 400, is now heading to the auction block. According the the Kitsap Sun, starting bids will be nearly 60% below the list price. A 577 sq ft one-bedroom unit listed at $259,000 will be offered at…
Conversion Roundup
Capitol Hill seventeen07 – 1707 Boylston Ave seventeen07 is located in the mix of Capitol Hill’s vibrant Broadway & Pike/Pike districts, just west of Seattle Central at the corner of Boylston and E. Olive Street. The 3-story building features 36 studio, one- and two-bedroom homes, some with downtown views. Studios come just under 400 sq…
Pontedera Condos
HomeSight, a non-profit community development company, is breaking ground on a new condominium project in Seattle’s Rainier Valley neighborhood on city-owned surplus land intended for affordable workforce housing. The six-story $32 million project will feature 17 live/work lofts and 85 condo units. Prices will start from $220,000 with financing assistance up to $120,000 for families…
AVA Condo Update
AVA (website) announced they’ve recently secured a Master Use Development Permit (MUP). The 39-story tower at 8th and Pine will feature traditional condominium homes and a luxury hotel. AVA’s developers anticipate construction to begin by the end of the year. The AVA presentation center, located at 8th & Olive, is nearing completion and should open…
Art House Apartments?
Could the Art House development be the latest condo project to go apartments? The developer, the Pauls Corporation, has apparently been researching apartment development in the Seattle area. Pauls has a property management division so it might not be out of the question. Whether it’s condos or apartments it’ll appeal to urban dwellers with its…
Eleven Eleven East Pike Condos (1111 East Pike)
Eleven Eleven East Pike (website) is the first condominium project designed by Tom Kundig, an AIA award winning principle with Seattle-based Olson Sundberg Kundig Allen Architects. Eleven Eleven East Pike blends modern, even playful elements, with Capitol Hill’s rustic character within the Pike/Pine corridor. Situated half way between Trace Lofts and Monique Lofts, the six-level…
Trace Lofts Update
Trace Lofts (website) report they are down to their final 5 units. Four of the units are on the 4th level with the remaining unit on the 5th level. Prices range from $485,000 for a 703 sq ft loft to $850,000 for a 1,154 sq ft loft. Next door at Trace North, construction is expected…
