Archive for May, 2008
Updated Renderings of Candela
Urban Visions unveiled the newest design for its Candela Hotel & Residences development at 2nd Ave & Pike Street in downtown. Since its first incarnation the 35-story (440′) project has slimmed down in scale to 98 condominium units and 130 hotel rooms. The residential units will front the corner of 2nd & Pike with the…
Georgetown Lofts – First Look
In city, urban revival isn’t just a downtown occurrence. Over the past few years, sleepy Georgetown has been slowing reinventing itself from an industrial district, to a haven for artists, and soon, into the next hot spot to live and/or work, not too different from what Ballard has been through. One of the newest residential…
European Tower Update
GIS International announced they’re putting European Tower on the back burner due to current economic conditions. The exclusive one-home-per-floor tower currently has reservations for 6 of its 16 homes available which start at $2 million. The developer plans to wait till late this year before moving forward. GIS is also the developer of the Stewart…
Stadium Lofts’ New Look
Stadium Lofts (website) has a new developer and a new look. As previously reported, Barrientos has taken over as owner and developer of the project. Since its initial conception, Stadium Lofts has grown in scope – height, number of residential units, number of parking stalls and number of commercial units. Williams Marketing showed off the…
New Listing and Open House at The Portal
I’ll be hosting an open house at The Portal Over Lake Union on Sunday, May 18th from 1 – 4 pm. The Portal is located at 655 Crockett Street, access is from Dexter Avenue. Unit #A102 is one of only a handful of live/work lofts available within the complex, perfectly suitable for office or artisan…
Moda Condos Update
UPDATE: Moda is converting to apartments. Moda Condos just released a few units in the NWMLS today, providing a sampling of the home plans available. These range from sub-300 sq ft studios to two-bedrooms and are priced between $184,950 and $365,950. Though Moda sold exceptionally well during pre-sales, word on the street is that the…
Update on Downtown Area Apartments
Here’s a quick look at designs of several non-condo housing developments in the Belltown & Denny Triangle area. 2612 3rd Avenue (Corner of 3rd & Cedar) 2612 3rd Avenue has a newer design than the one I posted a few months ago. The 17 story apartment will house approximately 185 units, a commercial space and…
Do You Need A New Construction Inspection?
Many people feel there isn’t a need to inspect new construction because the home has been “Code” inspected by the city. And, to a certain degree this inspection could be accurate but here’s my take as a home inspector and as a potential buyer.
April Condo Performance Report
April’s performance figures released by the NWMLS exhibited further softening of Seattle’s condo market. The median price for Seattle condos (citywide) was $312,500, a .8% decrease from a year ago and a 5.3% decrease from March’s record high of $329,975. The available condo inventory rose to 1,572 active listings April. Combined with slower sales activity…
Belltown Condo Update
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…
