Ben Kakimoto
Ben Kakimoto is a Seattle condo and urban real estate marketing & listing specialist. Contact Ben to learn more about the Seattle condo and loft real estate market or about buying or selling a Seattle area condo. Find Ben on Twitter and Facebook.
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…
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…
Olive 8 update and tour photos
Olive 8 held a hard hat tour event at the construction site today to show off the building’s progress (I had a prior commitment and was unable to attend). Fortunately, Megan Hilfer of Parsons PR, was kind enough to share a few photos from the event which I’ve posted below. When completed, Olive 8 will…
City’s Edge Condos
The City’s Edge Condominiums (website) is a new, gated conversion community nestled within 4-acres of protected greenbelt just 7 miles from downtown Seattle. The development features 45 condominiums in 7 buildings which consists of 17 one-bedroom, 23 two-bedroom and 5 three-bedroom homes. Most of the homes are corner units that range in size from 481…
Clise Sale Is Off…For Now
Clise Properties has taken its 13-acres in Denny Triangle off the market due to the global credit market downturn. Clise received 15 offers and conducted 60 tours with the most serious offer coming from a Dubai-based real estate development company. Clise is expected to put the properties back on the market once the financial markets…
