Condo News – New Projects
Heron and Pagoda Towers project close to foreclosure
The Seattle Times reported that the proposed mega twin-tower project, Heron and Pagoda Towers, at 5th Avenue and Stewart is in trouble with the possibility the property will be foreclosed.
Seattle Times – Buyers back out
Good article in the Seattle Times today about the struggle and decisions that presale buyers are facing at new developments.
Enso offers special pricing on select units
Enso drops prices on select homes and is offering other incentives to entice buyers.
Condo PR, news and deals
Several condos are offering deals to close out construction, but none as good as those being offered at Veer. Buy a condo, get paid closing costs plus free furniture, plane tickets and a workout.
Parc interest rate buy-down promotion
The Parc condominium is offering a limited time rate buy-down promotion with a starting rate as low as 2.875%.
First impression of Rollin Street Flats
Vulcan hosted a hard hat tour of Rollin Street Flats today, which provided a first glimpse of the project. Overall, the build quality and finishes met expectations, definitely an upgrade over Veer Lofts.
1521 pre-solds on market
According to the NWMLS, at least four pre-sale buyers have listed their 1521 units on the market, priced between $1,250,000 and $2,100,000.
Veer Lofts update
Vulcan is putting the final touches on South Lake Union’s long awaited Veer Lofts residential development, which recently received its temporary certificate of occupancy. The six-story building contains nearly 100 multi-level lofts and open flat homes.
Ten Twelve First Avenue (1012 1st Avenue)
Ten Twelve First Avenue is a proposed 35-story hotel/condo development in downtown designed by acclaimed New York architect, Ismael Leyva. Not much is known about this project but two penthouse shell listings just hit the NWMLS.
