Downtown | Pioneer Square
Construction Quagmire
DELAYED! The month long strike by merely 100 operating engineers at the area’s four cement plants is showing it’s impact on Seattle’s construction sites, public and private. Not only has the strike impacted major civic projects like Sound Transit’s light rail and the Olympic Sculpture Park, it’s delaying work on many condo projects as well.…
Downtown Market Update
July saw an increase in condo inventory in the Downtown, Belltown & Pioneer Square areas from 89 to 131 active listings. Pending sales also increased 8.9% from 35 to 39. Interestingly, with the increased inventory, buyers had more choices and it resonated with them as the average days on market fell from 78 to 52…
2005 Condo Appreciation Rates
The Seattle Times reported that King County condos have surpassed single family homes in appreciation during the first half of this year. Condos now make up 25% percent of the total home sales in the county. Condo Appreciation Rates for selected neighborhoods: Source: Seattle Times
Stadium Lofts
Pre-sale & Updated information (Aug 07) Stadium Lofts (website) is a new community in the shadow of Qwest Field at the edge of Pioneer Square, the International District and SoDo. Built atop the 1905 Seattle Plumbing Building, the project includes 85 66 heavy-timbered lofts & work/loft homes. One of the goals of the project is…
Sneak Peeks 2
Sneak Peaks 2 takes a look at several proposed projects. None of these are certain and may never come to fruition. Nevertheless, it’s a chance to see what’s may lie in Seattle’s future. 5th & Bell (site of Teatro Zinzanni): Project consists of two 32-story towers on top of an 8-story base with plans for…
Escala Update
The Escala Condo’s public design preview event is still two weeks away and anticipation is building. However, Escala has pre-released a number of units at special introductory pricing and a quite a few reservations have already been placed. Reservations can be made with a $10,000 deposit which converts to purchase & sale contracts in the…
Olive8 Condo – Midtown Seattle
The Olive8, at the edge of downtown and Capitol Hill, is in the mix for urban living. It’s steps away from the Paramount Theater, the downtown shopping district, close-by the new Whole Foods and a short hop over to Capitol Hill. This area of downtown is generally less active, aside from the cars on Olive…
Four Seasons Seattle Condos
The Four Seasons Seattle Private Residences is Seattle’s most exclusive condominium tower offering spectacular luxury homes in the heart of downtown. Situated just above the Pike Place Market, the residences at the Four Seasons afford beautiful Elliott Bay, Olympic Mountain and skyline views. The residences are located above the Four Seasons Hotel with its own…
1 Hotel & Residences
Update: This project is essentially dead. The Second + Pine project (website) will be instrumental in the rejuvenation of the Market District in Downtown by bridging the area between the Westlake retail district and the Pike Place Market. The development will include a world-class hotel brand called “1” by the Starwood Capital, considerable retail space…
Sneak Peeks 1
8th & Stewart (aka Stewart Condominiums) Located in the Midtown area, near the new Federal Courthouse, 8th & Stewart will be tall at 400 feet. Designed by the renowned architectual firm NBBJ. The 300+ unit project will break ground 2007 with 2009 occupancy. Howell & Terry (aka 1800 Terry) This proposed 275+ unit…
