Real Estate
It’s Elemental, My Dear Seattle
Pb Elemental is a local company comprised of architects, structural engineers and in-house sales, who’s attempting to redefine Seattle architecture one parcel at a time. Their portfolio is comprehensive and includes single family residences, townhomes, mid-rise apartments, live/work lofts, commercial structures and a pencil thin highrise. There is consistency in their design style; the first…
May 2008 Condo Market Update
May’s condo market performance reflected an improvement over April marking the second year-over-year increase in median price this year. At $320,000, Seattle’s condo median price increased 2.4% over April and 4.1% over May of last year.
Zulo Condominium – North Seattle
Nestled in the North Seattle neighborhood of Licton Springs is the newly converted Zulo Condominium development (website). What’s with the name? Zulo is Spanish for “hideout”, thus the naming implies an “urban hideout” retreat. Zulo includes just 12 condominium homes within 2 buildings consisting of 8 two-bedrooms and 4 one-bedrooms. The two-bedrooms range in size…
Florera Condos Revisited
With the Florera (website) wrapping up Phase I, it’s time for an update (see my previous visit and review). The Florera is a new condominium project developed by Pryde + Johnson, builder of Hjarta and Ashworth Cottages. Phase I consists of 59 studio, one-bedroom, one-bedroom + den and two-bedroom homes located just a couple of…
Moda Sold Out, Again
UPDATE: Moda is converting to apartments. Received news this morning that Moda Condominium in Belltown has sold the 40 some units that came back on the market a couple of weeks ago. A number of those units were made available due to buyer financing issues or buyers backing out due to decreases in square footage.…
WestWater Condominium – West Seattle
The WestWater Condominium (website) is a recent conversion development located in West Seattle at 6960 – 6970 California Ave SW. Originally built in 1989, the two building 4-story complex contains 71 condominium homes with an expansive community courtyard. The WestWater came on the market last year and has sold about half of its inventory, not…
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…
