Real Estate
Best Views in Belltown?
Martin Selig Real Estate is proposing a new 14-story apartment building adjacent to the Olympic Sculpture Park. Located on the north end of the park, residents at the 3031 Western project will enjoy unobstructed front-row park, downtown and Elliott Bay views. …the vision calls for layers of glass “veils” with various degrees of translucency and…
Seattle Condo Market Update – Nov 2007
Lets start with the bad news first. The median price for Seattle condos fell for the third consecutive month; it now stands at $305,000, a 3.3% decrease compared to October. And, as we’d expect with cyclical patterns, fewer condos were sold last month, though pendings transactions remained unchanged. The good news? Overall, Seattle’s condo market…
Are Seattle Condos Uninspiring?
A reader, Phoenix, sent me the following email about the new projects lacking innovative architectural design. I think I have to agree with him. I have a question that anyone who has any interest in the Seattle/Bellevue condo boom might find interesting. I have a huge interest in architecture and what a city’s skyline say’s…
Site Status & News
Server Status: The blog was transferred to a new host and everything should be back to normal. King5 Interview: l was interviewed by King5 today about the condo market, particularly the state of conversions reverting back to apartments and the overall health of the market. It was my first camera interview, it went swiftly and…
Are Aurora Ave condos a tough sell?
Apparently it must be true when the DJC runs a feature article about developers dealing with the negative perception of being on Aurora. Here’s an excerpt related to the Domaine project. Intracorp is using noise mitigation tactics for its 92-unit Domaine condo project now under construction just south of Canlis Restaurant. Like the Kauri project,…
Seattle Civic Square – Downtown
Just West of Seattle City Hall is the proposed Civic Square project that’ll encompass an entire city block between 3rd and 4th Avenues and Cherry and James Streets. Civic Square will feature an open plaza with an amphitheater, water features, retail space, a Metro/Light Rail station and a 40-story office & residential tower. The curved…
Stadium Lofts Delay Presales
Stadium Lofts has delayed accepting reservations until early next year. Originally, reservations were to begin this month but it appears they are still finalizing interior finishes and pricing. There was also a hold up with permitting approval after the developer altered the original design with additional floors. Latest rendering: Previous rendering:
Seattle Condo Market Trends
Where is the Seattle condo market heading? There’s lots of speculation but no one knows for sure. Though, we can look at what the market has done this past year. Before we get into that, I just wanted to comment on reports we’re hearing from the media. Most articles that reference Seattle, namely national reports,…
So where is Midtown?
The Seattle PI noted the trend of renaming the city’s neighborhoods. Midtown, West Edge, Gateway…where did they come from? “I don’t know who they have in charge of that,” Jewell said. “They probably just have one dude sitting behind a desk who’s like, ‘Hmm, what should we call that?’ ” Lately, that would be condo…
Downtown Condo Updates
Gallery Belltown Buyers speak with their pocketbooks. And, apparently buyers spoke loudly at Belltown’s Gallery Condominium project. When the Gallery project first came online it was touting its SkyLofts concept, true two-level loft homes with 18′ ceiling heights located on the upper floors that offered spectacular city and sound views. But, it seems buyers just…
