Real Estate
Insignia Seattle Towers – Seattle – Belltown
Update September 2013: I’ve confirmed that Insignia will open their sales center this month with special pre-sale opportunity and events. Update August 2013: Insignia released information highlighting the amenities and design features for these luxury condominium homes. Update June 2012: Bosa Development has finally broken ground on Seattle’s first new condominium development in 5 years.…
Seattle Condo Sales Performance – October
The good news about Seattle’s condominium market is that market values continue to reflect a strong increase over 2006. City-wide, the median sold price in October was $318,500, an 11.4% increase over October 2006. Queen Anne and Capitol Hill also reflected double-digit median price increases over the prior year as well. As has been the…
Odds and Ends
New Denny Way Tenant Walgreens announced they will open a store within the historic Bank of America building (Seattle First National) at 6th and Denny Way. Walgreens will renovate the interior but will retain the exterior and drive-thru. The store is expected to open this Summer and will be flanked by the new Taylor 28…
Vida Condo Rendering
Vida Condominium (website) has just released a rendering of the proposed project which will include 238 flats and loft homes. Vida is anticipating holding design preview events in early 2008 where buyers will have their first opportunity to view initial floor plans, interior finishes as well as architectural and landscaping design inspirations. The developer is…
8th and Seneca Condo – First Hill
Levin Menzies, the developer behind Icon Tower, is planning another project on First Hill at 8th and Seneca. The $112 million two-tower project will feature 294 condominium homes aimed towards Gen-Xers, empty nesters and Asian immigrants accustomed to high-rise living and will incorporate a Feng Shui design. First time I’ve seen that demographic mentioned in…
Mosler Lofts tour
Took a short hard hat tour of Mosler Lofts this morning, mostly to view the penthouse and sneak a peek at townhouse 2 and #703. The place was a madhouse packed with construction crews and building inspectors. I snapped a few photos, but unfortunately, the TH and 703 were both in rough shape and they…
Midtown Seattle Developments
Over the next few years Seattle’s “Midtown” district may experience a spate of new construction activity from several new high-rise developments under proposal. Midtown is roughly the area where Denny Triangle, Belltown and the Retail District converge. One of the projects in particular will provide a refreshing change to Seattle’s skyline.
Beyond the Concrete Canyons
If urban living isn’t your cup of espresso, there are a number of great condominium communities throughout Puget Sound from projects in a revitalized old Tacoma to a new high-rise project in Bellingham. Here’s a look at a few of the many condo projects in the greater Seattle area. Eastside Verdeaux – Woodinville The Verdeaux’s…
3rd Quarter Market Results
City-wide, the condo market remains stable and is outperforming 2006 levels. Compared to 3rd Quarter ’06, condo sales are up 4.9% while the median price increased a respectable 7.7% to $323,000. A few neighborhoods showed decreases in unit sales while others like Ballard & Greenwood reflected significant growth due to sales at new construction &…
Early Pricing Movement
If you’ve been in the market but felt the prices where just a little too out of reach you just might want to have another look. Two projects want to get the word out about some spectacular deals. The Luxe on Queen Anne and CityView in Leschi have reduced prices from $30,000 up to $75,000,…
