Real Estate
In Conversion News…
As mentioned previously, the city had been considering an ordinance to ensure conversion developers notify lower-income tenants about displacement assistance or they would be fined. Last week the council unanimously passed the ordinance. Developers or landlords who fail to provide notice will be fined $100-a-day for every day they violate the ordinance. It’s a start.…
One Main Street Bellevue
The latest luxury condominium project in downtown Bellevue’s ever changing landscape is One Main Street (website) located at 10000 Main Street (map). The mid-rise One Main Street will feature 58 one-, two- and three-bedroom residences that’ll range in price from the $400,000s to more than $1 million. The project will also include retail on the…
Max No More
A reader brought this to my attention. At first I was a little skeptical but have since confirmed that the Max Condo in Greenwood has pulled the plug and is reverting back to apartments. It seems sales during the first three weeks did not meet expectations. Which is a bit surprising as Greenwood area condos…
1 Hotel Soiree
Last week the 1 Hotel & Residences project held a private soiree for the launching of the “1” brand. While I wasn’t there, urbnlivn.com’s Matt was. Here’s his impression of the 1 Hotel project.
Volta Condo (formerly Alex Condos) – Belltown
Update 2/22/2010: Alex is now known as Volta Condominium. Update 9/13/2011: The project, which had been foreclosed, was recently purchased by a New Jersey real estate investment company. I suspect they will complete the project as apartments in the near term. Currently under construction, the Alex Condo (website) occupies a prime location in Seattle’s Belltown…
The Marc Anna Condo – Queen Anne
The Marc Anna (website) will be hosting its grand opening this weekend, September 29th & 30th at 102 Galer Street on the top of Queen Anne. Originally constructed in 1927, the Marc Anna features just 6 one-bedroom and one-bedroom + den condominium homes starting from the high $300,000s.
Denny Way Developments
Denny Way has become a hotbed of construction activity with no less than eight residential projects currently under development. These projects will dramatically re-invent the SLU, Denny Triangle & lower Queen Anne landscape. Four of these are located within blocks of each other near Denny Way & Aurora Avenue. Of the four, two are expected…
2nd & Pike Project Named
The Seattle PI reported this morning that Urban Visions’ 2nd & Pike project will be known as the Candela Hotel & Residences. The 2nd & Pike project will be the first property for the Seattle-based Candela Hotels. According to Candela, the 36-story project will aim for LEED Gold certification featuring 150 hotel rooms and 90…
Stewart + Minor – downtown Seattle lofts
Updated The Stewart + Minor project (website), located on the edge of downtown in the Denny Triangle district, is anticipated to be one of Seattle’s most unique, sleek and customizable loft towers. The 440 foot-tower will feature a hotel on the lower 14 levels and 168 loft homes on the upper 14 levels. The concept…
Remaking 2nd Avenue
Downtown Seattle’s 2nd Avenue has been receiving quite a bit of attention lately with several condominium, apartment and office towers under construction or planned. The most notable of these include the 1521 Condominium, 1 Hotel & Residences, 2nd & Pike (hotel & condo) and the Liberty Building (office & apartment) developments. Now, add three more…
