Real Estate
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…
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…
