Real Estate
City Considers Conversion Fine
While the State seems unable to agree on a conversion bill, the Seattle City Council is taking baby steps to assist low-income tenants. Earlier this week, the council’s Housing, Human Services and Health Committee moved forward Bill 116022 that would fine developers $100 per unit per day if they fail to provide notice to low-income…
AVA Condo – Early Preview & Reservations
“ZEN living in the ZING of downtown” – AVA Condominium AVA Condominium (website) began early VIP preview and reservation events in mid-September. Presently, all of AVA’s six scheduled preview events are fully booked. For information on future events, please register on the AVA website. Homes may be reserved during the preview events with a $10,000…
1200 Stewart Project – Denny Triangle
The Lexas Companies has proposed a large two-building residential project at the edge of Denny Triangle at 1200 Stewart Street. The plan calls for two 36-story towers with 500 residential units, 55,000 square feet of commercial/retail space and 800 below-grade parking stalls. The developer has not yet determined whether the project will be built as…
1 Hotel & Residences Delayed
Work on 1 Hotel & Residences (website) has been delayed till early 2008 prompted by a design change and a city moratorium on heavy concrete work during the holidays. Boosted by considerable interest in the City Suites, individually-owned condo units available for rental through the hotel, the developer is reconfiguring the design by replacing three…
Max Condo Update – Greenwood
Update Oct 2007: Max Condominium has ceased sales and will revert back to apartments. The Max Condominium (website) public grand opening was this past weekend at 8520 Evanston Ave N, just north of the Evanston. A condo conversion, the property was built in 1999 as the Maxville Apartments and designed by Weber + Thompson. The…
901 Lenora – Denny Triangle
Across the street from 2200 Westlake is a proposal for a 400 feet tall residential tower at the SE corner of 9th & Lenora. The parcel is currently occupied by the Social Security Administration. For a comparison, the recently completed Cosmopolitan is 330 feet tall. A 400 foot tower would be massive in that area…
Seattle Condo Tour – Sept 22nd & 23rd
Fisher Broadcasting (aka KOMO) has arranged a tour of condo projects in the downtown Seattle, Capitol Hill, Queen Anne, West Seattle and Ballard areas. They’ve put together a nifty map and prospective buyers can either drive on their own or ride free in a shuttle provided by Fisher. The tour runs on Saturday, Sept 22nd…
Wallingford / Aurora Ave Condo
Update: Per a DJC Article dated 11/27/07, this project will be an apartment complex. Kauri Investments recently filed a land use application for a new residential project at 40th & Aurora Ave N. The proposal is for a 4-story building with 93 residential units and 103 parking spaces. While the proposal doesn’t specify the project…
SLU – New Tech Hub?
Both the Seattle PI and Seattle Times are reporting that Microsoft will be making an announcement tomorrow about expanding to the South Lake Union district in Seattle. And, both say, to fill an immediate need, Microsoft may lease space in the Westlake/Terry Building, which houses the new corporate headquarters for Group Health. Rumor also has…
Seattle Area Condo Happenings
The Max Condo – Greenwood The Max Condominium will begin sales this coming weekend with a special VIP preview and sales event on Saturday, September 8th from 11 AM to 6 PM. The public grand opening is Sunday, September 9th from 11 AM to 6 PM. Bellevue Towers – downtown Bellevue Bellevue Towers Condominium announced…
