Real Estate
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,…
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…
