Real Estate
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,…
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.
