Tag: Downtown Seattle
Construction Quagmire
DELAYED! The month long strike by merely 100 operating engineers at the area’s four cement plants is showing it’s impact on Seattle’s construction sites, public and private. Not only has the strike impacted major civic projects like Sound Transit’s light rail and the Olympic Sculpture Park, it’s delaying work on many condo projects as well.…
Escala Update – 50% reserved
Following Escala’s public preview event on July 27th, 50% of the homes have been reserved (though, nearly 20% were reserved prior to July 27th). In any event, this is a great endorsement of the Escala project and to the strong condo market in Seattle.
Downtown Market Update
July saw an increase in condo inventory in the Downtown, Belltown & Pioneer Square areas from 89 to 131 active listings. Pending sales also increased 8.9% from 35 to 39. Interestingly, with the increased inventory, buyers had more choices and it resonated with them as the average days on market fell from 78 to 52…
Escala Update
The Escala Condo’s public design preview event is still two weeks away and anticipation is building. However, Escala has pre-released a number of units at special introductory pricing and a quite a few reservations have already been placed. Reservations can be made with a $10,000 deposit which converts to purchase & sale contracts in the…
Olive8 Condo – Midtown Seattle
The Olive8, at the edge of downtown and Capitol Hill, is in the mix for urban living. It’s steps away from the Paramount Theater, the downtown shopping district, close-by the new Whole Foods and a short hop over to Capitol Hill. This area of downtown is generally less active, aside from the cars on Olive…
Escala Midtown Preview Event
Due to overwhelming interest in the project, the developers will host a preview event ahead of the sales center’s scheduled opening. The event will be held on July 27th @ 5 PM at 414 Stewart Street, Ste 200. The Escala reception center will include a 2,600 sq foot prototype, preliminary floor plans and introductory pricing.…
Four Seasons Seattle Condos
The Four Seasons Seattle Private Residences is Seattle’s most exclusive condominium tower offering spectacular luxury homes in the heart of downtown. Situated just above the Pike Place Market, the residences at the Four Seasons afford beautiful Elliott Bay, Olympic Mountain and skyline views. The residences are located above the Four Seasons Hotel with its own…
1 Hotel & Residences
Update: This project is essentially dead. The Second + Pine project (website) will be instrumental in the rejuvenation of the Market District in Downtown by bridging the area between the Westlake retail district and the Pike Place Market. The development will include a world-class hotel brand called “1” by the Starwood Capital, considerable retail space…
Escala Condos – Midtown Seattle
The Escala Condominium is planned for the “Midtown” district near the Westin Hotel. Midtown is snuggled between the downtown core, Belltown and Denny Triangle…a marketing concoction rather than a place name. The 330 foot luxury highrise will include 280 homes and will break ground this year with a planned Summer 2008 occupancy. Planned units will…
Sneak Peeks 1
8th & Stewart (aka Stewart Condominiums) Located in the Midtown area, near the new Federal Courthouse, 8th & Stewart will be tall at 400 feet. Designed by the renowned architectual firm NBBJ. The 300+ unit project will break ground 2007 with 2009 occupancy. Howell & Terry (aka 1800 Terry) This proposed 275+ unit…