A luxurious 2 bedroom, 2.5 bathroom, plus den condo in the beautiful Madison Tower Condominiums in Downtown Seattle. Atop Hotel 1000, this southwest corner unit features sweeping views of the Olympic Mountains, the Puget Sound, and Seattle’s cityscape. Beautifully finished with top-of-the-line appliances throughout. Resort-style amenities available including:
Bosa Development Corp is planning on beginning the first construction phase of a gigantic condo project within the next two weeks. There will be two 41-story, 335 unit condo towers in the Denny Triangle Regade, just a block or so away from where Amazon plans to build three office towers. According to the Daily Journal of Commerce Bosa’s president Natale Bosa said “construction will be done in two phases on a full block site between Battery and Bell streets and Fifth and Sixths avenues.”
The construction plans include 36,000 sf of retail space below the two towers, a swimming pool, lounge area and exercise room, and 900 parking stalls. The project will cost roughly $350-$400 million, and the first tower is scheduled to open at the end of 2014. If the market turns around, and the first tower fills, the second tower will begin. The is the first condo development to be built downtown in five years! For more information, visit the Seattle Times.
The past two years have not been promising for the Seattle Condo Market, and condo developers are finally starting to see a turn around in the Downtown area. According to the Seattle Times, roughly two dozen new projects were at work between 2007-2010 during big the real-estate crash. Many of those who bought the pre-sale backed out and several developers ended up converting their buildings to rental units to cater to the economy. Those who stuck it out had to slash prices, and in many cases had to lower the costs by up to 40 percent.
Today the market is starting to look more appealing and beginning to have the first signs that it will bounce back. A few good indicators include Escala raising some of their prices; one of the largest downtown projects to date, Escala did so quietly, with the majority of their condo units selling for 99% of the asking price, they’ve begun upping the anty as their inventory gets smaller. Also of the 2,500 condo projects that have been built in downtown and surrounding areas, fewer than 250 units is left unsold. There are currently no new projects in place; most developers and lenders have put condos on hold to allow the market to recuperate. If you’re interested in learning more about finding a condo in the Seattle area, here is a list of available units.
One Pacific Tower located at 2000 1st Avenue in downtown Seattle is 2-story luxury condominium building. The building was developed by Vyzis Development Company and designed by Curtis Beattie & Associates. The building was constructed in 1994, and is only a few blocks from the Pike Place Market. This building is close to everything that downtown Seattle and Belltown have to offer. Please follow the link to search Seattle luxury condominiums for sale.
There will be an open house at The Art Stable, Tuesday, May 3rd from 11 AM to 1 PM. Only two condos are left in this award winning building building designed by iconic architect Tom Kundig.
Both units are shells giving you the ability to create your own dramatic and custom space. Floor to ceiling windows take in vistas of Downtown, Olympic Mountains, and Queen Anne Hill as well as the colorful urban fabric of vibrant South Lake Union neighborhood.
The commercially zoning allows the units to be used as live work spaces. Click to read more about the 6th floor condo and 4th floor condo or come by the open house tomorrow to see the condos in person.
In addition, look for a more thorough blog about The Art Stable in the coming days.
The Four Seasons Hotel and Private Residences located in Downtown Seattle was facing financial troubles after having nearly $34 million in construction liens, defaulting in 2009. These troubles were much in part due to slow sales when the Seattle real estate market was beginning to fall apart. The building opened in 2008 with 36 residences, which range in price from $2-$10 million. According to a Seattle Times article published today, the owners of the building, Seattle Hotel Group LLC, have dug themselves out of this hole with financial restructuring. Last week, the Seattle Hotel Group received a loan for $26 million towards the debt, owed to Washington Real Estate Holdings. For now, things are looking up for the ultra luxurious downtown Seattle condominiums. There are eleven residences still for sale in the building. Please follow the link to see one of these luxury condominiums full listing details and photos.
Two of the Lakeview Townhouses, Townhouse 1308-A and 1308-B are now on the market for sale. Lakeview Boulevard runs along the west edge of Capitol Hill and overlooks Lake Union. These Urban Seattle Townhomes are a masterful blend of concrete, wood and glass and are very unique because they were designed with sustainable low maintenance materials. 1308-B is a spacious 1,417 sq ft townhouse nestled against the beautiful backdrop of five-acre greenbelt and offers 2 bedrooms and 2 baths. While 1308-A offers 2 bedrooms, den and 2.5 baths. This 1,655 sq ft townhome features floor to ceiling windows with partial views of Lake Union, concrete floors, and large garage. Click this link to learn about Capitol Hill real estate and what this Seattle neighborhood has to offer.
If you want a Seattle luxury condominium, with everything there is to offer, the recently constructed 1521 Second Avenue condominiums maybe be just what you’re looking for. The 38-story building was constructed in 2009, designed by Weber + Thompson Architects. The 143 units are large, ranging in size from about 1,800 to 3,000 sf, all of which are 2+ bedroom homes. As far as individual units go, they were all designed by Susan Marinello Interiors with a modern and urban feel. The interiors feature floor to ceiling windows, hardwood floors, and top of the line appliances and systems. 1521 was also Seattle’s first high-rise residential building, so the views are incredibly stunning. Homeowners have sweeping views of the city, water and mountains to enjoy. The building is also rather “green”, achieving and LEED Silver status. The building amenities include a gym, yoga studio, 24/7 concierge, work studios and gorgeous rooftop terrace, among others. If you want to find a Seattle luxury condominium for sale, not to mention one of the best views in the city, check out what 1521 Second Avenue has to offer. Follow the link to find other downtown condominiums for sale.
The Marselle is a new development located in South Lake Union. I’ve had the pleasure of touring a number of units in the building (located at 699 John Street) and they are pretty nice, to say the least. The units are priced starting in the $200 thousand range for a studio and the largest unit is a three bedroom. The units have the same features as most Seattle luxury condos including hardwood floors, granite countertops and stainless steel appliances. The best view from the Marselle is undoubtedly of the Space Needle, which is only a couple blocks away. Residents enjoy a variety of amenities including an unmatched rooftop deck, a game room, fitness center, yoga studio and private storage. If you’re looking for a new, luxury condo for sale in an excellent Seattle location, then check out the Marselle Condominiums.
The Gallery Condominiums in Belltown Seattle will have a close-out auction on March 5, at the downtown Grand Hayatt. Gallery, which was built in 2008, had its first auction in September 2009. Only 25 units of the 233-unit building are going up for auction. The auction will be conducted by Accelerated Marketing Partners. The building was designed by Mithun Architects +Designers+Planners who also designed Mosler Lofts. The Gallery’s amenities include a club house, a concierge, a game room, rooftop terrace, exercise room, and guest suites. Available units can be seen daily from 10 a.m. to 5 p.m. and Thursday until 7 p.m. Please visit the website for more auction information.