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Seattle Condo Market Update
2007-04-08 00:50:00
First Quarter Condo Market Performance Seat tle ’s first quarter 2007 condo sales figures exhibited a healthy market performance compared to the same period last year. The chart below shows Sold information for city-wide condo sales as well as selected downtown core neighborhoods.   March 2007 Condo Market Performance The one month figures from February to March showed a different ...
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Friday Odds and Ends - April 6th
2007-04-07 00:09:00
Urban Real Estate + 2 There are many indicators to gauge the state of the housing market - new construction, the economy, job growth, appreciation and so forth. Well, add another barometer. Sources indicate two new real estate offices will open in Belltown soon - a 2nd Windermere office and a Re/Max office. John L. ...
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The Betsy Ross Condo - Capitol Hill
2007-04-07 00:09:00
Built in 1928, the quaint Betsy Ross Condo minium radiates with character and charm of a time long passed. Pioneer Properties, developer of the Nord and Queen’s Court, is readying the building and upgrading the units for their upcoming sales later this Spring. The three-story building will be home to just 16 one-bedroom condominium homes ranging ...
More About: Ondo , Hill , Capitol Hill

First Look - Azul Flats in Fremont
2007-04-05 20:24:00
aZulflats (website) is the latest project from Williams Marketing. Located in Seattle’s funky Fremont neighborhood at 120 NW 39th Street near Leary Way (map), aZulflats is close to all the action that the Center of the Universe provides. aZulflats comprise of just 30 studio, one- and two-bedroom homes ranging in price from the mid-$200,000s to ...
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Upcoming Condo Events
2007-04-04 19:21:00
Brix: April 13th, 6-8 PM Brix is unveiling their redesigned presentation center at 700 Broadway Ave E. Buyers can now view a full-scale model home and chat with the developer & architect. Refreshments including locally-brewed Elysian Beer will be served. Equinox: April 14th & 15th, 11:00 AM to 6:00 PM Equinox’s Public ...
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Map of downtown construction projects
2007-04-01 01:46:00
Here’s a useful map of new buildings in the downtown area. Click here for larger image. From the Puget Sound Journal’s State of Down town insert.
More About: Projects , Project , Construction

Notable DPD Land Use Activity
2007-03-30 21:28:00
Capitol Hill: The developer for the 514 E. Pine Street, the strip on Pine between Summit & Belmont, has filed an application for a 6-story 106-unit residential building, plus retail space. The SLOG has a rendering and a lively discussion. A hearing has been set for 1827 Broadway, where Chang’s Mongolian BBQ used to be, and ...
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Friday Odds and Ends - 3/30
2007-03-30 20:51:00
Equinox: The Equinox sales team report that they’re off to a quick start. Eighty-five percent of those with appointments during the first weekend purchased a home. Four Seasons: The uber-exclusive Four Seasons reached a construction milestone this week as the new landmark building rose above street level. At this pace, each floor will be completed every two weeks. Pioneer ...
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European Tower - Bellevue
2007-03-29 23:40:00
The next stop on our Bellevue tour is Euro pe an Tower (website) located at 930 109th Ave NE. Of all the new condominium projects in Bellevue and Seattle, Europea n Tower is destined to be the most exclusive and distinctive. Developed by Russian-based GIS International Group, the 17-story tower will be home to only 16 chic condominium homes, ...
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Conversion Limits Get a Second Look
2007-03-28 20:20:00
What seemed dead a few weeks ago is being given a second chance. The Senate has attached the condo conversion bill to another affordable housing measure. If passed, it will go into House-Senate reconciliation as the House?s version of the affordable housing measure does not include the conversion bill. Continue reading the rest of my article ...
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Tribeca Condos - Lower Queen Anne
2007-03-28 18:58:00
The Tribeca is an urban, stylish condominium complex in Lower Queen Anne at 17 W. Mercer Street. Completed in 2003, Tribeca is a great mixed-use concrete and steel low-rise. At street level are several businesses including a Safeway, Taco Del Mar and Subway. Above, are 51 swanky one-bedroom, two-bedroom and two- & three-bedroom townhomes. There ...
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Trace Lofts Informational Forum
2007-03-27 21:46:00
Trace Lofts will be holding an informational forum for those interested in learning more about the project. There will be a short presentation followed by a Q&A session with the project team (developer, ek Group, architect, interior designer and the creator of the Gun Club. When: Wednesday, March 28th Time: 6:00 PM to ...
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Veer Penthouse - South Lake Union district
2007-03-27 21:19:00
The Veer Loft’s only Penthouse is now available. Veer is one of Vulcan’s current projects transforming the South Lake Union district, set to emulate the Portland’s popular Pearl District . Listed at $925,000, the penthouse, situated in the Southwest corner, is a spacious 1,354 sq ft of open living space and features: 16′ floor-to-ceiling windows with 3 ...
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A million bucks for a 1-bedroom
2007-03-27 04:45:00
Ok, so it’s in Ka’anapali, Maui. Received an email announcing the final release of the Honua Kai condominiums, part of a mega resort project. I amazed with Seattle prices, but this is something else: One bedrooms from $695,000 One + Den from $1.05 Million Two bedrooms from $1.325 Million Three bedrooms from $2.4 Million It’s pretty, though. They’re also taking ...
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Espresso Vivace to Anchor Brix Retail
2007-03-27 04:18:00
Brix announce today that Espresso Vivace will move its flagship store to Brix, becoming its anchor retail tenant. The new flagship Espresso Vivace Roasteria at Brix, which will take the place of the Denny Way Roasteria, is expected to take the art of coffee a step further - into the design of the coffee ...
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AVA Condos - Downtown Seattle
2007-03-24 23:15:00
First Look - Ava Condo minium The newest project from Urban Condominiums is AVA. Formerly known as 8th & Pine, AVA will be newest hotel / condo project to grace the Seat tle skyline following on the heels of 2200, Olive8, Madison Tower, The Four Seasons, 1 Hotel, 2nd & Pike and 600 Denny. Developed by the Executive ...
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Twisted @ 2nd & Pike
2007-03-24 21:57:00
Interesting concept from the new architect for 2nd & Pike . My guess, the angled upper levels will provide more SW and NW view units, though it’s hard to discern direction based on these early mock-ups. Unfortunately, the street & lower-level portion are less than impressive. Click here to view the image. The developer ...

Friday Odds and Ends
2007-03-23 19:13:00
Landes Condo Tango: I noticed the Landes disappeared from the Williams-Marketing website but knew the project was moving forward.  So, I contacted the developer to get the scoop.  Presently, the developer is undecided whether to market the project as apartments or condos, though they are constructing units with condo-grade finishes.  A decision is expected to be ...
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Maris Shilshole - Ballard
2007-03-19 23:43:00
Maris Shilshole just released an updated website with floor plans and prices (site needs a skip flash intro option). The project is a small boutique condo complex consisting of just nine home close to the waterfront offering views of Shilshole Bay. Residents can stroll to area restaurants and enjoy sunsets at Golden Gardens on a ...
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Bellevue Towers
2007-03-19 22:28:00
Bellevue Tower s is another condominium project that is re-shaping the heart of downtown Bellevue. But, unlike the other projects, Bellevue Towers may well become one of Bellevue’s iconic buildings. At 42 & 43-stories, the sleek glass-enclosed towers will be among the tallest residential buildings in the greater Seattle area, not just ...
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The Greens
2007-03-17 20:58:00
On this green St. Patrick’s Day, thought I’d just spotlight some of the new green condos. Bellevue Tower - website Enso - website Florera - website Hjarta - website Martin - website Mosler Lofts - website Rollin Street - website Olive8 - website Veer Lofts - website Green Reading: Seattle PI Building Green Blog City of Seattle Green Building Site US Green Building Council (LEED info)
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Washington Square - Bellevue
2007-03-15 22:11:00
The second of Bell evue’s new condo projects, Wash ington Square, developed Wasatch Development, is taking form on the north end of downtown Belle vue (map). When complete, the $1.2 billion 10.5-acre super-block project will encompass four residential towers, a hotel/condo tower and an office tower making it one of the more ambitious developments in the greater Seattle area. Currently, ...
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Equinox Condos - Sales & Preview Info
2007-03-14 22:24:00
Equinox is a new condominium development just north of the junction of Eastlake Ave E and Fairview Ave E. This long awaited project is gearing up for home sales which will begin this month at their recently completed Presentation Center at 1500 Eastlake Ave E (Entrance on Galer St). Equinox will feature 204 open one-bedroom ...
More About: Preview , Sales , Review , Info , Sale

Curbing Conversions
2007-03-12 23:36:00
The legislature is considering curbing condo conversions with bills in the House and Senate. The Seattle PI reports a compromise has been reached by the House and special interest groups. For more information, please read my post at Seattle Housing Buzz.
More About: Sion , Conversion , Version , Bing

Leona Condos - Queen Anne
2007-03-11 01:14:00
Located on Queen Anne ’s south slope, Leona is the newest and most luxurious conversion in Seattle (map). Originally constructed in 1909, the building was one among the first multi-family structures built on Queen Anne. As part of the conversion, the interiors are being rebuilt, parking will be moved underground, new townhomes will be built ...
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Friday Odds and Ends
2007-03-10 15:26:02
Is Civic Center Ready for Residents? Seattle Times columnist Nicole Brodeur wonders if the lot across from City Hall will attract condo-owners.  Would buyers of $500,000 to $1 million condos co-exisit with the raw, urban surrounding? I scanned our surroundings. Loitering. A bail bonds place. People lined up for free bag lunches. A man sat in a doorway, folding and unfolding a blanket, talking to himself. And then there’s the Frye Hotel, where Seattle police have been called 85 times in the past six months. Noise complaints, thefts, several DOAs. Maybe not today, but eventually, redevelopment will redefine the Civic Center neighborhood.  Kitty-corner from this project is Smith Tower and just a few blocks away are the 5th & Madison and 5th & Marion projects.  Then there’s The Donald.  It’s just part of urban living.   Cats and the City Tomorrow (March 10th) is the Seattle Animal Shelter’s Fabulous Felines cat adoption event at the Alki Community Cent...
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Daily Journal of Commerce Condo Special
2007-03-09 15:26:01
The Daily Journal of Commerce just released a condominium special covering a number of topics from conversions, space, market forecasts to ventilation. The DJC is subscription-based but the special report should be available without a subscription. The articles were written by the principals of condo marketing firms, developers and an architectural firm and there is a bit of self-promotion.  However, I found the articles to be an informative and useful resource for potential condo buyers.  It’s worth the read.
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More Market Info - NWMLS March Update
2007-03-09 15:26:01
The NWMLS March update press release is out and it does confirm a strong start for the year, especially for the condo market. Figures for February show system-wide gains in both pending sales (offers made and accepted, but not yet closed) and sales prices compared to a year ago. Results were mixed among the 19 counties in the MLS service area, but together they reported a 4.8 percent increase in year-over-year pending sales for February. Prices for last month’s closed sales of single-family homes and condominiums jumped 14.4 percent from twelve months ago. The median price for last month’s completed transactions was $324,000. That was $40,800 more than at this time last year. The condominium market shows continued strength, with pending sales rising 13.7 percent from a year ago. Prices for condo sales that closed last month were 20 percent higher than twelve months ago. One of the more surprising stats is the current inventory level for condos. In King County it’s...
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Leona Preview Event - Queen Anne
2007-03-09 15:26:01
Leona is a new luxury condominium project on the South slope of Queen Anne at 916 Queen Anne Ave N (map). They will be hosting a preview event for registered website visitors and will be accepting reservations. Where: Leona - Located at 916 Queen Anne Ave North., Seattle When: Saturday, March 24, 2007 Time: 4:00 pm - 6:00 pm
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Smith Tower Condo Review Meeting
2007-03-06 15:24:02
On the agenda for the March 7th Pioneer Square Preservation Board meeting will be a review of the plan to convert Smith Tower into condos. The proposal calls for reclassification of the building to allow for retail on the ground floor and 150 condo units above. Where: Seattle City Hall, 600 4th Ave - Boards & Commissions Room #L280 When: 9:00 AM to 11:00 AM Related: - Preservation Board Agenda (PDF) - Seattle PI article - SCL’s initial post
More About: Review , Condo , Ondo , View