Oct 22nd

Enso Tour Follow-up!

Categories: Commercial Space, Enso, Green, Luxury Properties For Sale, New Construction, Real Estate News, South Lake Union

Last Friday, a colleague and I toured Enso- was pretty exciting!  I have to say that the prices seem very reasonable for the square footages, finishes and views.  One of the things that surprised me was the amazing use of space…all the floorplans seem a lot bigger than what they actually are on paper.  We toured a smaller open 1 bedroom at 683 SF, and I could have sworn the space felt more like 800+ SF.The finishes are top notch…Bosch appliances, hardwood/bamboo flooring, concrete/honed granite countertops and beautiful Eggersmann German cabinetry- comes with quite the background story and just proves how much effort Vulcan put forth in finding sustainable and renewable materials. 

As for the views- this property is all about the city lights!  There are unobstructed views of the Space Needle and Lake Union but you will be dazzled when touring the property in the evening…amazing! 

As for amenities…the resident lobby is very welcoming and accessible from the Blanchard side of the building where there will be a concierge sitting during extended business hours.  The clubroom has an amazing kitchen, lounge & TV area…complete with a sun deck and industrial-sized BBQ.  The fitness room is well equipped and located in a very large and open space overlooking the city skyline.

If you ask me, I think Enso is going to be a great addition to the South Lake Union community!  

Click here to read more about Enso’s LEED Gold certification

Click here to visit the official website 

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Oct 27th

Seattle Times- Construction Sites Currently Stalled in Downtown Seattle

Categories: 1915 2nd Ave, Apartments, Ava, Commercial Space, Condominiums, Insignia, Market Trends, New Construction, One Hotel & Residences, Real Estate News, Smith Tower, Stewart|Minor

This past Sunday, The Times featured a worth-mentioning piece on the stalled condominium and apartment buildings downtown Seattle and Bellevue.  With over 23 projects in Seattle alone, the lack of construction financing is the number one contributing factor for the dead sites

1. 151 John Street (17 Apartments, 1st & John)
2. Icon (283 Condominiums, 6th & Denny)
3. Insignia (646 Condominiums, 5th & Battery)
4. 2030 8th Ave (230 Condominiums, 8th & Lenora)
5. Stewart & Minor Lofts (150 Apartments/160-Room Hotel)
6. 7th & Westlake (365 Condominiums/342,000 SF Office)
7. 1800 Terry Ave (261 Retirement Apartments, Terry & Howell)
8. 2nd & Bell (102 Apartments)
9. 2700 Elliott Ave (100 Condominiums, Elliott & Cedar)
10. The Martin (170 Condominiums, 5th & Lenora)
11. AVA (236 Condominiums/190-Room Hotel, 8th & Pine)
12. 1519 Minor Ave (80 Condominiums, Minor & Pine)
13. Art House (140 Condominiums, Elliott & Battery)
14. Western & Blanchard (113 Condominiums)
15. Heron & Pagoda Towers (400 Condominiums/200-Room Hotel/267,000 SF Office, 5th & Virginia)
16. 2000 3rd Ave (441 Apartments/40-Room Hotel, 3rd & Virginia)
17. 1915 2nd Ave (175 Condominiums, 2nd & Virginia)
18. 1 Hotel & Residences (51 Condominiums/44 Suites/192-Room Hotel, 2nd & Stewart)
19. SkyGarden (116 Condominiums, First Hill)
20. 5th & Columbia Tower (760,000 SF Office)
21. Colman Center (170,000 SF Office, Pioneer Square)
22. Smith Tower Condo Conversion (12 Condominiums, 2nd Ave & Yesler)
23. 200 Occidental Ave S (62 Condominiums/130,000 SF Office, Pioneer Square)

The total is close to 4,200 residential dwellings! Click here to read more.

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Jul 9th

Two Tower Condo Project on 5th Ave- Officially Postponed!

Categories: Commercial Space, Downtown, Midtown, New Construction, Real Estate News

Multi Capital Group is delaying construction on their two-tower development right across from the Westin known as Pagoda and Heron towers.

The plan was to build 400 condos, a 200-room hotel and 312,000 square feet of commercial space (office and retail) but due the current market/economic conditions and the lack of financing for the project, they have decided to postpone.

For how long? Alex Carlin, the senior project manager says ?We’re still trying to decide when is the best time to move forward,? with the prediction that in 2011/2012 there will be a shortage of condos in the downtown area. Click here to read more!

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Jun 24th

1 Hotel & Residences- UPDATE

Categories: Commercial Space, Downtown, Green, One Hotel & Residences, Real Estate News

What was to be the site of 1 Hotel & Residences will remain a desolate gaping hole on 2nd Ave and Pine until Starwood Capitol Group can secure a construction loan and proceed with a newly designed 23-story hotel-condo building.

Not only has the construction been delayed for nearly a year now, but most recently Avalon Holdings, a Portland-based firm headed by Paul Brenneke, has sold their interest ($45 million) in the $250 million project. Avalon will continue to develop the 18,800 square feet of retail space at street level of the Macy’s parking garage and it was announced that Columbia Sportswear Company is planning to operate two retail stores in the space as early as this fall.

Click here to read more!

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May 6th

Seattle’s Clise Family Pulls 13-Acre Property off the Market in Belltown!

Categories: Belltown, Commercial Space, Real Estate News

Temporarily, The Clise family has pulled a major development off the market due to the credit crunch and a recent reevaluation of the economy. The square footage for the property would have totaled that of 5 Empire State Buildings costing the family nearly $7 billion dollars! The story received a lot of media attention last week but I thought this rendering was worth passing on. Thanks Pablo!

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Dec 28th

Great Opportunity- Belltown Office/Retail Space $360k

Categories: Belltown, Commercial Space, Real Estate News, Seattle Neighborhoods

I receive tons of email flyers daily for properties all over Puget Sound but this one caught my eye?

If you are looking for an office/retail space in Belltown, you may want to check this out!

Located right on the corner of 5th and Vine in the Montreux, this 565 SF space offers two separate offices, a lobby area and powder room. Although the square footage is a little small, the price is right and could be a perfect match for a startup!

- MLS #27212503
- 425 Vine Street #C
- $5000 Buyer Bonus at Closing
- Click here for more information!

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