Mar 4th

Escala #706 P&S SIGNED & Set to Close 3/15!!

Categories: Escala, Luxury Properties For Sale, Midtown, New Construction, Real Estate News

Finally…and patience is truly a virtue.  The tremors started back in October (when we were hoping to close the first week of January) and I have to say now, my clients have been through it all! 

The dust has settled and it seems the larger majority of the kinks have been worked out…just looking forward to a successful close and the epic outcome of all the hype the new pricing has created.  More details to follow!

Just an FYI- the individual wine cellars in the wine cave will be managed and leased by the HOA.  Cellar capacity ranges from 18-30 bottles and will lease anywhere from $225 to $300 per year- renewed annually.

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Mar 2nd

More Press! PSBJ: Escala cutting condo prices by 50 percent!

Categories: Condominiums, Escala, Featured Properties, Luxury Properties For Sale, Midtown, New Construction, Real Estate News

Escala cutting condo prices by 50 percent
Puget Sound Business Journal (Seattle) - by Kirsten Grind

Downtown Seattle condominium tower Escala will lower prices by as much as 50 percent on unsold units, the luxury building’s new marketing firm said Tuesday.

Rennie Marketing Systems and the building’s listing agent, Bellevue-based Teambuilder, declined to release price cuts on each unit, but said savings will range from 20 percent to 50 percent.

A 1,878-square-foot penthouse once priced at more than $4 million will now sell for $2.3 million, said Erik Mehr, a sales manager at Teambuilder. The building’s top-priced unit — a $12 million penthouse — is now selling for just under $7 million.

A one-bedroom, 952-square-foot condo will start at $384,000, a two-bedroom, 1,607-square-foot condo will start at $699,000 and a three-bedroom, 2,442-square-foot condo will start at $1.6 million.

Click here to read more!

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Feb 28th

1521 2nd Ave Offers Smart Car w/Each New Home Closed in March!

Categories: Condominiums, Fifteen Twenty-One, Luxury Properties For Sale, Market District, New Construction, Real Estate News

OPUS Northwest and the Fifteen Twenty-One Second Avenue development team are excited to announce their LEED “Silver” Certification. In celebration of this milestone we have partnered with Smart Center Seattle to offer a Smart Car “fortwo” with each new home closed between March 1st and May 31st 2010. Both the Smart “fortwo” and our model homes will be on display this weekend. Click here for more information!

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Feb 26th

ESCALA UPDATE! Just in…

Categories: Escala, Featured Properties, Luxury Properties For Sale, Midtown, New Construction, Real Estate News

I just received this notice from Escala!! Sales Center opens on 3/27/10…more details to follow!

Dear Ashley,

As a valued registrant, we would like to share with you details of the important changes happening at Escala Seattle. First and foremost, our pricing has been dramatically reduced. Below is a list of starting prices for our One, Two and Three Bedroom Homes.

1 BEDROOM, 1.5 BATH, 952sf Homes starting at:  $384,000
2 BEDROOM, 2 BATH, 1607sf Homes starting at: $699,000
3 BEDROOM, 2.5 BATH, 2442sf Homes staring at:  $1,574,000

In addition, we have taken a sustainable business approach to homeowner fees and services. The concept of Club Cielo, a five-star, 30,000sf club facility with outside membership, will now be available to Escala residents only. This decision has greatly reduced homeowner fees. All the while maintaining an unbelievable level of service and a greater level of security.

What does this mean to you? In place of a fully-staffed Bar, Restaurant and Spa we are moving to a User-Pay system. Whether you’re planning a private party for your 40+ guests, want to schedule a fitness trainer or masseuse on Thursday or simply want to book the screening room - all can be arranged through the concierge and Columbia Hospitality. Where costs are involved, those fees will bill directly to you instead of burdening the entire Home Owners Association. The fitness facility, resistance pools and changing rooms are always available.

There are many things that have not changed at Escala. These include access to an extensive amenity package, spacious homes with the largest decks of any downtown development and classic Seattle views. Combine all of that with Absolute-Value pricing and there is no other building like Escala in downtown Seattle.

Our sales office opens to the public on March 27th, 2010. As an early registrant, we’d like to get you in prior to the March 27th date. Call 206.816.6300 to schedule an appointment with one of our new sales professionals.

See you soon!

The Escala Seattle Team
1920 Fourth Avenue
Seattle WA  98101

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Feb 25th

Once The Alex, NOW VOLTA - Sales Gallery Open Spring 2010!

Categories: Belltown, New Construction, Real Estate News, VOLTA

We have all followed The Alex for over 2 1/2 years now and it looks like there is a light at the end of the tunnel- VOLTA

Situated on the corner of 1st and Bell (on one of my favorite stretches in Belltown)…this 9-story, 34 unit building is nearing completion with the Sales Gallery opening this coming spring.  According to the website, there are 20 different floorplans (live/work, 1bd & 2bd) to choose from and square footages range from 524SF to 1250SF.  Surprisingly, the 1 bedroom located on the NW corner looks to be the largest in the building- would be my first choice in terms of view, storage, SF and flow!  Pricing is rumored to start at $299, 950! More details to follow… 

I am glad they finally replaced the old and outdated sign with the new and improved…much better!

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Feb 22nd

Four Seasons- Price Reductions up to 47%!

Categories: Condominiums, Downtown, Four Seasons, Luxury Properties For Sale, New Construction, Real Estate News

With all the insane new construction price reductions going on right now, the Four Seasons has officially joined the club by slashing original pricing by as much as 47%! 

There are 13 units available- check out the new pricing!

Please let me know if you would like additional information or to arrange a private tour!

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Jan 20th

Just in…1521 honored with 8 more awards!

Categories: Fifteen Twenty-One, Market District, New Construction, Real Estate News

SEATTLE – Jan. 20, 2009 – Executives at OPUS NWR Development, LLC today announced that The National Association of Home Builders (NAHB) has recognized Fifteen Twenty-One Second Avenue with eight awards including a silver finalist for “Project of the Year” for 2010 – one the most prestigious honors in the national homebuilding industry. The NAHB held “The Nationals” awards ceremony on January 19, 2010 at Caesars Palace in Las Vegas. Hundreds of industry representatives and guests attended the black-tie gala, which kicks-off the annual International Builder’s Show. Fifteen Twenty-One Second Avenue was selected by a panel of judges during a three-day evaluation of more than 700 individual award entries. 

“We continue to be honored by industry peers for our collective accomplishment at Fifteen Twenty-One Second Avenue,” said Tom Parsons, senior vice president and general manager of Opus Northwest – Seattle, the managing member of OPUS NWR Development, LLC. “It’s tremendously gratifying to be singled out as a success story nationally.”

Judges awarded Fifteen Twenty-One Second Avenue with three gold honors nationally for “Best Black & White Ad,” “Best Interior Merchandizing of a Model Home over $1 Million,” and “Best Internet Marketing Campaign – Banners.” The high-rise project was also awarded with five silver honors for “Best Special Promotion,” “Best Landscaping Design,” “Best Staging of a New Home,” “Best Graphic Continuity” and “Attached Community of the Year.”

In addition to The Nationals awards, Fifteen Twenty-One Second Avenue has also been recognized with the following honors:

-The West Coast’s “Outstanding High-Rise” for 2009 as part of the Gold Nugget Awards held during the Pacific Coast Builder’s Conference in San Francisco on June 18, 2009

-The “Project of the Year” during the national Multifamily Executive Awards held in Las Vegas on October 13, 2009

-The “Multi-Family High-Rise of the Year” by NAIOP during their annual “Night of the Stars” gala held in Bellevue on November 6, 2009

-The Green Building Council rated Fifteen Twenty-One Second Avenue with a “Silver LEED” certification on December 18, 2009 – a ground-breaking accomplishment for a residential project under the City of Seattle’s new land use code

“To my knowledge, this is an industry first for a single project to earn so many awards and certifications from this many respected institutions,” said William Justen, a partner in The Justen Company, which was the project visionary and collaborated with Opus Northwest in the development of the project. “But then again, there were many firsts on Fifteen Twenty-One Second Avenue, which is in part what makes this development so unique.”

Justen says numerous pioneering attributes led to the project’s success. This includes being the first “tall and skinny” tower under downtown Seattle’s new zoning; having all larger, two-bedroom homes ranging from 1,650 sq. ft. to 3,000 sq. ft. (average 1,916 sq. ft.) and having secured protected views of the city and Elliott Bay for each of the 143 units.  

“Fifteen Twenty-One Second Avenue is inherently differentiated in our marketplace and continues to earn praise from both national judges and homebuyers alike,” said Dean Jones, President and CEO of Realogics, which represents the marketing and sales of the condo tower. “That said, the most critical endorsement is consumer validation now that two-thirds of the homes have closed with established market values.”

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Nov 12th

Brix Auction Update- 48 homes SOLD in 30 days!

Categories: Auction, Brix, Capitol Hill, Condo Auctions 09, New Construction, Real Estate News

Here are some newly released floorplans to check out…

523 sf – Open 1 bed/1 bath
Previous Price: $349,900
Release Price: $239,000
Floor Plan

519 sf – 1 bed/1 bath
Previous Price: $323,900
Release Price: $279,000
Floor Plan

823 sf – 1 bed 1.5 bath- My personal fav!
Previous Price: $469,900
Release Price: $355,000
Floor Plan

1418 sf – 2 bed + den/2bath
Previous Price: $622,000
Release Price: $489,000
Floor Plan

Click here for more availability!

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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 22nd

Fifteen Twenty-One Second Avenue Named “Project of the Year”

Categories: Fifteen Twenty-One, Luxury Properties For Sale, Market District, New Construction

OK- been a little busy, but yet again, 1521 wins ANOTHER award…

SEATTLE – Oct. 15, 2009 – Opus Northwest today announced that its Fifteen Twenty-One Second Avenue condominium development in downtown Seattle received top honors at the annual Multifamily Executive Awards Gala in Las Vegas. The 440-foot-tall tower won the 2009 Grand Award for the “Project of the Year” in the prestigious “High-Rise” category.

Over the past decade, Multifamily Executive has honored the industry’s best and brightest with its exclusive MFE Awards. The gala was attended by more than 500 people annually and attracted more than 200 entries from across the United States.

“We’re very proud of this recognition, as it substantiates the continued success of our sellout process,” said Andy Taber, Senior Real Estate Director for Opus Northwest – Seattle, who accepted the award on behalf of the entire development team. “The same week that we took home this award, we closed on our 90th sale—a solid affirmation of the truly limited opportunity to live in a widely acclaimed landmark.”

Project-of-the-year award finalists must demonstrate innovation in architecture, floor plan efficiency, suitability to a target market, creative use of materials, interior design, landscaping, creative financing solutions and the ability to work with government and community officials.

“In a truly tough economy, this year’s winners not only showcase the talent and creativity of the multifamily industry but also the business acumen to transform neighborhoods and submarkets with innovative solutions to difficult real estate sites,” said Rachel Azoff, managing editor of Multifamily Executive magazine. “Opus NW used creative construction techniques to design a luxury high-rise on an extremely tight site. Fifteen Twenty-One Second Avenue is a brilliant addition to the Seattle skyline.”

MFE Awards judges define a high-rise as a building of at least 12 stories.

Positioned a short walk from Seattle’s Pike Place Market and offering unmatched views of Puget Sound and the Olympic Mountains beyond, the 143-unit project was designed by Seattle-based architectural firm Weber Thompson and Opus Architects & Engineers, the architect of record. Realogics handles marketing and sales.

Starting at $1 million, and averaging $1.9 million per home, sales at the development constituted more than half of the top 25 residential sales closed in King County in recent months.

The Fifteen Twenty-One Second Avenue development team has been recognized with more than two dozen peer-reviewed honors for excellence in design, development, marketing and sales. Most recently the project was honored as the West Coast’s “Outstanding High-Rise” at the Pacific Coast Builders Association’s 2009 Gold Nugget Awards in San Francisco.

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