May 19th

The Olivian Apartments Hit the Market!

Categories: Apartments, Downtown, Green, New Construction, Olivian, Real Estate News, Rentals, Rollin Street, South Lake Union

Sitting across the street from Olive8 Condominiums, The Olivian Apartments (809 Olive Way) have started advertising vacancies for their 1 bedroom, 2 bedroom and 2 bedroom + den floorplans.

As of yesterday, the prices are being quoted at:

1 bedrooms: $1799 - $2552 per month (753 to 1042 SF) http://www.seattlerentals.com/11455
2 bedrooms: $2850 per month (1287 SF) http://www.seattlerentals.com/11456
2 bedroom + dens: $6000 per month (1916 SF) http://www.seattlerentals.com/11458

Here are some marketing comments:
With its monumental presence, high design and luxurious amenities, The Olivian caters to those who crave more from life. It’s easily the most anticipated luxury leasable residence to appear in downtown Seattle in years, taking high-rise living to new heights.

And with a mix of modern luxury and green living, The Olivian proves that living smarter doesn’t mean sacrificing luxury. Breathe easier with smoke-free social spaces and private places. Go green with a convenient recycling center and an optimized energy system. Enjoy dedicated parking for low-emission and fuel-efficient vehicles. Here, opulence and good conscience go hand in hand. 

Select from a variety of floor plans, all with open layouts and expansive window walls. This 27-story modern tower features luxuriously appointed two bedroom + den residences as well as exclusive penthouse residences. You choose what best fits your personality!

I have yet to tour The Olivian, but will be visiting Rollin Street Flats (a neighboring condo-to-apartment conversion) tomorrow – stay tuned!

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Dec 11th

Move over condos, apartments are catching up!

Categories: Apartments, Aspira, Downtown, Green, Market Trends, New Construction, Olivian, Property Type, Real Estate News, Rentals, Seattle Neighborhoods

A couple weeks back when I attended the IREM Forecast Breakfast, Mike Scott (from Dupre + Scott) talked a bit about the rental market and where it is heading. The topic of conversation seemed to go a little like this?

Seattle?s economy is stronger than ever, apartment vacancy rates are down and rents are still on the rise, but come 2009 we should expect to see the rental market flatten a bit due to a large amount of new construction apartments entering the marketplace.

The Seattle PI covered the topic today (and all the contributing factors) while announcing two new apartment high-rises that are well on the way.

- The Olivian will be a 27-story luxury apartment building with 224 units located at 8th & Olive?right across the street from Olive8.

- The Aspira, which was first slated as condominiums, broke ground yesterday and will soon be a 37-story apartment tower located on the corner of Stewart & Terry Ave.

Click here to read more

P.S. I am back!

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