Oct
27th
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.Â
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.
Jun
28th
Categories: Ava, Downtown, New Construction, Occupancy 2010, Real Estate News
Here is the latest from Lacie Doman, the Marketing Manager of AVA Hotel & Residences:
PROJECT SCHEDULE
With our Master Use Permit now in hand, the AVA development team is in the final design and entitlement process. As we prepare to submit for the final building permits from the City of Seattle, we continue to work closely with our contractor to secure the best possible construction pricing for our future owners. We anticipate receiving final project costing and entitlements by the second quarter of 2009, and will be in position at that time to finalize the construction schedule and occupancy date.
PRIVATE PREVIEW APPOINTMENTS
Later this summer, private preview appointments will be available for all interested homebuyers to tour the sales center. You will be among the first to preview the contemporary and sophisticated design palettes which have been custom created for AVA as well as explore home décor options. The sales center is located at the corner of 8th Avenue and Olive Way, just one block away from the AVA site (open by appointment only).
PRIORITY RESERVATION OPPORTUNITY
New homebuyers will be invited to entertain a Priority Agreement, which provides a preferred opportunity to select from the new release of homes once they are officially released for sale next year. Priority Agreements are offered in exchange for a fully refundable deposit of $10,000 and are a convenient way to secure your purchase position with preferred selection and introductory prices.
Click here to read more on AVA Hotel & Residences!
Feb
18th
Categories: Ava, Condominiums, Real Estate News
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AVA | retail district
New condo tower debuts at ?State of Downtown? event
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AVA will feature an outdoor heated pool and lounge deck with cabanas for entertaining.
AVA, a new high-rise condo development, is another step closer to being fully realized.
The development team recently received its Master Use Development Permit with the unanimous support of the Seattle Design Review Board. A new building model was showcased yesterday at the Downtown Seattle Association’s “State of Downtown” event that was attended by members of the media, downtown stakeholders, and local and state government, including Governor Christine Gregoire.
With development milestones progressing quickly, the AVA sales team is planning to begin private preview appointments at the new AVA sales center beginning in March. Open by appointment only for the time being, the sales center will feature a scale model of the tower, interior model vignettes of the kitchen and bathroom, floor plans, views, finishes and other exhibits that will assist buyers in visualizing their new home at AVA.
Last fall, a number of homebuyers were treated to a sneak preview of AVA and subsequently took advantage of the first opportunity to reserve a new home. Virtually all the inventory that was initially released by the developer was quickly reserved.
With the opening of the sales center and the release of new inventory, the next wave of
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homebuyers will have the same opportunity to secure reservations of their own by contacting the sales team for a private appointment to tour the sales center.
“With the (Master Use Development Permit) approval, we can now release homes higher in the building,” says Firoz Lalji, principal of FANA Group of Companies, co-developer of AVA. “We are excited to introduce this new inventory to new registrants who did not have the chance to reserve last fall.”
Located in downtown Seattle’s Retail District, AVA residents get to experience a thriving, bustling neighborhood right outside their front door. They’ll be within walking distance of some of the city’s finest shopping, dining, and cultural attractions, including Barneys New York, Ruth’s Chris Steak House and The Paramount Theater.
AVA is just a few blocks from the onramps of Interstate 5. It is also near the soon-to-be-completed light rail station, which will offer shuttles to Seattle-Tacoma International airport. Also located just down the street, the new South Lake Union Streetcar stop now carries riders from Pacific Place/Westlake up to Lake Union.
This full-service development will offer downtown’s only outdoor heated pool and lounge areas, complete with private cabanas for entertaining. The building will also include a state-of-the-art fitness facility,
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a full-service day spa, a complete business center, a media/board room and a rooftop, residents-only SkyLounge with panoramic views. Additionally, the ground level will feature contemporary dining in a 4,000-square-foot destination restaurant and lounge.
The homes feature interior design schemes from the award-winning firm Garret Cord Werner, LLC. Based on the concept of “Zen living in the zing of downtown,” this exclusive collection of 243 residences and estates is a tranquil, in-city retreat high above the vibrancy of the city below.
Fans of www.seattlecondo
review.com recently voted AVA as “Seattle’s Best Looking New Project.” Not surprisingly, the iconic building was designed by the award-winning architectural firm of Weber + Thompson, noted for designing the first “tall and slender” tower envisioned by the Mayor’s new Center City Plan.
In addition to being architecturally attractive, AVA is also environmentally conscious. This project is utilizing sustainable design and construction practices and technologies; upon completion, it will apply to become a LEED-certified “green” building seeking silver status. LEED is a registered trademark of the U.S. Green Building Council.
The homes at AVA feature expansive ceiling heights and floor-to-ceiling windows that showcase views of the city, mountains, Elliott Bay and Lake Union. The Residences range in size from 550 to just about 1,600 square feet, while The Estates range from 1,350 to more than 1,900 square feet. Penthouse opportunities and the combination of larger home plans are also available.
“We have worked very hard on delivering exciting interior home design and efficient space planning to the future residents of AVA,” says Salim Sayani of The Executive Group, AVA’s co-developer. “Our high-profile location will deliver a one-of-a-kind experience for its residents.”
AVA is on schedule to break ground later this year with first occupancy in early 2011.
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View these homes
Sales center will be open by appointment only in March at 720 Olive Way in downtown Seattle?s Retail District. The public sales debut is planned for mid-2008.
Prices
From the low $300,000s to more than $5 million.
Developer
8th and Pine Partners, LLC.
Information
206-374-7800 or www.liveatava.com.
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Oct
2nd
Categories: Ava, Condominiums, Downtown, New Construction, Occupancy 2010, Real Estate News
39 stories tall in the fabulous 8th and Pine location, AVA will feature 190 hotel rooms on the first 17 floors and approximately 200 private residences starting on the 18th. There has been a few articles issued within the last week but it has been reported that The Executive Group and the Fana Group will spend $200 million to build AVA. (Click here to read more)
“AVA brings together the details that save time and make life easier, whether it’s the luxury of dining in, relaxing at the spa, entertaining at poolside cabanas or at AVA’s restaurant, hosting meetings, working at home, or just working out,” said Salim Sayani of The Executive Group. (Click here to read more)
Basic details:
- 8th & Pine
- 39 stories / 445 feet tall
- 190 hotel suites
- Approximately 200 condominiums starting on the 18th floor
- Heated outdoor pool and lounge, full service fitness facility and spa, roof top Skylounge, - business center, conference rooms and a 4,000 square foot restaurant and lounge.
- Weber+Thompson Architects
- Realogics & Windermere Onsite
- Completion 2010
- Sales events will start this fall at the sales center location- 8th Ave & Olive Street
- Prices starting in the low $400,000 - $5M+
Register for more information on the AVA website!
Jun
12th
Categories: Ava, Belltown, Downtown, Escala, Featured Properties, Mosler Lofts, New Construction, One Hotel & Residences, Real Estate News, The Gallery
Here are some of the articles that came out last Saturday in the Downtown Living section of the Seattle Times/Seattle PI:
