There were two offers submitted for the 1.1 acre site at 1431 2nd Ave N, one of which was proposed by Lorig for $7.5 million with plans to construct approximately 30 Victorian-style townhomes at the old Queen Anne High School gym site.

The real estate development and management firm, plans to start construction upon closing on the property in the fall of 2009 and complete the project a year later. According to Ron English, the district’s deputy general counsel and property manager, Seattle Public Schools will be considering the purchase and sale agreement on May 7th and should be finalized in July of this year.

Lorig originally converted the old Queen Anne High School into apartments, restored The Victoria, a 1920’s apartment building into condos in 1998 and are currently developing 200 West Highland (now selling from $1.3M to $4M!) …click here to read more!

This Saturday and Sunday, don?t forget to drop by the 2007 Seattle Urban Condo Tour at Fisher Plaza! The two day event is FREE and will give you the opportunity to tour 20 of the newest condo projects in Seattle.

There will also be seminars that will cover topics on securing financing, adding value to your condo, agent secrets and what our cityscape/economy will look like in 2011.

Some of the properties that are participating:

For more information, visit the official website!

The Queen Anne High School Condominiums will be featured on Evening Magazine tonight at 7pm. If you have not yet visited the project, tonight’s coverage will include the history, recent renovation/conversion and final sale offerings.

The last phase of studios and town homes in the Industrial Arts Building (1950) have just been released, and there are still a few flats, lofts and town homes available in the main building (1909).

I recommend checking it out if you are looking to purchase in Queen Anne or you just want to experience a bit of Seattle?s history!

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