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Trophy Tower

May 30, 2008 by  
Filed under Howell, Pb Elemental, Trophy Tower

Status: Proposed: 2013
Neighborhood: Downtown

CONDOS FOR SALE

Here you can find all active listings at Trophy Tower. If your dream condo is not listed, sign-up to be instantly notified by email.

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DESCRIPTION

43-story tower at Court Place and Howell Street in the Denny Triangle. Only be 19-units priced from $2-$18 million.  Amenities will include a rooftop deck, spa, 24-hour concierge, housekeeping and a chauffeur service.

ADDITIONAL OPINIONS & REVIEWS

emporis seattle condo review stroupe blog entries

*Data is deemed to be reliable, but not guaranteed. In some cases, number of units may include commercial and residential spaces and/or height may or may not include a 13th floor.

Smith Tower – 506 2nd Avenue, Seattle, WA 98104

Status: Proposed: 2010
Neighborhood: Pioneer Square/Downtown

CONDOS FOR SALE

Here you can find all active listings at Smith Tower. If your dream condo is not listed, sign-up to be instantly notified by email.

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Sign-Up to receive an instant email notification of new Smith Tower condos for sale as soon as they hit the market. Membership also includes a monthly review of all activity for this building.

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DESCRIPTION

The Smith Tower is one of the world’s first skyscrapers, hailed in an agog Seattle and elsewhere as the tallest office building in the world outside New York City.  The proposal is to convert the commercial space on the top 12 floors to 12 luxurious condominiums.

ADDITIONAL OPINIONS & REVIEWS

seattle condos and lofts biz journals emporis nwsource urbnlivn seattle condo review stroupe blog entries

*Data is deemed to be reliable, but not guaranteed. In some cases, number of units may include commercial and residential spaces and/or height may or may not include a 13th floor.

Eleven Eleven East Pike Update

Eleven Eleven Rendering smallEleven Eleven East Pike is really taking shape in its Pike/Pine triangle neighborhood of Capitol Hill. Each unit will be flooded with natural light from a wide expanse of north or south facing windows. And beyond are fantastic views of the Pike/Pine streetscape, as well as the Space Needle, downtown Seattle, Elliott Bay and the Olympic mountain range. Eleven Eleven East Pike is the brainchild of Tom Kundig, award-winning architect and principal at Olson Sundberg Kundig Allen, and Anne Michelson, long-time Capitol Hill resident, business owner, property manager, building owner and developer. It will be completed this fall.

Exterior shot of Eleven Eleven East Pike. Notice the large windows and modern roof line, as well as the tree being carefully protected during construction.

exterior

Residents will benefit from a lot of natural light streaming in from the over-sized north and south facing windows.

window

This is the view looking west from the shared rooftop terrace, which will be wired for a gas grill.

view

Condo King County Weekly Sales Ratios for May. 21st, 2008

Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle)

sales ratios for may 21st

your odds for may 21st

Another Proposed Condo Tower Postponed

May 22, 2008 by  
Filed under 1 Hotel, Insignia Towers, Puget Sound Region

pause buttonAnother developer is being reported in the Seattle P.I. as putting off construction of another expected high-rise due to a market slowdown. It seems as though every week, sidelined buyers are limiting thier choices to what to choose from by not making any offers. Both the European Tower in Bellevue, and Insignia Towers development in Belltown have officially announced their reason for delay as a result of a market slowdown. 1 Hotel has announced a delay in construction so they can redesign the project to make it more appealing to lenders.

Again, this brings up an issue of rising rental rates and population boom.

An underlying message the media and many industry professionals are trying desparately to share is that if projects continue to be delayed, and our job market continues to bring more people to the northwest, a limited amount of real estate investments will become virtually unaffordable for picky buyers who think prices will go down any further.

ESCALA still plans to increase their prices by 3 to 7 percent on June 5th, and many Realtors are telling more and more of their sellers to be patient rather than accepting low-balled offers.

The “no more beating around the bush” message is; BUY, BUY, BUY!

70th Annual First Citizen Award Honoring Paul Allen

May 22, 2008 by  
Filed under South Lake Union, Vulcan Real Estate

sheraton banquet roomOn Thursday, October 30th, the Seattle-King County Association of Realtors will be honoring Paul Allen for his “unwavering commitment to nonprofit organizations in the Pacific Northwest and lifetime giving approaching $1 billion.” The co-founder of Microsoft and chairman of Vulcan, Inc. has influenced our region to be one of the most desired places in the country to live and work.

The gala banquet will be held at the Sheraton Seattle Hotel on 6th Avenue. Tickets are $125 per person, or $1,100 for a table of 10. You can register here, or come back to our blog and find a link on the right of our page under “Events.”

paul allen portraitAllen’s contributions include:

  • Donated $18 million to build a new library addition at the University of Washington.
  • Created the Kenneth S. Allen Library Endowment Fund
  • Lead donors to the Seattle Public Library Foundation and contributed $22.5 million toward the construction of the new downtown library.
  • Donated $5 million to establish the Faye G. Allen Center for Visual Arts.
  • Launched foundations to focus specifically on the arts, medical research, and broad range of health and human service needs.
  • Formed The Paul G. Allen Family Foundation, consolidating six previous foundations; The Allen Foundation for the Arts, The Paul G. Allen Charitable Foundation, The Paul G. Allen Foundation for Medical Research, The Paul G. Allen Forest Protection Foundation, The Allen Foundation for Music, and The Paul G. Allen Virtual Education Foundation.
  • Awarded grants to nearly 1,600 diverse nonprofit groups to support and advance their critical charitable endeavors in the Pacific Northwest.
  • Founder and chairman of Vulcan Inc. and chairman of Charter Communications.
  • Funded SpaceShipOne which was the first privately-funded effort to successfully put a civilian in suborbital space and winer of the Ansari X-Prize competition.
  • Owner of the Seattle Seahawks NFL and Portland Trail Blazers NBA franchises, and is part of the primary ownership group for Seattle’s new Major League Soccer team.
  • Currently active in the redevelopment of more than 60 acres in the South Lake Union neighborhood.
  • Founder of the Experience Museum and Hall of Fame, as well as with Vulcan Productions.
  • Commited to $100 million in seed money dedicated to brain research and unveiled the creation of the Allen Institute for Brain Science in Seattle.

Allen is bar far one of the most deserving recipients of the First Citizen award! Learn more about Paul Allen and his contributions by information compiled by the Seattle-King County Association of Realtors.

“The best advice I’ve received came many years ago from my father. He told me that you should love whatever work you do, you should try to find something you truly enjoy. And I’ve been lucky through the years that the work I’ve been involved with has been challenging and for the most part, fun.”

- Paul Allen

Madison Lofts Preview

May 21, 2008 by  
Filed under Madison Lofts, MJR Development

madison lofts exteriorIt’s not “downtown,” but Madison Lofts is close enough that it deserves some attention for those looking for a quality built loft. While rubbing elbows with those involved in yesterday’s guided tour, one of the hosts referred to the project as a “treehouse for executives.” A perfect analogy considering it’s on a green belt, located across the street from a nursery, near the the Arboretum, and only a mile and a half away from Seattle’s urban core. Mike McClure (representing MJR Development) and David Patterson (representing MNID) also commented on the location being one of Madison Lofts best features. Karen Graf, who poured the wine from Brian Carter Cellars, favorite feature was the huge decks. Another Realtor at the event was impressed with the Daikin split-type air conditioners. Michael Harris from Miller Condominium Marketing favored the solid concrete and steel construction which is built to the specs of a 35-story tower. A couple other highlights include Sub-Zero and Wolf kitchen appliances, padded carpets, and “true” loft feel. Many have commented on how Madison Lofts reminds them of Mosler Lofts.

Here’s a few shots:

Right across the street from Madison Lofts is City People’s Garden Store, and a block south is the infamous Cafe Flora.

madison lofts

Unit #207 is where the event was hosted. This shot was taken from the upstairs portion of the home, looking down into the main living space. You can see how green the landscape is just beyond the huge wrap-around deck. Available for $1.4 million.

madison lofts unit 207

Wikipedia should use this photo as their example image of a loft. The staircase on the left leads to a spacious rooftop terrace which features an open view of Seattle’s eastern hillside.

madison lofts 300 level unit

Full bath at the entrance of unit #207.

Newest Private Club in Seattle Announces Co-Chairs

May 19, 2008 by  
Filed under ESCALA, Social Club

Club Cielo, the first new private club to open in Seattle in more than two decades, today welcomed Ken and Cathi Hatch as founding co-chairs of the advisory committee. The 25,000-square-foot club will be a key feature of the luxurious ESCALA condominium project now under construction at Fourth Avenue and Virginia Street in Seattle’s Midtown district.

As founding co-chairs of Club Cielo, prominent community members Ken and Cathi Hatch will help share the excitement about the club’s programs and offerings through their business and social networks, and will contribute ideas for club events.

Managed by Seattle-based Columbia Hospitality, Inc., Club Cielo will be a private club for social gatherings as well as a place of wellness and relaxation for homeowners, their guests and other club members.

Cathi Hatch is the founder, president and chief executive officer of ZINO Society, LLC, an angel investment organization connecting accredited investors with entrepreneurs seeking funding while promoting camaraderie in the business world. For more than 30 years, Cathi has served in executive management and as a consultant for restaurant operations and concept developments. She has also served in leadership positions for a number of community boards. Cathi currently serves on two public company boards and the Board of Trustees of PONCHO, as well as the boards of the Pacific Northwest Ballet, YMCA, PACE (Performing Arts Center Eastside) and the United Way of King County.

Ken Hatch is CEO of Hatch Enterprises, Inc., which he founded in 1997 to provide organizational and communications consulting for corporations in transition or crisis. With a career in management in all segments of broadcasting, Ken served as a senior executive overseeing operations in Seattle, Dallas, Kansas City, New York City and Chicago, among other cities. From 1980 to 1995, he served as chairman, president and chief executive officer of KIRO, Inc., located in Seattle.

“We are honored to have both Ken and Cathi involved with Club Cielo,” said John Oppenheimer, CEO and president of Columbia Hospitality. “We believe we’re creating something truly extraordinary, a lasting legacy for our region.”

Club Cielo will occupy the entire second floor of ESCALA and will feature a spa and fitness center with two stationary lap pools, steam rooms, massage therapy, treatment rooms, exercise classes and personal trainers. Club members will have access to a private dining room and bar as well as an exclusive wine cave with controlled-climate wine storage. A select number of memberships will be available to non-homeowners.

“We are delighted to be part of this wonderful new opportunity for Seattle,” said Cathi Hatch. “It’s been a long time since we’ve had a new private club downtown, and Club Cielo is already proving to be just the type of venue we’ve been waiting for, with signature dining and a stone-laden wine cave and spa.”

New Grocery Store on 3rd and Pike

May 16, 2008 by  
Filed under MISC

kress renderingMany of you have heard about the new grocery store that is planned to open early this spring on 3rd and Pike, but have been unsure of it’s exact location. It is a little hidden and can be easily unnoticed when walking down Pike Street. Therefore, while taking pictures of another building for our newsletter on this beautiful day, I snapped a quick photo for those of you who are still wondering. It’s just south of the Starbucks on the corner across the street from Walgreens and Ross.

Photos of Bellevue Towers Topping Off

May 16, 2008 by  
Filed under Bellevue Towers

Although the Eastside isn’t our primary focus, condos and high-rise towers are. Therefore, we couldn’t help but to share these impressive photos of Bellevue Tower we received from Nyhus. Even though nobody from our team was able to make it, an Account Executive with Nyhus provided us with a couple of highlights from the event.

More than 40 people attended the topping out event yesterday, including buyers, Mayor Degginger and members of the development team.

When our guests arrived at the 43rd floor, Scott Eaton, Principal with Gerding Edlen Development, developer of Bellevue Towers, thanked everyone for coming. In his welcome, Eaton recognized the development team for their leadership in bringing this project to life and he thanked the future residents in attendance, who he said are the early adopters of a new lifestyle option–living in downtown Bellevue. It is a lifestyle Eaton predicted will only become more popular as downtown Bellevue continues to grow. Eaton said Eastside community leaders showed they had great vision when they recognized the opportunity to create a great residential neighborhood, expanding upon the city’s success in focusing on office and retail uses for so many years. He talked about the comprehensive, community visioning process for downtown a few years ago, which led to the establishment of an entertainment district well as zoning changes allowing for ambitious, creative new developments, all of which is furthering Bellevue’s emergence as a real city.

Eaton then introduced Bellevue Mayor Grant Degginger, who he thanked for helping to steward Bellevue’s success. Mayor Degginger talked about the excitement that is being generated by all the development happening in Bellevue, and he credited Bellevue Towers’ future homeowners for being a part of the city’s downtown transformation.

Then, on a signal from Eaton, the north tower crane operator flew in the final bucket of concrete, which the project team released into the forms for the final slab on the top floor and glasses were raised for a champagne toast. Many guests lingered; taking in the view, chatting with their neighbors and members of the project team, and signing their names in the fresh concrete. Following the topping out ceremony, guests were treated to a special tour to see interior finishes going into some of the units that will be ready for occupancy in November 2008.

Photos

…guests gathering on the top floor of the South Tower for the event.

bellevue towers topping off one

…bucket of concrete being flown in by the north tower crane operator.

bellevue topping off two

Gerding Edlen Development Principal Scott Eaton recognizing the development team and thanking the future Bellevue Towers homeowners, who he called the early adopters of a new lifestyle option, that of living in downtown Bellevue, which he predicted would only grow in popularity as Bellevue grows.

bellevue towers topping off three

Mayor Grant Degginger making a short speech about the bright future for downtown Bellevue, which continues to attract investment, jobs and residents, making it a thriving city.

bellevue towers topping off four

Bellevue Towers will be home to 540 eco-luxury residences, a Purple Café and Wine Bar and other restaurants.  Other amenities include a 25,000 square foot urban garden, a private screening room, a large dining room with terrace and kitchen, a fitness center, a spa and sun deck, and a library and great room that open to an expansive outdoor terrace and fireplace.  Additionally, each building will have its own 24-hour concierge service.  Bellevue Towers is seeking LEED Gold certification for environmental sustainability and is the tallest residential-only development in the region.  It is also the only local project to be developed by the national leader in green buildings, Gerding Edlen Development.  More information is available online at www.BellevueTowers.com.

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