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Olive 8 – Your chance to own a piece of “The Sky”

January 4, 2011 by  
Filed under Uncategorized


Realogics Sotheby’s International Realty became Olive 8’s new listing agent on January 1st, and it is open for business!  Dubbed “The Sky Collection”, up for sale at Olive 8 are homes located from the 27th floor and up. Tap on this Olive 8 link to check out a five-minute video with author and syndicated columnist Tom Kelly.  He examines the new condominium development market in Seattle, specifically focusing on this exciting property.  

The video also refers to the amount of new condominium homes available in the Seattle area, and below is a copy of the graph as referenced by Dean Jones, Principal and Owner of Realogics Sotheby’s. 

Courtesy of Realogics Sotheby's International Realty

Courtesy of Realogics Sotheby's International Realty

Note the amount of available condominiums in orange, in comparison to the number of condominiums that were converted to apartments (apartment conversions) in green. As a result, Olive 8 represents 25% of the available new condo market.*

Olive 8 is a 39-story luxury hotel/condominium building on the corner of Olive Street and 8th Avenue in downtown Seattle. Atop 17 floors occupied by the Hyatt at Olive 8 hotel, it includes one-bedroom and two-bedroom luxury view homes, plus three world-class penthouses. Your new home at Olive 8 will boast panoramic views and high-end touches, combined with world-class hotel amenities and services. Better still are special privileges for homeowners including private elevators and controlled access, a 24-hour concierge, a private residential club lounge and discounted rates at Elaia Spa.

olive-8-condo-200x300Fans of green living are in for a delightful surprise with Olive 8, the first hotel/ condominium building in Seattle to receive an LEED Certification (Silver)!   Its green roof, one of the largest in Seattle, provides an urban habitat for birds, bees and butterflies while reducing storm water runoff to city sewers. Olive 8’s dedication to the environment also results in 36% less water usage (approx savings of 2.4 million gallons annually) and 23% less power usage.  

Olive 8’s environmental stewardship also reaches far beyond its walls. It was the first Seattle building to participate in King County’s Transfer of Development Rights program. In exchange for building higher, developer R.C. Hedreen Company contributed nearly $1 million to preserve 284 acres on Sugarloaf Mountain in rural King County, as well as vital salmon habitat.

We’re busy retooling our own websites for the new Olive 8 opportunities.  In the meantime, you can stay in touch on the latest Olive 8 news, or schedule a private tour with us by contacting this Stroupe Group link.   

*Units are identified as being sold as a non-refundable earnest money deposit (pending) or closed.  Please note that title reports are often late with real time information and often show fewer homes sold than actual. 

Open House: Sunday, December 5, 2010

December 3, 2010 by  
Filed under Uncategorized


Open 1-4 pm

Concord – 2929 1st Avenue, Unit 600


Mls: 133731


Situated on the NW corner of the Concord, this unit boasts exceptional unobstructed views of Olympic Sculpture Park, Elliott Bay, Olympic Mountains and Alki point. This bright unit features maple cabinets, slab granite counters, stainless steel appliances, gas cooking, new hardwoods and A/C.  The Concord features concierge service, fitness center, spa, terraces and a business suite.  All of this, in the heart of Belltown!

Hosted by James Stroupe– (206) 910-5000, 


Beep, Bzzt: Electric Car news (and a test drive, too)

November 7, 2010 by  
Filed under Uncategorized


Nissan’s first zero-emission, all-electric car, the Nissan LEAF, will be hitting Seattle streets in December. And where will you plug them in?  In August 2009, a $99.8 million goverment grant to Electric Transportation Engineering Corporation (eTec) was awarded to set up electric car networks in five cities nationwide. Seattle’s portion will be used to set up around 2,550 charging systems, enabling drivers to use electric vehicles throughout the region with the security of knowing a charging station is nearby.  AND, under this program, LEAF buyers will also be offered a free 220-volt charging station for home use, similar to the power level you’d use to run your dryer.