Continental Place – 2125 1st Ave., Seattle, WA 98121

Address: 2125 1st Ave., Seattle, WA 98121
Neighborhood: Downtown

CONDOS FOR SALE

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DESCRIPTION

You wouldn’t know it from it’s concrete exterior, but Continental Place is one of Seattle’s classiest and most private residential high-rises with commanding sound and city views. Designed by WJA, the 33-story tower is located just a couple blocks from Pike Place Market on 1st and Blanchard. The community was awarded a 1st Place Environmental Award by the Board of Realtors and an Honor Award from the American Society of Landscape Architects (ASLA). Zena Design Group was responsible for the lobby’s renovation which included lighting, flooring, furnishings and art. In addition to extravagant Mt. Rainier, Pike Place Market and Puget Sound views, another distinct feature is this building’s 5th floor amenities which features a beautiful rooftop terrace, exercise room, full-size indoor pool, game room and meeting room.

PICTURES

BUILDING DATA

• Year Built: 1982
• Number of Units: 128
• Number of Stories: 33
• Exterior: Cement/Concrete
• Parking: Common Garage
• Pets: Subj to Restrictions
• H/O Dues Included: Cable TV, Central Hot Water, Earthquake Ins., Garbage, Water/Sewer
• Common Property Features & Amenities: Athletic Court, Cable TV, Club House, Concierge, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Room, High Speed Internet Available, Hot Tub, Lobby Entrance, Outside Entry, Pool-Indoor, Rooftop Terrace, Sauna, Security Gate

NEIGHBORHOOD BUSINESS

• Belltown Billiards
• Buffalo Deli
• Continental Furniture
• Elliott Bay Bicycles
• Gary Manuel Salon
• Frontier Room Restaurant
• Jai Thai
• Queen City Grill
• Taco del Mar
• Tune: Hi-Fi For Humans

VIEW NEIGHBORHOOD MAP

ADDITIONAL OPINIONS & REVIEWS

*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.

Open House Sun, Feb 3rd 12:00 pm – 4:00 pm

Amazon.com: 11 Buildings Totaling up to 1.6 Million Sq. Ft. of New Office and Street-Level Retail Space in SLU

This is great news for those who already have, or plan to purchase a new home in the South Lake Union neighborhood.

Be sure to check out the following condos if you’re thinking about buying.

Enso 135 luxury condominiums that are part of our 2201 Westlake mixed-use project on the corner of Westlake Avenue N. and Denny Way, scheduled to open in spring 2009
Veer Lofts 99 artistic lofts featuring open, flexible floorplans on 9th Avenue and Harrison Street, scheduled to open in summer-2008
Rollin Street 208 SoHo-style flats on the northeast corner of Denny Way and Westlake Avenue N., expected to open in spring 2009

Seattle Valentine’s Day Restaurant Schedule

∞ For phone numbers and locations, here are some favorite websites ∞

Seattle Dining

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New Proofs for Olive 8 Amenities

If you’ve been considering a purchase at Olive 8, here are some new proofs that may give you the push you’re looking for. Included are artist’s renderings of Olive 8’s restaurant, lobby, indoor pool and floorplans (including health club, spa and exclusive residential amenities.

The Restaurant at Olive 8

■ Northwest cuisine under the direction
of Grand Hyatt Chef Brent Martin
■ Featuring food suppliers dedicated
to bringing the best local
products to market
■ Traditional, simple, and
natural ingredients
■ Reasonably priced with menus
that change often
■ Cocktail lounge and bar, featuring
signature brews and great
Northwest wines
■ Modern architecture with a
comfortable atmosphere

Second Floor – 20,000-square-foot Health Club
and Spa Amenities

…more

In a continuous effort to improve its product, the proposed development continues to evolve and the builder reserves the right in its sole discretion to make changes or modications to maps, plans, specications, materials, features, and colors without notice. All oor plans, landscaping, and elevation renderings are artists’ conceptions and are not necessarily to scale. Square footage is an architectural approximation and subject to change without notice. Furnishings as depicted on plans are not included in the sales price.

New Proofs for Olive 8 Amenities cont.

Is There a Demand for Downtown Seattle Condominiums?

Apparently so. Although we’ve seen some slowing from the double digit appreciation we experienced last year, property values have shown to be consistently moving upward. Experts have awknowledged the strong buyer’s market, but have a tremendous amount of confidence that it’s all about to make a change in the other direction. We’re also noticing that many statistics reported on pendings and solds do not include new construction sales, but rather resales. With an expected 4,100 new units to be delivered by 2010, already half have sold. Here are some other critical factors about the Seattle market that should be considered despite national news headlines.

1. Economic Growth – Seattle’s job market has continued to prove market stability. Also, many jobs are located in the urban centers which has also increased a demand for housing. The city’s Growth Management Act shows that Seattle’s adopted growth targets for 2001 – 2022 will equate to 51,510 households and 92,083 jobs alone.
2. Maturing Demographics – Baby boomers are seeing a positive change in moving out of their homes in the burbs and into a condo in the city. Trends show that downtown area growth is exponentially higher than in more rural areas. We’re also seeing that those downsizing their home to move to the city often times have enough equity left over to purchase a 2nd home.
3. Transportation – Just ask anyone who lives on the eastside and commutes to Seattle for work. It’s horrendous! For some, commutes can take up to 2 hours. Downtown offers residents various ways of transportation including; the new streetcar, Flexcar, “free zone” Metro public busses, light rail (still under construction) and was also recently recognized as sixth-best walkable city.
4. Commercial Spaces – It’s estimated that more than 200,000 people commute into and out of the city daily (many of whom will seek for a new home) considering 230,000 employees and only 55,000 downtown area residents. Including pending development and current construction, Seattle has nearly 40 million square feet of office space.
5. Lifestyle – The Harris Poll shows that Seattle is America’s 3rd most favorite city to live behind New York City and San Diego. We have hundreds of yearly events, hundreds of restaurants, 51 art galleries, 52 live music venues, 32 movie screens, 7 performing arts venues, 9 performance venues, 3 professional sports venues and a variety of well-maintained parks.

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1200 Stewart Development May Be the New Home for College Club

Lexas Companies and principal John Midby (high-end mixed-use developers) have permits to develop approximately 500 residential units in two 36-story towers, which may also be the new home 98-year-old College Club. While some feel that the move for College Club will be detrimental, based on a four-year temporary relocation to the Columbia Tower, leaders of the club have expressed some excitement in a residential rather than commercial location. ESCALA already has a social club planned and current sales have been…very successful. The Puget Sound Business Journal reports that Midby could finalize the deal within the next week or two, but construction wouldn’t commence for another 4 to 5 years.

Open House Duo Sun, Jan 27th 1:00 pm to 4:00 pm

Seattle Best of Home 2008 Winner for Top Architecture

If you live in the downtown Seattle area, there’s a high probability that you already have a subscription to Seattle Magazine with this months issue on or under your coffee table. I actually came across this month’s issue walking through the airport. The word “architect” was seen within my peripheral vision and had to look at the cover closely to see the orange in the top left corner of the cover.

The best local design, architects and remodeling experts (P. 72)

Another thing to note (if you’re from out of town) is that if you live in the downtown Seattle area, architecture and development becomes an obsession. So, when you see Seattle and architecture on the same page (even you’re not even looking) getting to your departure gate can wait just 1 more minute. With our hot urban market, I knew there would be a winner for the downtown area and wanted to see if it would be a surprise. To no surprise at all, page 72 features a photo of Mosler Lofts and the Mithun staff. While other new communities may have stronger marketing strategies or a higher record of sales, Seattle Magazine awarded Mithun for their cutting-edge sustainable design. Mithun’s focus is also based on resource efficiency and urban revitalization. Seattle has become the place to be for those who are green and Mithun is certainly leading by example.

Other projects by Mithun | Architects + Designers + Planners |

| Mosler Lofts in Belltown + Brix in Capitol Hill + Gallery in Belltown + Domaine in South Lake Union + Cosmopolitan in Downtown + Stadium Center in Pioneer Square + REI Flagship Store |

As of today, there are still 16 remaining, ranging from $369,950 for a 1-bedroom to $1,395,000 for a 2-bedroom penthouse.

View Current Listings for Sale

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