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New Construction Projects Report Increase in Activity

May 9, 2008 by  
Filed under Gallery, Olive 8, Parc, Trio

Gallery recently sold the last of their penthouses. They also told us that there has been a significant increase of interest over the last couple of weeks from people coming into their sales center. The sales representative at Trio also had an excited tone over the phone when telling me they’ve averaged more than a sale a week since April with an expected offer today. Olive 8 sold 2 of their larger units in the last week, and the Parc has sold 10 units in the last 16 days. The sales manager for the Discovery Center (ENSO, Veer Lofts, and Rollin Street) and Four Seasons was unavailable for comment.

The last few weeks of sales ratios also show in increase in sales activity for resale condos. We’re excited to see some of those buyers who were sitting on the fence to finally start making some movement. Recent data showing the future of Seattle’s urban housing shortage due to rising construction costs and developers credit crunch may be the motivator.

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Trio – 3104 Western Ave. Seattle, WA 98121

trio.jpg

Address: 3104 Western Ave., Seattle, WA 98121
Neighborhood: Belltown

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DESCRIPTION

Located in Belltown’s most northwestern neighborhood, Trio is almost within an arms reach of Seattle’s waterfront (Pier 70), Myrtle Edwards Park and the Olympic Sculpture Park. The location allows homeowners to enjoy all that Belltown has to offer including the Seattle Center and lower Queen Anne. Floorplans range from 506 to 1,302 square feet including alcoves, 1-bedrooms, 2-bedrooms and live/work lofts. Many units boasts Space Needle and/or sound views. Interiors design and finishes by Renee Marquardt and Robin Freeman of West Seattle based Two9 Design. Designer palettes offer a combination of bamboo, cork and metal materials. Amenities include a landscaped rooftop terrace and club room with pool table, flat-screen TV, fireplace and kitchenette.

PICTURES

Living Exterior Kitchen

Terrace Bath Bed

BUILDING DATA

  • Year Built: 2007
  • Number of Units: 116
  • Number of Stories: 6
  • Exterior: Metal/Vinyl
  • Parking: Common Garage
  • Pets: Subj to Restrictions
  • H/O Dues Included: Central Hot Water, Garbage
  • Common Property Features & Amenities: Cable TV, Club House, Elevator, Fire Sprinklers, Game/Rec Room, Lobby Entrance, Concierge, Rooftop Terrace

NEIGHBORHOOD BUSINESS

  • 1st Denny Market
  • Digicopy n Print
  • Minnie’s Cafe
  • Pacific Science Center
  • Rain Fitness
  • Rice N Spice
  • Sandwich Tree
  • Seattle Post Intelligencer
  • Shell FoodMart
  • Subway
  • Tini Bigs Lounge
  • Vespa Seattle
  • Watertown

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ADDITIONAL OPINIONS & REVIEWS

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*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.