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

Realogics Sotheby’s International Realty became Olive 8’s new listing agent on January 1^st, and it is open for business!  Dubbed “The Sky Collection”, up for sale at Olive 8 are homes located from the 27^th 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. 

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 8^th 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.

Fans 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. 

1200 Stewart – 1200 Stewart St., Seattle, WA 98101

Status: Proposed: 2011
Neighborhood: Downtown

CONDOS FOR SALE

Here you can find all active listings at 1200 Stewart. If your dream condo is not listed, sign-up to be instantly notified by email.

Sign-Up to receive an instant email notification of new 1200 Stewart condos for sale as soon as they hit the market. Membership also includes a monthly review of all activity for this building.

DESCRIPTION

1200 Stewart is slated for two 40-story mixed-use towers, including residential, hotel and street level retail. The building will be LEED silver certified and is being designed by Thoryk Architecture and Scalter Partners Architects.

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.

Civic Square – 601 4th Ave., Seattle, WA 98104

Status: Proposed: 2012
Neighborhood: Downtown

CONDOS FOR SALE

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

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

DESCRIPTION

The Seattle Civic Square project is an innovative, ground-breaking project with a major public civic space, mixed use tower and various structures. The design is a collaboration between Foster + Partners of London, Atelier Dreiseitl of Germany and GGLO.  More than half of the site will be an open air plaza that is easily accessible to the public, oriented for sun and warmth, with links between indoor and outdoor spaces. The plaza is designed to attract the public throughout the day and into the evening. The outlying structures, combined with an amphitheater and multiple seating areas, will help draw people to the plaza for activities. A new entrance to the light rail and transit station on Third Avenue will provide a direct link into the plaza spaces.  The Square’s 500+ foot main structure will be located on the north edge of the site so that it enhances public and pedestrian life in the open space. Building uses will include commercial, office, retail and residential. Parking will be located under the plaza. The project has the ambitious aim of achieving a LEED Gold rating.

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.

Rollin Street – 120 Westlake Avenue North, Seattle, WA 98109

Address: 120 Westlake Ave. N., Seattle, WA 98109
Neighborhood: South Lake Union/Denny Triangle

CONDOS FOR SALE

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

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

DESCRIPTION

Rollin Street Flats is one of three projects by Vulcan located on the corner of Westlake and Denny.  These loft homes have nearly no interior walls and most units have up to 10′ high ceilings.*  Interior finishes include German Eggersmann cabinetry, stone surfaces, crushed quartz kitchen counter tops, high-grade hardwoods, Bosch appliances, Kohler fixtures, air-conditioning, and decks.  A unique amenity at Rollin Street Flats is the integration of a multi-use sport court for basketball, volleyball, or badminton. The 4th floor deck has a grilling area, party seating and fireplace.  Built by Howard S. Wright Construction Co. and designed by loft experts Ankrom Moisan, the 11-story building has been built to achieve LEED Silver certification with key features being water conserving fixtures, dual-flash toilets, and drought resistant landscaping.

PICTURES

VIDEO

BUILDING DATA

• Year Built: 2009
• Number of Units: 208
• Number of Stories: 11
• Exterior: Brick, 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: Basketball Court, Cable TV, Community Room, Disabled Access, Elevator, Exercise Room, Fire Sprinklers, Lobby Entrance, Outdoor Terrace, Sport Court

NEIGHBORHOOD BUSINESS

• Autosport Seattle
• City Limits DVD
• Ducky’s Office Furniture
• Elephant Car Wash
• Glenn Richards
• Hurricane Cafe
• Jones Soda Seattle
• KEXP 90.3 FM
• Laadla Cuisine of India
• Seattle Wine Storage
• Subway
• Whole Foods Market

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.

LEED-Certified Condos Yeild Higher Return

The new generation of buyers are demanding green built features when shopping for their first home, even though it can cost them up to 25% more. Builders are now being forced to make the additional up front investment in construction costs (averaging 2%), but Wikipedia states that they will eventually yield over 10 times that amount over the life cycle of the building. Additionally, developers receive additional incentives from state/local government that help boost press and public interest. Studies also show that LEED-certified buildings average $11.24 more per square foot, and have a 3.8% higher occupancy than non-LEED built homes.

So what is LEED-Certified?

Developed and administered by the U.S. Green Building Council of Washington D.C. (a nonprofit coalition of building industry leaders), The Leadership in Energy and Environmental Design (LEED)™ uses a rating system which offers 4 levels of certification — Certified, Silver, Gold and Platinum. Each certification is designed to represent an “environmentally responsible, profitable and healthy place to live” by measuring building sustainability.

Each level is measured by points in five design categories: sustainable sites, water efficiency, energy and atmosphere, materials and resources, and indoor environmental quality. The higher the level, the higher the expenditure. However, LEED-certified buildings:

• Lower operating costs and increased asset value.
• Reduce waste sent to landfills.
• Conserve energy and water.
• Healthier and safer for occupants.
• Reduce harmful greenhouse gas emissions.
• Qualify for tax rebates, zoning allowances and other incentives in hundreds of cities.
• Demonstrate an owner’s commitment to environmental stewardship and social responsibility.

Here’s a look at what downtown area projects have been, or are striving to be LEED-certified:

2200 Westlake
5th and Madison
AVA
ENSO
ESCALA
Fifteen Twenty-One
Lumen
Mosler Lofts
Olive 8
Veer Lofts

It is surprising that many of the new construction projects haven’t applied for any level of LEED-certification considering that it’s proven to increase sale prices and occupancy. At the same time, an up front investment of 2% for a builder can be quite a bit.

Green Home Checklist
Green Homes 101

While reports on the Internet support that buyers will pay more for a LEED-certified home, and builders will yield higher profits, I’ve had experience where buyers are actually turned off by the idea of having recycled materials integrated into their home’s interior.  Buyer’s also seem to prefer to get more square feet for their dollar rather than a smaller green built home.  What would you do if you could get a new construction 2 bedroom condo for the same price as LEED-certified 1 bedroom?

Fifteen Twenty-One – 1521 2nd Ave., Seattle, WA 98101

Address: 1521 2nd Ave., Seattle, WA 98101
Neighborhood: Downtown

CONDOS FOR SALE

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

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

DESCRIPTION

Designed by Weber + Thompson Architects, and developed by William Justen, 1521 is a 38-story luxury high-rise located on 2nd between Pike and Pine Street. Each floor is designed to only accommodate 3 to 5 homes ranging from 1,659 to 2,958 square feet with exclusive interiors designed by Susan Marinello. The building also boasts protected water views over Pike Place Market with floorplans designed to maximize view potential. In addition to achieving LEED Silver status, the project also features high technological, engineering, and space-planning standards. Amenities include a porte-cochere, rooftop terrace, fitness center, yoga/pilates studio and playroom for children. Original pricing started at $1 million to more than $9 million.

PICTURES

BUILDING DATA

• Year Built: 2009
• Number of Units: 143
• Number of Stories: 38
• Exterior: Cement/Concrete, Metal/Vinyl
• 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: Cable TV, Children’s Playroom, Club House, Concierge, Disabled Access, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Room, High Speed Internet Available, Lobby Entrance, Porte-Cochere, Security Gate

NEIGHBORHOOD BUSINESS

• Benaroya Music Hall
• Genghis Khan
• Green Room
• Happy Gifts
• Liberty Loans
• OK Grocery
• Only in Seattle
• Osaka Grill & Teriyaki
• Pike Place Market
• Showbox Theater
• Subway
• Tropical Deli
• Westlake Mall

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.

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

ENSO – 820 Blanchard St., Seattle, WA 98121

Address: 820 Blanchard St., Seattle, WA 98121
Neighborhood: Denny Triangle

CONDOS FOR SALE

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

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

DESCRIPTION

ENSO is a more commercial environment and different than many other developments in the Denny Triangle area (there are two distinct entrances… the residential lobby is entered off of Blanchard and the Commercial Lobby is entered off Westlake). This Vulcan community is comprised of a 19-story residential tower and adjoining 16 floor commercial building. Sellen Construction has developed ENSO community directly across the street from 2200 Westlake’s Whole Foods only steps away from the street car. The concrete and steel building is LEED certified featuring energy efficient heat and cooling pumps from water that is heated and cooled by the association via a central system, dual-flush Toto Aquia toilets, low-flow Kohler shower heads and concrete countertops. Designed by Callison Architects and Interior Designers, German cabinetry by Eggersmann, local artisan concrete countertops, sandblasted glass tile backsplashes and Bosch stainless steel appliances are featured in all 135 kitchens (top three floors have optional Miele Appliances). Each home also has Lunada Bay hand poured tile, Eggersmann cabinetry, floating vanity, built in linen closets (remove) ability to upgrade to california closets and the choice of a large shower or huge soaking tub in each bathroom.

PICTURES

VIDEO

BUILDING DATA

• Year Built: 2009
• Number of Units: 135
• Number of Stories: 19
• Exterior: Cement/Concrete, Metal/Vinyl
• Parking: Common Garage
• Pets: Subj to Restrictions
• H/O Dues Included: Central Hot Water, Earthquake Ins., Garbage, Water/Sewer
• Common Property Features & Amenities: Community Room, Disabled Access, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, Guest Suite, Lobby Entrance, Lounge Areas, Rooftop Terrace

NEIGHBORHOOD BUSINESS

• Autosport Seattle
• City Limits DVD
• Ducky’s Office Furniture
• Elephant Car Wash
• Glenn Richards
• Hurricane Cafe
• Jones Soda Seattle
• KEXP 90.3 FM
• Laadla Cuisine of India
• Seattle Wine Storage
• Subway
• Whole Foods Market

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.

Veer Lofts – 401 9th Ave., Seattle, WA 98109

Address: 401 9th Ave., Seattle, WA 98109
Neighborhood: South Lake Union

CONDOS FOR SALE

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

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

DESCRIPTION

Developed by Vulcan Real Estate, Veer Lofts was designed by experts in lofts; Johnson Architects. Homes offer volumes of open space and marketing encourages buyers to personalize thier homes by becoming a weekend regular Home Depot. Constructed by Walsh Construction, the LEED Certified community features drought tolerant landscaping, water conserving fixtures, natural day lighting with walls almost entirely made of glass and recycled building materials. Floorplans range from 624 to 1067 square feet with some having their own private outdoor balcony. Veer Lofts is located across the street from South Lake Union Streetcar line, the Westlake Whole Foods and just a few blocks away from everything else downtown has to offer.

PICTURES

VIDEO

BUILDING DATA

• Year Built: 2008
• Number of Units: 99
• Number of Stories: 6
• Exterior: Cement/Concrete, Metal/Vinyl
• Parking: Common Garage
• Pets: Subj to Restrictions
• H/O Dues Included: Earthquake Ins., Garbage, Water/Sewer
• Common Property Features & Amenities: Bocce Ball Court, Elevator, Fire Sprinklers, Lobby Entrance, Retail, Rooftop Terrace

NEIGHBORHOOD BUSINESS

• 13 Coins
• Alpha-Cine
• Beba’s A Deli
• City Limits DVD
• Cornish College
• Gordon Woodside/John Braseth
• Seattle Piano Gallery
• Seattle Times
• Seattle Wine Storage
• Slo Joe’s Bigtime Backyard BBQ
• Subway
• Whole Foods Market

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.

2200 Westlake – 2200 Westlake, Seattle, WA 98121

Address: 2200 Westlake, Seattle, WA 98121
Neighborhood: Denny Triangle/South Lake Union

CONDOS FOR SALE

Here you can find all active listings at 2200 Westlake Landings. If your dream condo is not listed, sign-up to be instantly notified by email.

Sign-Up to receive an instant email notification of new 2200 Westlake condos for sale as soon as they hit the market. Membership also includes a monthly review of all activity for this building.

DESCRIPTION

550,000 square-foot three tower project including an upscale 47,000 square foot Whole Foods grocery store, a five-star Pan Pacific hotel, luxury spa and Marazul Asian Latino restaurant mainly serving the Denny Triangle and South Lake Union neighborhoods. Homes feature open-living spaces, premium kitchens and spacious balconies. The tallest tower featuring the hotel (ARIA) stands 18 stories with only 33 private residences between the 12th and 18th floor. The ARIA building’s lobby was designed by award-winning Hirsch Bedner Associates Interior Design. The southern tower (ARTE) features a two-level lobby, artwork by local artist Betsy Eby and stands 15 stories with 126 units. This tower also includes resident party room, 18-person theater, guest suite, wet bar and pool table. The western tower (AZUR) is where you’ll find resident fitness center and rooftop terrace. AZUR stands 12 stories and has 102 units. The goal of this complex is to provide a lifestyle of convenience with luxury hotel services and doorstep access to the South Lake Union streetcar. Homes originally priced from below $300,000 to over $2 million.

PICTURES

BUILDING DATA

• Year Built: 2006
• Number of Units: 261
• Number of Stories: 18, 15 and 12
• Exterior: Cement/Concrete
• Parking: Common Garage, Individual Garage
• Pets: Subj to Restrictions
• H/O Dues Included: Central Hot Water, Earthquake Ins., Garbage, Water/Sewer
• Common Property Features & Amenities: Cable TV, Disabled Access, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Room, High Speed Internet Available, Hot Tub, Lobby Entrance, Sauna, Security Gate, Theater, Guest Suite

NEIGHBORHOOD

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.

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