Madison Park Rental: 3,100

2040

This fabulous two bedroom one bathroom waterfront condo located in the Madison Park neighborhood is available for rent! This unit has been completely remodeled and now features new stainless steel appliances, marble countertops, a spacious living area, and an extensive deck. This Seattle rental offers many attractions within close proximity, such as: local shops and restaurants, bus lines, parks, the beach and much more. It also offers covered parking, a washer and dryer inside the unit, and rent includes most monthly cost such as utilities and basic cable.  In addition, if you are a boat owner ask about the availability of a boat slip.

Please inquire with Kristine Losh if you want to learn more about this tremendous Seattle rental.

Status For Rent
Bed/Bath 2/1
Price $3,100/month

Western Avenue Condo For Sale: $314,000

This lovely condo on Western Avenue, located at The Vine is located is close proximity to the Pike Place Market,  the Olympic Sculpture Park, and other shops and restaurants downtown. Built in 2002, the building was structured to include modern amenities in all units, including granite counter tops, stainless steel appliances, and a gas stove and fireplace; not to mention the 150 sf deck overlooking the Sound, and out to West Seattle!

This 1 bed 1 bath unit has beautiful huge windows over looking the city and Sound, and a great little build out in the kitchen separating the space from the living room. The building amenities include a 24 hr concierge, garage parking,  a fitness room, and ample storage space. For more information on unit or others in the Seattle area contact Ewing & Clark Inc.

Status: For Sale
Bed/Bath: 1,1
Price: $314,000

Bosa Starting Construction Soon On 2 Condo Towers

photo courtesy of the Daily Journal of Commerce

Bosa Development Corp is planning on beginning the first construction phase of a gigantic condo project within the next two weeks. There will be two 41-story, 335 unit condo towers in the Denny Triangle Regade, just a block or so away from where Amazon plans to build three office towers. According to the Daily Journal of Commerce Bosa’s president Natale Bosa said “construction will be done in two phases on a  full block site between Battery and Bell streets and Fifth and Sixths avenues.”

The construction plans include 36,000 sf of retail space below the two towers, a swimming pool, lounge area and exercise room, and 900 parking stalls. The project will cost roughly $350-$400 million, and the first tower is scheduled to open at the end of 2014. If the market turns around, and the first tower fills, the second tower will begin. The is the first condo development to be built downtown in five years! For more information, visit the Seattle Times.

Downtown Seattle Condos Starting to Fill Up

Downtown Seattle Penthouse Condo Available

The past two years have not been promising for the Seattle Condo Market, and condo developers are finally starting to see a turn around in the Downtown area. According to the Seattle Times, roughly two dozen new projects were at work between 2007-2010 during big the real-estate crash. Many of those who bought the pre-sale backed out and several developers ended up converting their buildings to rental units to cater to the economy. Those who stuck it out had to slash prices, and in many cases had to lower the costs by up to 40 percent.

Today the market is starting to look more appealing and beginning to have the first signs that it will bounce back. A few good indicators include Escala raising  some of their prices; one of the largest downtown projects to date, Escala did so quietly, with the majority of their condo units selling for 99% of the asking price, they’ve begun upping the anty as their inventory gets smaller. Also of the 2,500 condo projects that have been built in downtown and surrounding areas, fewer than 250 units is left unsold. There are currently no new projects in place; most developers and lenders have put condos on hold to allow the market to recuperate. If you’re interested in learning more about finding a condo in the Seattle area, here is a list of available units.

Four Seasons Glass Panels Fall

After several incidents of falling glass panes, a general contractor for the Four Seasons Hotel and Private Residences building in downtown Seattle is removing the remaining pieces of glass that line the residence balconies. On Sunday, the piece fell onto a glass awning over the sidewalk. The awning cracked but didn’t break, and no one was harmed. There are 300 glass panels in the building that will be removed. In the meantime, the building’s owners will work on a new railing concept for the residence balconies. For more information, see the full Seattle Times article.

Open House at The Art Stable

The Art StableThere will be an open house at The Art Stable, Tuesday, May 3rd from 11 AM to 1 PM.    Only two condos are left in this award winning building building designed by iconic architect Tom Kundig.

Both units are shells giving you the ability to create your own dramatic and custom space. Floor to ceiling windows take in vistas of Downtown, Olympic Mountains, and Queen Anne Hill as well as the colorful urban fabric of vibrant South Lake Union neighborhood.

The commercially zoning allows the units to be used as live work spaces.  Click to read more about the 6th floor condo and 4th floor condo or come by the open house tomorrow to see the condos in person.

In addition, look for a more thorough blog about The Art Stable in the coming days.