Pioneer Square Board Gives the OK On 25 Story Apartment Building

If you’ve heard, the rumors are true; the city board, who has been in charge of keeping the historic presentation of Pioneer Square alive, cast their votes and approved the modern sleek design of a 25-story apartment high rise just north of the Sodo stadiums. The all glass and steel tower will be sectioned into 2-4 story boxes, that will be positioned at varying angles. The building is part of a larger project named Stadium Place, in what previously was the North Parking Lot of Century Link Field.

Photo Courtesy of the Seattle Times, ZGF Architects

 

The collaborative developers Daniels Real Estate and R.D. Merril presented the design back in December, and were met with mixed reviews, some stating that the design was far too modern to fit in with the historical appeal of Pioneer Square. But most members of the Pioneer Square Preservation Board actually had positive reviews of the design, and were all in agreeance with the new construction. The “South Tower” would be just a little shorter than the stadium, at 240 feet tall, and will have 333 units. Other projects are in the planning stages for the first phase of Stadium Place, such as a 20 story condo tower, and an office and hotel tower as well. For more information on these apartments, visit the Seattle Times.

Buying a Home Might Not Get Much Cheaper

Many renters today are choosing to put off buying a home for several reasons, statistics show that buying a home might not get any cheaper than it is right now. Experts say that 2012 may bet the last year for buyers to take advantage of the weak housing market and foreclosure influx. According to CNN Money, home prices are down 34% Nationally from 2006, and mortgage rates are at an all time low, making it the best year yet to find the bargain deal of a lifetime.

Economists with PNC Financial Services believe that home prices will flatten out by the third quarter of this year, and might begin to climb at the beginning of next year. There are several indicators that the housing market is picking up like the decline in foreclosures, and continued job growth nationwide, and buyers will have more access to affordable mortgages as they build their credit scores. While some prospective buyers who have been wary might be more willing to follow through because of the all-time low mortgage rates and lower home values, some renters still aren’t in a position to take the next step and will ultimately miss the grace period. For more information on the housing market, click here.

For Rent: Luxury Belltown Condo With Sweeping Views

Are you looking for a luxury rental in the heart of downtown Seattle?  Perhaps you’d like to live on the Seattle waterfront at Pike Place market?  If so, we have the perfect rental for you.  This two bedroom, one and a half bathroom condo is located in the legendary Pike and Virginia Building offering breathtaking views of Elliot Bay, Mt. Rainier, the Olympic Mountains and downtown Seattle waterfront from the floor to ceiling windows.  The unit features a gorgeous marble bathroom, a French country kitchen and a spiral staircase leading to the loft-style bedroom.  Residents will enjoy superb restaurants, shopping, entertainment and everything downtown Seattle has to offer, all just a short walk away.  This unit is available for rent for $6,700/mo.  Please contact the Ewing & Clark Madison Park office for more information.  To search for more Seattle luxury rentals, please visit our online property search. 

Status: For Rent
Beds/Bath: 2/1.5
List Price: $6,700

Only One Unit Left in the Art Stable!

There is only one unit left for sale in the Tom Kundig designed Art Stable in the South Lake Union neighborhood! Check out this listing, along with others for sale/lease, that the folks over at Urbnlivn have compiled.

Two Downtown Seattle Rentals- AVAILABLE

Ewing & Clark has two one bedroom rentals currently available at the Newmark Tower. One of the rentals is a completely remodeled  condo unit of the 23rd floor, south facing with beautiful view of Downtown Seattle and partial view of Puget Sound. Floor to ceiling windows to allow natural light all day long. Enjoy the view from the Juliet deck or from either the living room or bedroom. Parking and storage included with rent. The second unit is a 1 bedroom + den on the 7th floor. Building amenities include: 24 hour concierge and security, indoor pool, business center, fitness center, hot tub, sauna, and common deck. One block away from the Pike Place Market. To learn more information about these properties, please contact Ridge Marshall.

Stylish Loft in Pioneer Square – AVAILABLE

True loft in beautifully restored warehouse building located in Pioneer Square. This one of a kind Pioneer Square loft features soaring 11ft ceilings, wood plank floors, pivot windows, exposed brick and wide open spaces. Chef’s kitchen with granite counters, stainless steel appliances, gas range, and large island. Zoned Live/Work for residential or business use. A rare opportunity to live in a loft in historical Pioneer Square. Secure underground parking included. Please follow the links to find full listing details and photos of the home or search other Seattle luxury rentals.

Status: For Rent
Bed/Bath 1/1.75
List Price: $2,850/mo