Posts Tagged ‘Downtown Seattle’
Escala Condos in Downtown Seattle Expect 40% of Sales to be Cash Deals
Thursday, February 18th, 2010
The Seattle Times – Chris Stiebler, sales director for Escala, the luxury condo project in Downtown Seattle where home prices average $2 million, says that he has sold four units for all cash. Stiebler says that he and his colleagues expect that 40 percent of the building’s sales will come in the form of cash deals, and 60 percent will include mortgage financing, typical for the luxury end of the market. Stiebler says luxury buyers sometimes buy in cash to facilitate a quick closing. They can always seek out a mortgage or home-equity loan after the fact so that their cash isn’t completely tied up in the property. Photos of Escala Condos in Downtown Seattle.
Seaboard Building Luxury Condos in Downtown Seattle
Thursday, October 30th, 2008
The Seaboard Building, the former Northern Bank & Trust Building at Pike Street and 4th Avenue in Downtown Seattle, is a 10-story building with ground floor retail and five floors of offices. In 2001, the top four floors were renovated into 25 high-end condominiums. The kitchens are marvelous featuring Viking gas cooktops, Sub-Zero refrigerators, and Miele dishwashers.
Looking for Energy Efficient? Check out Seattle Heights Condos in Downtown Seattle
Thursday, October 30th, 2008
Energy efficient Seattle Heights condominiums, located at 2nd Avenue and Vine in the Belltown neighborhood of Downtown Seattle, is a 25- story building housing 239 condo units. Amenties are great including a 24/7 concierge, indoor pool, fitness room, hot-tub, and sauna. Seattle Heights was built in 1993.
Downtown Seattle’s Smith Tower May House Luxury Condos
Thursday, October 30th, 2008
Smith Tower, located at Yesler Way and 5th Avenue in Downtown Seattle, is a 42-story building that may house twelve luxury condos, one per floor, on the top twelve floors. The lower floors will remain office space. Currently, a three-story penthouse is at the top of the tower, the only residence in the building.
This building is so special, with an operating antique elevator and the elegant Chinese Room restaurant on the 35th floor of the tower, the same level as the observatory. The furniture and the handcarved ceiling were gifts from the Empress of China. An eight-foot wide glass dome crowns the top of the building that illuminates blue light, except for the month of December, when it is changed to green. Who built this historic landmark? Smith, the firearm and typewriter magnate. In 1914.
Downtown Seattle’s Stadium Lofts will sit atop Seattle Plumbing Building
Monday, October 20th, 2008
Love the wedge at this proposed condo development, Stadium Lofts. At Occidental and King in Downtown Seattle’s Pioneer Square district, the new concrete and glass framed condos will be built on top of an historic warehouse, the Seattle Plumbing Building. It will be 11-stories, with the residential condos beginning on 5th floor. There will be 20 single-level flats that range from 450 to 500 sq ft, one flat at 1,250 sq ft unit, and 60 two-level lofts at 750 to 900 sq ft. The top floor lofts will have private rooftop decks. Occupancy is expected in the fall of 2010 and sales should begin the first quarter of 2009.





