Million dollar cashmere: Four Seasons condos
The Four Seasons Hotel, an ultra-luxury premier hotel and condo tower is coming to the heart of downtown. Located at First and Union, the prestigious 310,000-square-foot mixed-use development will feature 114 guestrooms and 36 condominium suites. Each guestroom will have its own fireplace. The hotel will be near the world-famous Pike Place Market, the financial district, and downtown shopping.
Four Seasons will provide a wide range of services to the development's luxury condominiums. The 110,000 square feet of condominium space under the Four Seasons brand promises to become one of the most favored addresses in the city. The condominiums will offer high-quality amenities combined with a level of service that is probably unsurpassed in the Seattle market. The 21-story building won't be finished until 2008.
The high-rise homes will feature top-end appliances (e.g., Miele appliances, electronic window shades, built-in espresso machines), luxurious finishes, and stunning views of Elliott Bay and the Olympic Mountains. Interiors of the residential homes will be designed by Susan Marinello, who has also designed other prominent projects, including One Lincoln Tower in downtown Bellevue.
Units currently available are going for an average of $2,100 a square foot. Home ranges from 1,300 square feet to 3,200 square feet. There are only 20 units left for sale.
• One bedroom's start at $2,125,000 and go up to $2,885,000,
• Two bedroom homes start at $4,250,000 to $7,180,000.
• Three bedroom residences are between $8,360,000 and $9,450,000.
• 2-level penthouse residences – prices not available
By comparison, Hotel 1000/Madison Tower was selling for an average of $825 per square foot. The median price for a unit at Madison Tower is $1.05 million.
If you are looking for a premier property with world class hotel services for your personal enjoyment and you have the budget, you are not going to be disappointed by Four Seasons.
• Architecture firm NBBJ
• Contractor - Crutcher Lewis
• Interior designeer- Susan Marinello
Where exactly is Four Seasons? Check out this webcam that I originally found from Matt at urbnlivn.
Latest post on Four Seasons.
Technorati Tags: Seattle private residences, Four Seasons hote/condo, Four Seasons Condo, Four Seasons residential condo, Seattle premier condo, Seattle luxury condo, Premier condo in Seattle, 1st and Union condo, Madison Tower, Hotel 1000
$2100 a square foot?
That is simply crazy. I was from new york. Currently, the highest end luxury condo, new constructions:
Cipriani Residenes http://www.ciprianiresidences.com/ Comes fully furnished with high end italian furniture. Right on wall street. Even Bruce Willis bought there. The long list amenities that puts any condo development into shame. It is also designed by much well known high end "Starchitects". Average price, about $1500 a sqaure foot.
The urban glass house http://www.urbanglasshouse.com/ Architecture by Phillip Johnson, the most famous of all architects (who practically invented glass houses), right in the hottest Greenwich village. Average price, about $1500 a square foot.
While New York, currently manhattan is about $1000 a square foot. These high end condos is only at 50% premium.
In Seattle, even in Belltown, the average currently is $500 a square foot, if counting rest of seattle the average would be much lower.
So what makes these four season places worth that much premium at over 300%?
Posted by: Former New Yorker | Jul 17, 2006 2:42:02 PM
Hm, i have never been in Seattle, it seems to be great! But i remember i was last summer in Cyprus Four Seasons, i found there a lot of space in rooms, fabulous ocean, great weather. I dreamed always to go to Cyprus and it came true.
Posted by: Jess | Aug 10, 2006 3:17:37 AM