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December 2006

November 2006

7th & Westlake

7th_and_westlake_1A new addition, 7th and Westlake, is coming soon to the Denny Triangle neighborhood revitalization project. The new neighborhood is designed to encourage a vibrant and diverse community with retail, office, residential life sciences research and public transportation.

Located near South Lake Union, the area was funded in part by a $10 million dollar donation from Paul Allen's Vulcan, Inc.  The new Whole Foods Market anchors the new neighborhood along with the condominiums of 2200, Enso, Escala Midtown and the Cosmopolitan.

The high rise on 7th and Westlake will include 184 units on 31 floors. The first 16 floors of the building will be reserved for office space and the remaining floors will be condominiums. Floors 17 through 30 will feature studios, 1 bedrooms, and 1 bedrooms plus den. The top floor will be reserved for the penthouse.

-Wendy

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2200 Grand community opening

2200_westlake2200 Westlake is having their Grand community opening Monday, Dec 4th for the public from 8.00am to 6.00pm (Westlake Ave & Denny Way).

Visitors will get to sample fresh foods in their Whole Foods Market, take a tour of their luxury hotel rooms, and enjoy special promotion offered by their merchants.

This is an event not to be missed if you are curious about Paul Allen's South Lake Union residential projects.

-Wendy

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Icon Tower

Icon_tower_1Icon Tower, a proposed 30 story condominium, will potentially be located on a triangle bound by Wall St, Denny Way and 6th Ave. If approved, construction will start late spring or early summer of 2007. The condo will feature 224 units ranging between 568 and 1,397 square feet. Icon Tower will rise up to 290 feet, will have 10 levels of underground parking, storefronts and two level of above ground parking. Read more.

-Wendy

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Cosmopolitan

Cosmopolitan_1The Cosmopolitan on 9th and Virginia is on track to be open for occupancy early 2007.  With few units other than penthouses remaining, the $100 Million project is aimed at sophisticated urbanites. The first 9 of the 33 floors of the tour will house retail space and 8 floors of parking with 270 spaces.

The 250 condos will start on the tenth floor, above one floor of amenities, which will include luxuries such as a fully equipped gym complete with Yoga and Sauna, spa, guest suite, and a business center and lounge. Cosmopolitan is designed by Mithun Architects who is also involve in Domaine and Mosler Lofts condos.

Although currently there are only Penthouses and a 2 bedroom and 2 bathroom floor plan available, the majority of the units are comprised of studios, 1 and 2 bedroom homes. The remaining 2 bedroom floor plan is priced at just over $700,000 with the penthouses selling for $950,000 to $1.9 Million. The building units boast city, mountain and lake views, stone countertops and stainless steel appliances with gas cooktops.

Pros

- Lowest residential unit starts from the tenth floor, insulating residents from the street noise.

Cons

-Further away from the downtown core area.

SCR Scorecard (Updated 04/19/07)

Exterior           Good

Interior           Good

Location        Average

Amenities      Average

Value             Good

Overall           Good

Related post:

Where is my view?

-Wendy

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Queen's Court

Queens_courtThere is a new addition to the condo scene in lower Queen Anne. Unlike most of the brand new development which is currently revitalizing the area, the condominium conversion of Queen’s Court Apartment infuses a little old into the market.

Built in the 1930’s with the details of the time; brick, marble, crown mouldings and oak, the new conversion has added to it premium finishings of today such as stainless steel appliances and fixtures. The 34 unit building is built on 3 floors in a surprisingly residential area close to Seattle Center. With a 24 hour supermarket and drugstore within easy walking distance, plenty of restaurants and the cultural attractions of Seattle Center all easily accessible, the combination of old and new world is sure to attract buyers.

On the other hand, many of the units will be faced with the ongoing construction of the building across the street, Bernard Apartments, which is being built on a lot that was formerly owned by the Seattle Center and is in the process of becoming a 6-story, 64 unit building.

Queen’s Court Condos offers a variety of studios, studios plus and 1-bedrooms with prices starting from the mid $200,000's.

Pros

-Good location

Cons

-Older building

-Most units have small bedrooms

-Wendy

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First Church Conversion- Coming soon

First_churchConverting the 1906 First Church of Christ Scientist in Capitol Hill, may not be the easiest conversion project going on in the Seattle but may be one of the more interesting. The original iconic church was built in 1906 complete with custom molding and plaster work, beautiful stained glass windows and awe inspiring exterior stone work. The church sold for $1.1MM even though the vacant lot could have fetched twice as much. The church parking lot with a smaller footprint was sold for $2.3MM.

What was important to the church members according to the church treasurer, Tom Haak, was the preservation of the site. The developers who bought the condo including Joel Lavin are eager for the challenge posed by the building. The church, which is structurally sound, will require seismic retrofitting. In order to maintain the splendor of the original building, the stained glass dome will be enclosed in a central atrium which will be visible from many of the units.

The ~18 condos will be enclosed within the the existing structure surrounding the dome with the addition of clear windows. With an emphasis on preservation, some of the original white-oak pews will be used as doors, trim and benches for breakfast nooks. The marketing for the new condominium project is being handled by Thompson Team Real Estate Group, who note the community involvement in the projection including the use of focus groups in the designing process.

How do you feel about living in a church?

Latest post on First Church.

-Wendy

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