8th and Pine has a new name. The new condo/hotel construction project set for completion in 2009 is now called AVA. With the new name, comes an apparent change in the project itself. Since I last reported, the tower seems have shrunk from 45 to 38 floors. The number of condos on the other hand seems to have grown from 180 to 211. "The Residences" (as the condos will be dubbed), are expected to range in size from 700 to over 2,000 square feet.
In addition there will be an 8,000+ sq ft penthouse. Prices for the units will range from the low $400K to $5MM. Condos will be graced with European inspired interiors, high ceilings, balconies and air-conditioning. At the same time, residents will be able to take advantage of the luxury hotel amenities which will include a heated outdoor swimming pool, a fitness club and a "signature" restaurant.
Those who want the luxuries of the hotel experience such as housekeeping, valet parking and in-suite catering will find it at AVA. Views from some of the units will be to the water, while others will be city views of adjacent buildings. The hotel itself will be run by Executive Hotels, a non-chain manager of luxury hotels.
Here are some questions that I asked Dean, President and CEO of Realogics, a marketing company for AVA and several other condos in Seattle.