Archive for the 'New Construction' Category

Apr 07 2008

Stadium Lofts update

Stadium lofts which will add many residents to the stadium area has been taken over by a new developer.  The Seattle times has a excellent article about the progress.  One issue in building near the stadium is the noise caused by night events.  I have represented buyers and condo owners selling in the stadium area and they commented Continue Reading »


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Mar 21 2008

Light Rail Update

East rail from Seattle to Bellevue

In a project update from the city this month for the proposed East Link project,  which would connect the light rail from downtown Seattle to the Eastside the Sound Transit board is reviewing options on the content and timing of a future Ballard measure.
Why are they doing this,  well they believe we will have an additional 1.2 million more residents by 2030.  I wonder where all these new residents are going to live.  Continue Reading »


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Mar 18 2008

Seattle condo AVA Update

There was a email sent to me today from the Ava sales team informing me that the Executive Group and Fana Development Group received the Master Use Development Permit with unanimous support of the Seattle Design Review Board for Continue Reading »


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Mar 14 2008

Price guarantee offered by several Seattle condo builders

Rumor is that some  builders in the Seattle and Bellevue area are offering price guarantees for units in their buildings.  I wanted to find out exactly how this worked so I contacted the Trio Sales center to find out right from the source.  The Trio is located at Denny and Western where Belltown, Queen Anne and the waterfront converge.  I was informed this is how the guarantee works:  Continue Reading »


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Mar 13 2008

How lucky can you get buying a Seattle condo?

Children’s Hospital in Seattle is looking into expanding.  The only problem is land is not available,  so what the solution.  The solution is buy a condominium complex and potentially use the site for the expansion.  But how do you get those condo owners to sell their condos.  Well you offer them Continue Reading »


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Mar 07 2008

Limiting Investors or Owners who lease in Seattle condos

Seattle Cosmopolitan Condo in Seattle 

During a Cosmopolitan condo yearly board meeting the topic of setting a limit on the amount of owners who may rent out there unit at any giving time surfaced.  This was suggested so the building could stay within conforming loan guidelines and make the property more marketable.   Many times developers indicate they limit the amount of buyers who can purchase an unit for investment purposes.  This might only prevent the buyer from renting their unit for one year because of loan guidelines.  One thing to consider Continue Reading »


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Feb 29 2008

New Seattle condo construction webcam view

Published by Michael Kass under New Construction

The construction of the condominium at 1918 eight right next to the cosmopolitan building can be viewed on a webcam installed.  This provides a good view of how a building actually is erected.


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Jan 17 2008

South facing cosmopolitan owners views gone

The Owners in the Cosmopolitan building are in for another surprise.  That is if you live on the south side of the building and your unit is in the vicinity of the 21th or so floor.  The building going up to the south has asked  Seattle City planning for a modification to the building.

 The plans were modified after the purchase and sale agreements were signed by the buyer and many had no notification of this proposal.

The original building was suppose to be  a 14 story high office building which reaches about the 20th or 21st floor with components on the roof.  With the new proposal it might reach about the 21st or 22nd floor.


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