Jun
10
2008
Escala, a condominium tower now under construction in the heart of Midtown, recently reached a milestone as more than 50 percent of its Premier Sales Release has been sold. More than $6 million in sales were recorded in the last month alone, resulting in an Encore Sales Release happening now.
     Escala developer John Midby of LEXAS Companies says the new inventory actually represents the last near-term opportunity for new condominiums in downtown Seattle, given the reported 95 percent drop in new construction deliveries anticipated by 2010.
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Apr
07
2008
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
29
2008
The development team of ESCALA, the 31-story mixed-use luxury condominium project in downtown Seattle’s Midtown district, celebrated a construction milestone this week as the building rose above street level.
The eight floors of underground parking at ESCALA are complete and the ground floor of the project has been poured. The crew is currently pouring the mezzanine level and will next start work on the second-story level to be fully occupied by the private city club Club Cielo. The construction rate will proceed at a little over a week per floor for the residential units after Club Cielo’s level is complete.
“This is a major milestone for ESCALA and urban living in Seattle Continue Reading »
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Mar
18
2008
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
17
2008
There is a free downtown condo tour so potential buyers can see the latest new developments and conversions that are or will be available in the Seattle Condo market. They are also providing participants with a complementary shuttle service to take you from one sales center to the next.
Buyers should put their realtors name on the sign-in forms, so they can be represented and have a realtor of their choosing to represent them. Many projects have restrictions on your realtor representing you if you did not include their name on the first visit and registering is a way for them to monitor this.Â
The Seattle Condo tour provided me with this press release:
Fisher Communications is proud to announce that the Seattle Condo Tour is back and Continue Reading »
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Mar
14
2008
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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Feb
29
2008
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
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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