How Many New Apartments Can Seattle Handle?

Screen Shot 2015-08-27 at 10.38.40 AM

Alright. Can we talk about the apartment scene for a moment? Is there a chance we are delivering too many units? Over-building apartments in Seattle? The DJC reported this morning that H5 Capitol, a Beverly Hills firm is proposing a (2) two 42 story apartment project located at 121 Boren St (see above). This new project would feature 420 units in each tower - with 700 … [Read more...]

3 Most Expensive Highrise Rentals In Seattle

Olive_8_Penthouse_1

Looking for a luxury Seattle condo rental?  We've put together a list of the 3 most expensive condo/apartment rentals in the city. 1) Four Seasons Private Residences  Unit #1201  – Downtown Seattle Asking Price – $9,500 per month Size: 4,131 | Per square foot: $4.56 Bedroom: 2 | Bathroom: 2.5 This 12th floor condo at the Four Seasons has been listed as high as … [Read more...]

2200 Westlake’s New Neighbor, 2101 9th Breaks Ground

Screen Shot 2015-06-09 at 5.40.37 PM

We had a client meeting today at Insignia and while walking through South Lake Union/Denny Triangle, we noticed how quickly the developer is moving on 2200 Westlake's new neighbor - 2101 9th Ave. The 41 story apartment tower is going to add 430 units to the Denny/Westlake corridor. The new tower located at 9th and Lenora, will join Cirrus (see below) - another massive … [Read more...]

Downtown Seattle Condos Selling Quickly, Over 100% Of Asking Price

Great Views

In the last 14 days, there were 26 sales in the downtown Seattle condo market. 16 of those 26 sales sold at or above the asking price. To be exact, sellers were receiving over 100% of their asking price on average (100.95%). 14 of the 26 sales sold in less than 10 days. To put that in perspective, in a normal market, inventory levels would reach about 2-3 months of supply. … [Read more...]

Royal Crest

Built in 1974

ROYAL CREST Architect: Driscoll Architects Neighborhood: Belltown 2100 3rd Ave, Seattle, Wa 98121 LOCATION Royal Crest is located in the vibrant Belltown neighborhood. SEARCH      BUILDING Royal Crest is a 128-unit, 26-story steel and concrete high-rise condo located in Belltown at 3rd and Lenora. Royal Crest features ground floor retail , parking on the 2nd and 3rd … [Read more...]