Exciting news came from Google on August 14th, as Puget Sound Business Journal broke the story that the search engine giant is working with Vulcan Inc. to build a fifth office building for the company in the fast-growing South Lake Union neighborhood where it already has four in construction. The new building will stand 12 stories tall and complement the “Lakefront Blocks,” which will top 607,000 square feet of office space with apartments for rent.
Read MoreAn article recently featured in NW REporter explains that “what was initially planned as downtown Seattle condominiums, and then reconceived as luxury apartments, will, in fact, be condos.” They’re referencing the SPIRE project, a 41-story tower planned near the Seattle Center, which “will encompass 352 residences with prices starting from below $450,000, according to Laconia Development.”
Read MoreWhether you are a new Seattle-area resident or have lived in the city for years, choosing a neighborhood can be a tough. Realogics Sotheby’s International Realty recently put together a list of the top five things to consider when starting a home search in the Emerald City.
Read MoreRealogics Sotheby’s International Realty recently announced that for the first time in a decade, their brokers are representing ten new multi-family for-sale condominium and townhome projects in downtown Seattle and its surrounding neighborhoods. Though project specialists admit the cycle is a mere fraction of the last one, the spur of activity has caused the firm to relaunch the UrbanCondominiums.com website and a New Developments Preview Center in Belltown at 2715 First Avenue in Seattle. These resources will help potential buyers learn more about what’s currently for sale, what’s coming next, and equip them to combat today’s competitive in-city condo market.
Read MoreA recent feature by Realogics Sotheby’s International Realty proclaims its “Seattle’s New Era of Condos,” as a new development spur is adding more new condominium projects to the city than in the last decade, the population continues to grow, residents and visitors are fueling new in-city attractions, and millennials decide to make the move from renting to homeownership. In addition to its position with the February edition of Portrait of Seattle Magazine, the condo insert was hand delivered to 1,500 broker mailboxes throughout the region, and was included in select copies of Puget Sound Business Journal, Wall Street Journal, Madison Park Times, Capitol Hill Times, Queen Anne & Magnolia Times, Magnolia News, City Living Seattle, The Monroe Monitor, Valley News, Eatonville Dispatch and Marketplace.
Read MoreThe Amazon Spheres are set to officially open to employees on January 30th, the culmination of a project five years in the making. As GeekWire reports, "the three glass orbs and the busy work around them have proven to be an intriguing element tied to Amazon's rapid growth in the city."
Read MoreA recent feature on King 5 News declares that Seattle is officially in a “condo conundrum” as the city continues to face historically low inventory amidst ever-increasing demand due to Seattle’s strong economy and job growth. Despite the fact that the city is incubating many would-be buyers within rental units, developers are overwhelmingly choosing to supply apartments for rent, in large part due to Washington state’s stringent condo policy.
Read MoreThe Seattle skyline will continue to be filled with cranes for a bit longer. Recently published in GeekWire, “A new report from the Downtown Seattle Association says the city is in the midst of a record $5 billion in current construction activity downtown.” The builders are rushing to meet demands of new residents (more than 1,000 a week) and businesses moving into the city. According to the 2017 Mid-Year Development Guide, residential work represents two-thirds of all projects underway and have 30,000 units under construction or in development.
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