95 Condos Coming to 1121 Stewart St

RBF condo hotel big 1024x898 95 Condos Coming to 1121 Stewart St

We’re a few days late on this news, but there are 95 condos coming to 1121 Stewart St, Chinese company plans 42-story hotel-condo tower on Stewart:

RBF Property Group, which says it is based in Guangzhou, China, with an office in Seattle, recently filed plans for a hotel and 95 condos in a skinny 440-foot tower. The building will have 9,500 square feet of retail and restaurant space, and underground parking for 150 vehicles and 88 bicycle stalls.

Interesting to note that lenders are still favoring apartments considering just how many have been built:

Dean Jones, principal and owner at Realogics Sotheby’s International Realty, said most lenders still view high rise condos as a tough sell. Lenders see high-end apartments as a safer investment than condos, Jones said, and that’s why many of the condo projects planned or under construction now are financed with foreign money.

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About Matt

Matt , Urbnlivn's publisher, has a love for lofts with industrial features and new construction condos that is only eclipsed by his passion for outdoor sports and urban living. Phrases such as “polished concrete” and “exposed brick” are music to his ears. You can also find Matt on Twitter or skiing.

  • Alki Slide

    Affordable housing in Seattle? My azz!!

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