Before we toured The Wave, a new 27-story apartment building in Pioneer Square, we knew there were many things we would like. The glass and steel structure features a sea of windows. The building is steps from the new restaurants and shops that are revitalizing the historic Seattle neighborhood. And sitting in what used to be the north parking lot for CenturyLink Field, the tower is ideal for Seahawks and Sounders fanatics.
Then, we toured The Wave and found other things to like. Like Nolo, its sister property to the west, the building boasts top-notch amenities and common spaces for residents. And, like other recent residential developments from Seattle-based Pillar Properties, The Wave features quality materials and fixtures.
Now, The Wave is not for every income bracket. The rent for many of the units start at $3.00 to $3.50 per square foot. Full square footage ranges and rent starting points below.
But the price points haven’t hurt what appears to be a healthy lease up so far, according to Billy Pettit, senior vice president at Pillar. With some people renting units sight unseen, more than 45% of the 333 units have already rented and the building is not even fully complete.
“We’ve been thrilled with the response,” said Pettit.
On with the tour… At the top of the building, two lounges and a roof-top deck offer splendid views of not only CenturyLink Field but Mount Rainier, Puget Sound, Downtown Seattle, the Cascades and beyond. All of the spaces are stocked with either a large TV, full-service kitchens or an outdoor grill.
In the lower floors, residents will find an expansive private courtyard, a game room, a yoga studio, a theater with plush leather chairs, a fitness center, a dog run, p-patch, and yet another lounge.
Now let’s get to the apartments. Residents can choose from studios that are 419 square feet, open one bedrooms, traditional one bedrooms and two bedroom/two bathroom units that cover 1,232 square feet. It would be nice if some of the floor plans offered more square footage. Though, the splendid views and generous amount of light that streams in through the windows help to extend the living space.
The living rooms are lined with wood flooring, while the bedrooms are carpeted. The kitchens and bathrooms feature quartz countertops, stainless steel General Electric appliances and solid, soft-closed cabinets. And each unit has its own washer and dryer and air conditioning.
“To us, The Wave is the next wave of Pioneer Square’s development,” said Pettit.”It’s more modern, more cutting edge and the materials selected show that.”
If you’re interested, here are the square footage and price ranges…
Studio: 419 – 521 sq ft – Starting at $972-$,1770
Open 1 bedroom 589 – 748 sq ft – Starting at $1,620 – $2,330
One bedroom 632-847 sq ft – Starting at $1,840-$3,000
Two bedroom/two bath 1,051 – 1,232 sq ft – Starting at $3,085-$4,132
Parking is an additional $200 per month.