urbnlivn, a seattle condo & real estate blog

Word on the street is that the 1 Hotel + Residences hole in the ground at 2nd and Pine is going to be filled in and turned into a parking lot.
I stopped by after work and there is definitely still a big hole. It’ll take some work to fill it in.
Popularity: 11% [?]

Popularity: 11% [?]

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The Seattle Times is reporting that 1 Hotel has changed hands, Developer of stalled 1 Hotel sells out to partner Starwood:

After an eight-year campaign to redevelop a half-block site at Second Avenue and Pine Street, Portland developer Paul Brenneke has sold his interest in the downtown Seattle property to Starwood Capital Group of Greenwich, Conn.

No [...]

Popularity: 12% [?]

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If they ever build the 1 Hotel and Residences in Seattle (DC’s is apparently well underway) it looks like penthouse unit #2204 is going to be spectacular.
Recently reader Mark sent me a link to Hensel Design Studios which has a presentation on the interiors of #2204 (Flash | PowerPoint.)
Some highlights…
10,350 interior square feet, 3,340 exterior [...]

Popularity: 12% [?]

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As the dead hard readers noticed a missed a number of days blogging recently. It likely had something to do with work.
Speaking of which, I recently added a module that shows the latest Seattle condos over on the right. Interesting? Not interesting? What improvements would you make? (I’d like to see the thumbnail but [...]

Popularity: 22% [?]

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Alrighty, no more buying the paper on Super Bowl weekend. Here’s the re-cap of ads in this past weekend’s Sunday Seattle Times:
1 Hotel Residences: Grand opening coming soon. Now selling. Occupancy 2010. It’s a lifestyle many desire but only a fortunate few will call their own.
1521: Occupancy 2008. Final purchase opportunity happening now. Call [...]

Popularity: 99% [?]

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What is going on with 1 Hotel and Residences these days?
For one (no pun intended) I noticed they added 9 units to the MLS so we can all rubber neck: Redfin search. The cheapest unit is #1213. $559,000 for 692 square feet or $802/sq. ft. The most expensive is #2202 at close to $12 [...]

Popularity: 10% [?]

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http://www.1residences.com/
I just wasted a bunch of time looking at places I can’t afford. Maybe you’ll do the same.
Popularity: 7% [?]

Popularity: 7% [?]

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I should have read my Sunday New York Times before posting last night as there was an article in the business section about 1, Starwood’s Founder Makes a New Splash:

The first “1” hotel and condominium is scheduled to open in 2009 in downtown Seattle, a city that as of last year had 23 certified “green” [...]

Popularity: 6% [?]

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Last Tuesday I was invited to the launching of 1.

It shouldn’t have come as a surprise but I was impressed that all the publicists knew who I was without me having to introduce myself. It also shouldn’t have come as a surprise that I’d be under dressed in jeans and an un-tucked shirt (I [...]

Popularity: 8% [?]

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The Seattle Times has an article looking at condo hotels, specifically, 1 (worst name ever), Owning a hotel room for pleasure, profit:

He’ll make a down payment of $240,000, and get a 30-year loan with a 6.88 percent interest rate for the rest, with a monthly mortgage payment of $2,366, not including property tax, insurance and [...]

Popularity: 8% [?]

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