urbnlivn, a seattle condo & real estate blog

Before taking off for the long weekend I missed this PSBJ article on condo incentives, Seattle condo developers try luring buyers with discounts, vacations and cars: “There has definitely been a slowdown in condo sales at all projects in Seattle,” said Mason Curran, who declined to release Vulcan’s pre-sale figures. Their pre-sale figures as of [...]

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The Seattle PI had an article on, Ada Healey, the one responsible for Paul Allen’s real estate dealings in SLU, two weeks ago (shows how often I read the paper!), Meet the quiet force behind Paul Allen’s remaking of South Lake Union: Not a city planner or urban designer, Healey earned a bachelor’s degree in [...]

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Today the New York Times has an article on Amazon’s move to South Lake Union, Amazon Consolidates in Growing Area of Seattle: If Amazon exercises all of its options, it may spend as much as $1.5 billion under a 16-year agreement to lease 11 buildings in South Lake Union, a lakefront neighborhood a little more [...]

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Friday afternoon before the Christmas holiday weekend seems like a bad time to issue a press release but I am not in PR so what do I know. From their press release: Amazon.com’s new headquarters will include up to 11 new buildings on six blocks in the heart of South Lake Union, located along Terry [...]

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Seattle Times, Compromise reached on South Lake Union plan: A majority of the council voted Wednesday to allow taller buildings on two blocks to accommodate Amazon’s expected move. In return, Vulcan will pay roughly $6.3 million to build affordable housing in South Lake Union. Bonus link: Biodiesel station to open in South Lake Union

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It’s funny, I got an email from a Microsoft recruiter today looking for product managers and I replied that I was happy at my downtown Seattle job and didn’t want to work on the Eastside. I guess I can’t use that as an excuse any more; Seattle PI Blog, Microsoft moving into Paul Allen project [...]

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Sorry for the slow posting, work is killing me. 2200 vs. Cosmo 36 vs. 65. It’s also interesting to note that there are 4 new listings at 2200 listed by John L Scott’s Jon Hunter who is working for Vulcan on Enso/Rollin/Veer. The listings all look curiously the same. Are these Vulcan owned units that [...]

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The Stranger blows open the situation at 2200, Lawsuit and Tenant Complaints Dog Vulcan in Denny Triangle. It’s a lengthy article with lots of thought provoking questions. Here’s a teaser to get you started: However, on March 26, 2007, O’Leary filed suit in King County Superior Court against the developers after a series of delays [...]

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A reader write in with the following tip: Word on the grapevine is that Vulcan will soon announce another condo bldg, maybe 8 stories, concrete&steel, to be built by REI, kinda off Eastlake (I’m thinking perhaps near Eastlake & Harrison, but unsure). They will range from 250k-750k. Sales to begin in the fall, if things [...]

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A friend sent in this tip on Whole Foods and other Vulcan complex tenants: The downtown Whole Foods Market opens at 8 a.m. Wednesday, Nov. 8, with a bread breaking ceremony; a 4- to 6-foot long baguette will be torn into, before the crowds spill into the store to sample the wares. Also opening in [...]

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