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Ten Twelve First Ave – Only $438/sf

By September 5, 2008

Ten Twelve First Ave

1012 1st Ave #3001 just popped up the other day. Put your check book with $1.75 million away, they won’t be ready until 2011. Now what’s odd is that until it hit the MLS no one appeared to know about it and know everyone is talking about it.

Ten Twelve First Avenue is downtown’s newest hotel/condominium high rise soaring 25 stories above street level & offering approximately 290 hotel suites & 25 exclusive luxury condominiums. Special pre-sale pricing! Be the first to own one of the two 30th floor penthouse shells featuring 4000 SF of phenomenal un-chartered views of the city & sound. The desirable 1st Avenue location, exquisite building design by Ismael Leyva Architects and limited presale opportunity is a one of a kind!

Now is $438/square foot a good deal for a shell in a hotel/condo project in downtown Seattle?

If you look at the buildings immediate neighbors finished luxury units are going for $780/sf to $1500/sf. What’s the range of build out costs?

And is the architect Pb Elemental or Ismael Leyva Architects (Levya is listed on the yet another twin tower, Heron and Pagoda project.)

Oh, and if you bought a million dollar unit with north facing views at Hotel 1000 / Madison Tower. Sucks to be you.

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