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Hoodrat
May 25, 2006, 11:31 PM
Bellevue should seriously consider raising thier hieght limits.

That mass of blocky midrises is not very attractive. I love the density, but that model is rather uninspired.

DowntownBoy
May 30, 2006, 3:07 AM
Wow... Bellevue sure has tons going on... Maybe I should move back. :)

WolverineFan
May 31, 2006, 1:14 AM
Okay.... Here is Washington Square as of May 4th....
http://i77.photobucket.com/albums/j73/RandyLucas425/WS5.jpg

and here is Washington Square as of today... May 30th....
http://i77.photobucket.com/albums/j73/RandyLucas425/WS3.jpg

northface
May 31, 2006, 2:21 AM
starting to go up!!

horatio_the_hermit
May 31, 2006, 3:10 AM
notice the hole developing at the 1020 site.

northface
May 31, 2006, 3:48 AM
i cant see it!! its A small pic!

WolverineFan
May 31, 2006, 6:23 AM
Here is a bigger picture of Washington Square as of 5-30-06....
http://i77.photobucket.com/albums/j73/RandyLucas425/WS3.jpg

WolverineFan
May 31, 2006, 6:24 AM
or not....

WolverineFan
May 31, 2006, 6:25 AM
One more time....
http://i77.photobucket.com/albums/j73/RandyLucas425/WS3.jpg

WolverineFan
May 31, 2006, 6:26 AM
Sorry.... Can't seem to get this picture any larger....

WolverineFan
Jun 3, 2006, 11:48 PM
Here is a picture (poor quality, sorry) of Washington Square looking South. This is from the parking lot on the north side of N.E. 10th.

http://i77.photobucket.com/albums/j73/RandyLucas425/f7ac6896.jpg

James Bond Agent 007
Jun 16, 2006, 2:40 AM
Is it my imagination, or have they not done any work on this project in about a week or more???

^
It looks about the same as that pic above, from 2 weeks ago.

WolverineFan
Jun 16, 2006, 4:40 AM
Yes, they're still working on it...hehe Here is a picture I took today.

http://i77.photobucket.com/albums/j73/RandyLucas425/DSC00027.jpg

James Bond Agent 007
Jun 16, 2006, 4:56 AM
^
Yeah, but not much.

I go by there basically every weekday and for the past week or so it hardly looks different at all.

When I go by there it's usually 5:30pm or so, and I haven't seen anyone on the jobsite this past week. I'm wanting to think it's because I go by there after they're done working for the day, but before this week I usually saw at least some people there when I went by at about the same time.

So it has me wondering.

WolverineFan
Jun 16, 2006, 5:36 AM
Well, they are working on the townhouses, plus the base of the condo. It isn't as impressive as adding a 20 story elevator core, but be patient, I think once they get up to the 4th or 5th floor and can concentrate on just the condo itself, it will go up quicker.....

revrw
Jun 16, 2006, 5:56 AM
I love all of the great development that is going on in Bellevue, but the thing I hate the most is the lack of pedestrian friendly streets in the downtown. Does anyone know if they have any plans to solve this problem? For God sakes.......please add some pocket parks and/or tree lined blvds. Something.....anything!

MrVandelay
Jun 16, 2006, 4:31 PM
I love all of the great development that is going on in Bellevue, but the thing I hate the most is the lack of pedestrian friendly streets in the downtown. Does anyone know if they have any plans to solve this problem? For God sakes.......please add some pocket parks and/or tree lined blvds. Something.....anything!

I agree with you! I think that all the time when I walk around downtown bellevue. I also think it would be nice if there were more sidewalk facing commercial stores, rather than inside the building or in the traditional 'park a car in front' strip mall style. There are quite a few of those downtown.

There is a downtown development plan made in Spring 2005, that seemed to address the people friendly issue, but as I'm watching new development take place, I'm not too sure Bellevue seems to be following their own plan. See the following two links...

Part 1 (mostly north end of downtown)
http://www.ci.bellevue.wa.us/departments/Development/pdf/Sketch%20Book,%20Low%20Res2.pdf

Part 2 (mostly south end of downtown)
http://www.ci.bellevue.wa.us/departments/Development/pdf/Sketch%20Book,%20Low%20Res4.pdf

mhays
Jun 16, 2006, 6:26 PM
Most development in the last couple decades has been pedestrian friendly.

Stores shouldn't line all streets -- just selected shopping streets, with others having retail as-needed. Even in the world's densest cities there just isn't call for that much retail, aside from major shopping districts. Bellevue will never have the density to support pedestrian-oriented retail on anything but a fraction of its streets.

Skian
Jun 16, 2006, 6:49 PM
Last week, the fenced off the old Eating Factory. Looks like they are getting ready to demolish that part of the building and will hopefully start the sports club phase of Washington Square.

pablo
Jun 16, 2006, 10:54 PM
Cool!!! So phase 1 is the 2 residential towers and the sports club? Is the hotel and medical center thingy next in line?

WolverineFan
Jun 17, 2006, 9:48 AM
The hotel/condo tower on the southwest corner of the superblock and the fitness/amenities building in the center, are scheduled as phase two.

pablo
Jun 17, 2006, 3:09 PM
thanks wolverine! do you know when phase 2 is scheduled for completion?

LA Guy
Jun 17, 2006, 4:15 PM
Give Bellevue some time. Jeez. It's not going to change overnight. But a lot is happening and it'll be very walkable in a few short years. I think it'll be really walkable in the Ashwood commons as more gets built and from there it's not a long walk to Lincoln/Bell square. And the park is not that far. It's also going to be great around main. It's not going to be NYC overnight but some great stuff will happen including a lot of pedestrian activity.

WolverineFan
Jun 17, 2006, 5:08 PM
I have heard Phase 2 is about 18 months behind Phase One. Since Phase One is on track for late 2007, I am thinking completion will be sometime in early 2009.

mhays
Jun 17, 2006, 7:44 PM
When did you hear that? Before or after the first phase was sold? Developers can change timing sometimes when the first phase does well. The main question is the status of the drawings and permitting. Secondary hurdles include the availability of team, cranes, etc.

WolverineFan
Jun 17, 2006, 9:19 PM
That info came from the salespeople at the presentation center about 2 months ago. I will check with them next week and see what they are now predicting.

destroybananas
Jun 19, 2006, 4:49 AM
Most development in the last couple decades has been pedestrian friendly.

Stores shouldn't line all streets -- just selected shopping streets, with others having retail as-needed. Even in the world's densest cities there just isn't call for that much retail, aside from major shopping districts. Bellevue will never have the density to support pedestrian-oriented retail on anything but a fraction of its streets.

I beg to differ on that...I think Bellevue has a very good potential to have that kind of density because of it's small footprint. Just look at future plans...remember Bellevue isn't afraid of becoming a city ;)

mhays
Jun 19, 2006, 5:31 AM
Name one city on earth that can support retail on all streets. Not Hong Kong, not Tokyo, not London, not New York -- all vastly denser than Downtown Bellevue will ever be. I've spent plenty of time in all of them.

Sorry, you're having a pipe dream. In Bellevue's wildest dreams it'll never have a half the density needed for continuous retail on all streets. And this is made worse by Bellevue Square and other malls, which suck life from the streets.

pablo
Jun 20, 2006, 8:51 PM
SeattleHusky said in another thread that they are planning to start construction of phase II this winter! Rock-on!!!

destroybananas
Jun 21, 2006, 1:38 AM
Name one city on earth that can support retail on all streets. Not Hong Kong, not Tokyo, not London, not New York -- all vastly denser than Downtown Bellevue will ever be. I've spent plenty of time in all of them.

Sorry, you're having a pipe dream. In Bellevue's wildest dreams it'll never have a half the density needed for continuous retail on all streets. And this is made worse by Bellevue Square and other malls, which suck life from the streets.

I didn't say on ALL streets of the city, I was talking about downtown. Downtown Bellevue is adding retail to it's downtown area. And the mall in downtown bellevue has hardly sucked the life out of the streets.

Call me a "dreamer" but nothing is impossible imo. Frankly I think it's kind of silly for you to compare Bellevue with Tokyo or Hong Kong lol. Relatively speaking, it is possible is all I'm saying.

mhays
Jun 21, 2006, 2:27 AM
I have the same response. Show me a situation even remotely like what you're describing. Doesn't exist. Because it doesn't work. Period.

horatio_the_hermit
Jun 28, 2006, 5:51 AM
Dont know if this has already been noted but demolition on the site of phase 2 is currently underway. Impressive from floor 22 of the hyatt.

pablo
Jun 28, 2006, 7:12 PM
COOL! Can you post a picture? I'd love to see it!!!!

horatio_the_hermit
Jun 29, 2006, 12:44 AM
hmm. Well i didnt have a camera with me. I was just doing my tuesday night roof run. I guess i could go up there again.

VillageIdiot
Jun 29, 2006, 4:29 PM
I didn't say on ALL streets of the city, I was talking about downtown. Downtown Bellevue is adding retail to it's downtown area. And the mall in downtown bellevue has hardly sucked the life out of the streets.

Call me a "dreamer" but nothing is impossible imo. Frankly I think it's kind of silly for you to compare Bellevue with Tokyo or Hong Kong lol. Relatively speaking, it is possible is all I'm saying.

I agree with mhays on this one. It makes way more sense to concentrate retail on certain streets and not just a hodge-podge of shops here and there.

horatio_the_hermit
Jul 6, 2006, 2:04 AM
oh, the clearing isnt for phase two. Its just for that stupid spa fitness center thing. I asked some contractors.

pablo
Jul 6, 2006, 4:12 AM
That sucks! I was getting all excited about the hotel. Do they have any more data on whether it's two towers or just one going up on the hotel site? Last I heard they had changed their plans and gone from one thick tower to two thinner ones...

MiamiSpartan
Jul 9, 2006, 4:33 AM
Is this the same thing as The Bravern? Neiman Marcus just announced plans to go into that developement with a 130,000 sq ft store...

mhays
Jul 9, 2006, 5:46 AM
No, separate development.

WolverineFan
Jul 9, 2006, 9:11 AM
Here is my monthly picture of Washington Square, from the 18th floor of the Hyatt. Saturday, July 8th

http://i77.photobucket.com/albums/j73/RandyLucas425/DSC00455.jpg

Rondo1
Jul 20, 2006, 7:24 AM
Not really big news, but earlier today I was at Relax The Back which is on the future property of the Wasatch Superblock (Southwest corner). The guy working there told me that they've been told that they have another year and a half before they have to be out - for demolition. So it seems that we're at least that far away from seeing that part of the block being developed.

SeattleHusky82
Jul 21, 2006, 5:06 AM
Not really big news, but earlier today I was at Relax The Back which is on the future property of the Wasatch Superblock (Southwest corner). The guy working there told me that they've been told that they have another year and a half before they have to be out - for demolition. So it seems that we're at least that far away from seeing that part of the block being developed.

Wow.....that is big news. Last time I was at the sales center, they told me that the next phase (which is on the site of the relax the back store) was going to start late this year or early next year. I wonder what's the cause for the delay, perhaps slowing sales? They said that the retail tenants such as zupan and el gaucho which are part of phase II were to open in 2009 so it looks like that date will be pushed back to 2010.

James Bond Agent 007
Jul 21, 2006, 5:35 AM
Year-and-a-half?

Considering that that area would be, like, Phase III or Phase IV of the project, I'd be surprised if they started it as soon as a year-and-a-half.

mhays
Jul 21, 2006, 5:47 AM
Yeah. Plus, who knows how they'll really end up phasing things.

SeattleHusky82
Jul 21, 2006, 6:16 AM
Year-and-a-half?

Considering that that area would be, like, Phase III or Phase IV of the project, I'd be surprised if they started it as soon as a year-and-a-half.

The site that Rondo mentioned above is Phase II.

mhays
Jul 21, 2006, 3:51 PM
Maybe, maybe not.

Even if you heard that last week from the developer, they could change their phasing at any time.

James Bond Agent 007
Jul 22, 2006, 3:37 AM
The site that Rondo mentioned above is Phase II.
Is it?

Phase II will be where the display center is now, plus where all the construction office mobile-home thingy's are. Relax the Back isn't in any of those places. In fact there's no stores at all there.

SeattleHusky82
Jul 22, 2006, 4:45 AM
Is it?

Phase II will be where the display center is now, plus where all the construction office mobile-home thingy's are. Relax the Back isn't in any of those places. In fact there's no stores at all there.

No, as far as I know, Phase II is the hotel/condo/retail portion of Washington square that will take up the SW corner of the block, which includes the relax the back store. Phase III is office/condo at the SE corner, and then finally, Phase IV is the site that you mentioned which is the NE corner where the construction equipment and sales center is currently located. That phase will include another pair of condo towers. As mhays stated, these are all subject to change but as of now, that is the plan.

James Bond Agent 007
Jul 22, 2006, 4:53 AM
No, as far as I know, Phase II is the hotel/condo/retail portion of Washington square that will take up the SW corner of the block, which includes the relax the back store. Phase III is office/condo at the SE corner, and then finally, Phase IV is the site that you mentioned which is the NE corner where the construction equipment and sales center is currently located. That phase will include another pair of condo towers. As mhays stated, these are all subject to change but as of now, that is the plan.
When I went to the sales office in May, they were already starting to sell some condos for Phase II - which are the two towers on the NE corner.

http://home.comcast.net/~rpgfankirk/05-07-06_1508.jpg
^
Two white ones on the left.

James Bond Agent 007
Jul 22, 2006, 4:55 AM
Also, I have their sales brochure right in front of me. The two towers on the NE corner are called "Three Washington Square" and "Four Washington Square." Not 5 or 6 Washington Square.

SeattleHusky82
Jul 22, 2006, 9:54 AM
Also, I have their sales brochure right in front of me. The two towers on the NE corner are called "Three Washington Square" and "Four Washington Square." Not 5 or 6 Washington Square.

They are called Three and Four washington square because they are the next condo-only towers. The other towers are mixed used and will be named accordingly. Trust me on this one, I bought a unit there and have been in touch with their reps for the last few months, they have told me multiple times that the next phase will include the hotel and retail. They have even started taking down info for those who are interested. I will be attending the "meet and greet your neighbors" social next week at the sales center so I'll ask again to verify but I'm 110% sure what phase II will be.

James Bond Agent 007
Jul 23, 2006, 1:44 AM
^
Hmmm. Well when I was there they said that the two other condos would be the next phase.

Maybe they'll build the whole rest of the complex all at once! :D

WolverineFan
Jul 23, 2006, 6:51 AM
Congrats on a smart move... SeattleHusky82! We are leaving on vacation this Monday, so will miss the mixer next week... but, will be anxious to hear if they disclose any new info......

Okay, guys.... Here is what I have heard..... The next phase is the hotel/condo retail tower and the fitness/amenities building. After that they will be building Tower 3 and Tower 4. The last tower will be the office building, condo in the Southeast corner of the superblock.

The only holdup at this point is they are considering changing the size and shape of the two hotel/condo tower's. They currently are around 25 floors and are taking up too much potential view from Tower 1 and 2 (south views). I have been told they are thinking of making it one tower (instead of two) and going up 40 floors,or so.... of course, this would definitely be the right thing to do.

I bought a unit in Tower 1 (northwest corner), so the hotel won't affect our view, but a 400-450 foot tower would be the crowning touch! I really hope they can pull this off. It will open the area up and having all 6 or 7 towers about the same height would have been too boring.

Since what happens to the hotel/condo tower affects the fitness/amenities building, they have pushed phase 2, the hotel/condo and amenities buildings, back to October to get these things ironed out..... everyone is ready.......The boutique hotel coming in has been selected. El Gaucho will be located on the east side of the hotel/condo tower along with Zupan's grocery on the north side. Wasabi Bistro will be connected to the amenities building.

Towers 3 and 4 are probably a good two years away, at this point.

All I know is that - Washington Square is going to ROCK! :notacrook:

James Bond Agent 007
Jul 23, 2006, 7:19 AM
^
Well OK, then somebody lied to me. :mad:

Not that I care which part gets built first, as long as it all gets built! :)

horatio_the_hermit
Jul 23, 2006, 11:50 PM
Yeah, I was under the impression that phase II was the 2 other condo towers but when i went to the sales center, the only thing they told me that i didnt already know was that phase two is actually the hotel part.

SeattleHusky82
Aug 3, 2006, 5:12 AM
So I went to the event last week and came out with a little bit more info. I didn't get to speak with any reps so no update on when phase II will start but they handed out pamphlets with info about the retail portion of phase II. It will contain 120,000 sq ft of retail which will include a Zupan market, El Gaucho, a new restaurant concept from the owner of Wasabi Bistro and Red Fin, along with boutique retailers. The shopping area is supposedly inspired by State street in Santa Barbara, Las Ramblas in Barcelona, and of course, Michigan Ave in Chicago. Funny how all three mega projects (Bravern, bellevue collection, and now wa square) all say they want to be like Michigan Ave. Maybe eventually when some of the blocks in between all these projects fill up, then NE 8th will be regarded as one of these streets that inspire new developments in other cities.

James Bond Agent 007
Aug 3, 2006, 5:32 AM
^
Interesting.

Now they'll just have to do something across the street where those 2 small retail buildings are (the ones next to the Barnes & Noble). Also maybe in the Paccar/BofA parking lot. :D

Does anyone besides me remember when there used to be a Tower Books & Records across the street there? Dammit I almost kinda miss that place.

Seattle206
Aug 3, 2006, 11:48 AM
Michigan Avenue, huh? How banal. Good lord... a city gets a Tiffanys and a Coach store and all of a sudden they think they're the Magnificent Mile or Park Avenue. Now, how about Oak Street?! Now there would be some REAL goddamned shopping! Those of you familiar with the Windy City will know what I'm talking about!

Cities should not try and copy others. They should just be themselves. By trying to be just like "Michigan Avenue," they become parodies, or a disneyesque version of the real thing - please see Las Vegas as an example.

mhays
Aug 3, 2006, 6:49 PM
Downtown Seattle will always be the #1 retail center in the region. It has many of the big luxury chains like Bellevue, but it also has hundreds of one-of-a-kind stores.

SeattleHusky82
Aug 3, 2006, 10:53 PM
Downtown Seattle will always be the #1 retail center in the region. It has many of the big luxury chains like Bellevue, but it also has hundreds of one-of-a-kind stores.

Downtown seattle may always be #1 due to its sheer volume but I think bellevue is going to get a lot of chains that are missing from DT seattle. They already have Neiman Marcus on the way and Saks may not be far behind. With the Bravern and Washington Square both targeting boutique retailers, I'm expecting to see ultra high-end names like Armani (not a|x but the real armani stores), Versace, Prada, D&G, Burberry, etc. all open stores in these new developments.

Rondo1
Aug 4, 2006, 6:51 AM
^
Interesting.

Now they'll just have to do something across the street where those 2 small retail buildings are (the ones next to the Barnes & Noble). Also maybe in the Paccar/BofA parking lot. :D

Does anyone besides me remember when there used to be a Tower Books & Records across the street there? Dammit I almost kinda miss that place.

Absolutely, I remember it. I too miss that Tower Records. The new one that opened (and closed) over in the Bellevue Galleria was big and .... well big. I also remember when John Danz Theater was still there. And how many of you remember that on the corner of 8th and 108th where the big mirror skysraper is now - used to the a Cadillac dealership? ;-) Oh well let me stop dating myself.....

Rondo1
Aug 4, 2006, 6:53 AM
....Besides, I can't wait for the day that we get to go downtown and watch the implosion of the ugley behemoth that is the Paccar building. It's gotta happen at some point. Talk about ugly ducklying. In 5 years that thing will be sitting among some pretty amazing buildings. And that area will be just ripe for yet another Kemper Freeman extension. ;-) I can see him buying it and blowing it up to add to his Lincoln Squre Shop-o-holic mega fortress.

horatio_the_hermit
Aug 6, 2006, 2:19 AM
mmmmmm. Prada. Delicious.

James Bond Agent 007
Aug 6, 2006, 2:45 AM
Absolutely, I remember it. I too miss that Tower Records. The new one that opened (and closed) over in the Bellevue Galleria was big and .... well big. I also remember when John Danz Theater was still there. And how many of you remember that on the corner of 8th and 108th where the big mirror skysraper is now - used to the a Cadillac dealership? ;-) Oh well let me stop dating myself.....
Hmm, I can vaguely remember the John Danz theater, but the Cadillac dealership is clearly before I arrived here (in '88).

Didn't the Barnes & Noble also used to be a skating rink? Or am I imagining things?

stockjock98004
Aug 6, 2006, 3:02 AM
Hmm, I can vaguely remember the John Danz theater, but the Cadillac dealership is clearly before I arrived here (in '88).

Didn't the Barnes & Noble also used to be a skating rink? Or am I imagining things?

Not a skating rink, but a bowling alley...BelleLanes.

James Bond Agent 007
Aug 6, 2006, 4:05 AM
^
Oh yeah that's right.

Actually, now that I think of it I can remember that, during Christmas, in one of the parking lots around there they used to set up a temporary skating rink.

pablo
Sep 30, 2006, 11:30 PM
Does anyone know what's happening with the other towers they were planning on building on this super block? Any updates on when they're starting the hotel?

SeattleHusky82
Oct 3, 2006, 6:30 PM
Does anyone know what's happening with the other towers they were planning on building on this super block? Any updates on when they're starting the hotel?

I was in the sales center recently to pick out my finishes and I asked them about the hotel and future phases. Unfortunately it seems like they're lagging, they said they won't have any news regarding Phase II (the hotel/condo/retail complex) till next summer and that construction probably won't start till 2008. It sounds like the retail portion will open before the towers are complete because they still plan to open El Gaucho and Zupan markets by 2009. Looks like they will be competing directly for retail tenants with the Bravern and Kemper's project on the Safeway site.

destroybananas
Oct 6, 2006, 6:18 PM
^you might want to check out the link that was posted on the Eastside Projects thread.

MrVandelay
Oct 9, 2006, 2:09 AM
Construction Progress Update

side note: I noticed some additional crane pieces on site for raising the cranes higher at some point

http://www.mytravellinks.com/Skyscrapercity/Post6/DSC04262a.jpg

http://www.mytravellinks.com/Skyscrapercity/Post6/DSC04263a.jpg

http://www.mytravellinks.com/Skyscrapercity/Post6/DSC04264a.jpg

http://www.mytravellinks.com/Skyscrapercity/Post6/DSC04267a.jpg

destroybananas
Oct 9, 2006, 7:29 PM
....Besides, I can't wait for the day that we get to go downtown and watch the implosion of the ugley behemoth that is the Paccar building. It's gotta happen at some point. Talk about ugly ducklying. In 5 years that thing will be sitting among some pretty amazing buildings. And that area will be just ripe for yet another Kemper Freeman extension. ;-) I can see him buying it and blowing it up to add to his Lincoln Squre Shop-o-holic mega fortress.


Yes, I too can't wait for that implosion!

horatio_the_hermit
Oct 10, 2006, 12:56 AM
alright, im all for killing the small strip malls and useless midrises but i think that even though the paccar building isnt the best looking, its the only moderately historic looking highrise we have. Its an efficient use of space and provides transition in the skyline. heres to keeping the paccar tower/

Rondo1
Oct 10, 2006, 6:09 AM
alright, im all for killing the small strip malls and useless midrises but i think that even though the paccar building isnt the best looking, its the only moderately historic looking highrise we have. Its an efficient use of space and provides transition in the skyline. heres to keeping the paccar tower/

Historic, smishtoric. :whip: bring her down and put up another 50 story beauty with a spire dead smack in the middle of downtown! Woohoo! :cheers:

horatio_the_hermit
Oct 11, 2006, 12:20 AM
if i can get 50 stories with a spire, then ill help with the destruction.

velciane
Oct 11, 2006, 7:12 AM
They raised one of the tower cranes up a lot more, it looks great!

pablo
Oct 11, 2006, 5:58 PM
who on this thread has bought a unit at Washington Square? I've bought a two bedroom, but looking at the prices of Bellevue Towers, wondering if I did the right thing.

jsanford
Oct 11, 2006, 6:46 PM
.

jsanford
Oct 11, 2006, 6:52 PM
.

jsanford
Oct 11, 2006, 7:00 PM
.

destroybananas
Oct 12, 2006, 1:35 PM
That's the beauty in buying in these new brand new porjects. You're pretty much guaranteed to build equity immediately.

WolverineFan
Oct 13, 2006, 7:46 AM
I bought a unit in Tower 1 and believe Washington Square will eventually be the place to live in dt Bellevue. I mean, look at the list of partners that want in.... El Gaucho, Zupan's, Wasabi Bistro, etc. I also have heard Thirteen Coins may be trying to get in.... don't quote me, though.

Location, layout, community.... everything upscale! Washington Square has everything going its way... No worries!

:tup:

pablo
Oct 13, 2006, 5:38 PM
Rock on man, I'm starting to feel better now! :-) I'm in tower two. Can't wait for the construction to finish so that I can move in!!

horatio_the_hermit
Oct 13, 2006, 6:27 PM
i may or may not have heard that 13 coins is looking more at bellevue towers than WA square.

jsanford
Oct 13, 2006, 7:52 PM
.

horatio_the_hermit
Oct 13, 2006, 8:47 PM
this isnt really a personal thing, this is news i hear from a leasing agent at PAcific Real estate.

gooddirt
Oct 13, 2006, 9:43 PM
That's the beauty in buying in these new brand new porjects. You're pretty much guaranteed to build equity immediately.

you're not a boker per chance are you? In a n/c situation, you're making a gamble 1-2 years out the prices wil rise. In the mean time, your deposit is doing nothing. What you have going for you is that 1) you're playing in an unproven market where there could be lots of latent demand, thus driving up profits and 2) developers price units temporally from low-high so as to drive momentum for the project. Eg. so Joe can say to Bill," I just bought at the corner of Crack rock and Pike downotwn and I've made 20$k already," thus driving Bill to buy.

That said "pretty much guaranteed" is overstepping it. I can pretty much guarantee whoever says that has never invested in a down market in the past.

pablo
Oct 13, 2006, 9:50 PM
I'm with gooddirt on that one. It is a gamble for those purchasing purely for investment opportunities and that need to role over their investment right when it completes. For those wanting to live in it, pre-sales become less of a risk since it implies you can afford the mortgage and in it for a longer period of time.

And what's up with the WS website!? I wish they'd update it as well. Pretty lame compaired to the websites of BT and other projects going on in Seattle.

jsanford
Oct 13, 2006, 9:52 PM
.

pablo
Oct 14, 2006, 5:11 AM
Does anyone know if tower 1 or 2 will have air conditioning?

WolverineFan
Oct 14, 2006, 5:46 AM
Investors at WS are discouraged. There is a clause in the contract that states.... if you sell within 12 months of moving in, you have to pay the profit back to WS. With that in mind, anyone buying for speculation is locked in for at least one year.... Now, whether that means they can lease it out, for that time period, I am not sure.

pablo
Oct 15, 2006, 12:59 AM
was there earlier today and they were working away. Interesting to see them working on the weekends too. I took a picture and compaired it to the one taken on 10/8 and it looks like they've gone up another floor since then!

horatio_the_hermit
Oct 15, 2006, 1:33 AM
not too surprised at that.
Projects of that size average about a floor per week.

WolverineFan
Oct 20, 2006, 8:34 AM
Does anyone know if tower 1 or 2 will have air conditioning?

Yes, both towers will have air conditioning....

pablo
Oct 23, 2006, 1:44 AM
I was at the sales center today and it looks like the hotel plans of having 1 taller tower instead of 2 shorter ones has been finalized. No renderings or specifics, but looks like they've made the change. That's awesome! :-)

UrbanSteroid
Oct 23, 2006, 2:54 AM
Hell Yeah! I hope the tall one reaches at least 350' so it can make a real impact on the skyline. It should also help to break up all the monotony of all these twins everywhere.

:awesome: :tomato: :boogy: :pepper: :dancing: :righton: :banger: :apple: :cucumber: :rock: :banana:

InlandEmpire
Oct 23, 2006, 3:04 AM
Investors at WS are discouraged. There is a clause in the contract that states.... if you sell within 12 months of moving in, you have to pay the profit back to WS. With that in mind, anyone buying for speculation is locked in for at least one year.... Now, whether that means they can lease it out, for that time period, I am not sure.

In my experience working for a homebuilder in Eastern Washington who decided to include an anti-speculation clause in their contracts, units usually must be owner-occupied for that 12 months but this may not apply here.

James Bond Agent 007
Oct 23, 2006, 3:24 AM
I was at the sales center today and it looks like the hotel plans of having 1 taller tower instead of 2 shorter ones has been finalized. No renderings or specifics, but looks like they've made the change. That's awesome! :-)
Great news!! :tup:

pablo
Oct 23, 2006, 5:20 AM
...occupied for that 12 months but this may not apply here.

Not sure what you mean by this...can you elaborate a bit please? Thanks, InlandEmpire! :-)

destroybananas
Oct 31, 2006, 1:06 AM
?

WolverineFan
Nov 1, 2006, 7:17 AM
Here is a recent picture of Washington Square, taken from the 18th floor of the Hyatt.
http://i77.photobucket.com/albums/j73/RandyLucas425/DSC01118.jpg



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