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All the latest news articles and market trends of the Seattle Real Estate Market. If it is happening in Seattle it is happening on the Stroupe Group.

Downtown Seattle’s Newest Condominium Building is Under Construction

A new condominium tower is officially on its way! The Emerald, a 265-unit project we wrote about back in February, has broken ground. It is joining NEXUS, which we have reported on frequently, as the newest condominium project in Downtown Seattle.

1613 2nd Avenue – the site of The Emerald before construction broke ground. Courtesy of GoogleMaps

The new building will occupy a prime site on the corner of Stewart Street and 2nd Avenue – where a Seattle staple, Café D’Arte, was located. The hip Thompson Hotel is just across the street. The 400-ft tower is in a fantastic location, with Pike Place Market mere blocks away and the convenience of City Target nearby. The Emerald will be joining some of our favorite condominium buildings in the area: Fifteen Twenty-One and the Newmark.

fifteen twenty one downtown seattle View of the ever-evolving Seattle skyline from the Fifteen-Twenty One rooftop terrace.

More details about the project, which will be 40 stories tall, are now available. The condominiums will range in size from 540 square foot one-bedroom homes to large ones measuring as much as 1,700 square feet – quite large by Downtown Seattle standards. Interestingly, the Emerald will feature no studio homes per the article in Puget Sound Business Journal.

The bottom two levels of the building will feature a two-story retail space podium enclosed in glass. There will be rooftop full of common amenity spaces. Another unusual feature of the building is the angled design – renderings are available here.

The developer of the project is Mirador CWZ LLC, comprised of foreign investors. Hewitt, a Seattle architecture firm, oversees designing the project and Andersen Construction will serve as the general contractor.

We will make sure to keep you updated on details of the project as they emerge!

 

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