Queen Anne Real Estate Report – Half of Year

We are halfway through the year and the real estate market is still in an all-time frenzy. There still isn’t much relief for buyers in the Seattle area, with low inventory and prices still climbing high. There were 164 single-family homes sold in Queen Anne between January & June, which is 18 more than we saw this time last year. The median sales price took a small jump from $986,000 (2016) to $989,950 (2017). The lowest price for a home has seen an increase from $182,000 (2016) to $379,000 (2017). There are currently 33 listings active and 48 pending.

Condominium sales in Queen Anne showed some strength these last 6 months. The median cost has gone up from $390,000 (2016) to $475,000 (2017). The average list price has also seen a small jump from $436,804 (2016) to $502,376 (2017). There are currently 21 active and 40 condos pending, one of which listed by Ewing and Clark for $3,985,000.

Queen Anne Events: Things to Do in August

From food to cultural events, Queen Anne is the neighborhood to visit and enjoy this August!

Thursdays in August: Queen Anne Farmers’ Market
3pm – 7pm | W Crockett St. and Queen Anne Ave N
The neighborhood farmers’ market is here through October 12th! Visit the Queen Anne Farmers Market at West Crockett Street and Queen Anne Avenue North on Thursdays each week for fresh produce, beautiful flower arrangements, locally made goods and your favorite food truck dining! Plus, market music and chef demos to enjoy.

Saturdays in August: Movies at the Mural
9pm – 11pm | Mural Amphitheatre
Enjoy free outdoor movies on Saturday nights at the Mural Amphitheater in the Seattle Center, through August 26th! Movies will be played on a 40-foot screen. Bring your low-back lawn chairs or blankets, snacks and beverages to enjoy while you watch. The August lineup is as follows:

  • July 29th: The Princess Bride
  • August 5th: La La Land
  • August 12th: Hidden Figures
  • August 19th: Clue
  • August 26th: Rogue One: A Star Wars Story

August 6: Scandinavian Pancake Breakfast
8am – 1pm | Swedish Club NW
The Swedish Club NW’s monthly pancake breakfast is an authentic Swedish pancake breakfast complete with ham, lingonberries and all of the fixings. This month, it will take place on August 6th, with live music by Skandia Kapell, Folk Voice Band and Smilin’ Scandinavians. The price is $9 for adults, $7 for club members and $5 for children ages 5-12.

August 12: Iranian Festival
11am – 7pm | Seattle Center
It’s the 11th annual Seattle Iranian Festival on August 12th! Head to the Armory to experience cultural food and goods, live music and other performances, and activities for the whole family!

August 18: The Tomato Dinner Pop-Up
6:30pm – 10pm | The Bite Box
Chef Aaron Tekulve from The Bite Box is presenting a special pop-up dinner to feature some delicious dishes with tomatoes as the star ingredient. Tickets are $99 per person—reserve your space ahead of time to ensure your seat!

August 21: Brasil Fest
12pm – 7pm | Seattle Center
Don’t miss Brasil Fest! Hosted at the Seattle Center on August 21st, this festival will feature a procession of people wearing traditional costumes, participatory workshops, live music from Brazilian Jazz and other groups, cultural performances, a parade, and more!

August 26-27: TibetFest
12pm – 7pm | Seattle Center
The 22nd Annual TibetFest will be held on August 26th and 27th, presented by the Tibetan Association of Washington and Seattle Center Festál. There will be visual arts, live performances, a lively marketplace, games, food, hands-on activities, a group dance, and more!

Take a Peek at the Zella Apartments, Breaking Ground in Lower Queen Anne

By Sarah Anne Lloyd

Another new building is cropping up in lower Queen Anne, breaking ground in July. To match some visuals with yet another construction zone, Pastakia and Associates shared some renderings and details of the apartments-to-be.

The seven-story apartment building will sprout up at Second Avenue West and West Republican Street—currently the site of the 203 West Republican Street Apartments, which is a three-story apartment building, and a surface parking lot behind it.

When finished, the will have 128 one- and two-bedroom apartments and 38 live/work spaces, with 52 parking stalls and 33 bike parking spots.

The exterior will be composed of brick, metal panels, fiber cement panels, and cedar siding.

The project is taking advantage of both the Multifamily Tax Exemption Program and participating in new mandatory housing affordability, making about a quarter of the building’s units affordable to those making 60 to 80 percent area median income. (Exact numbers depend on family and unit size.)

Pastakia and Associates hope to achieve U.S. Green Building Council LEED for Homes certification for the project—but regardless, it has some sustainability-minded features, including LED fixtures and electric resistance heat. The landscaping focuses on native and drought-resistant ornamental plants for low water use. A green roof will also feature a solar panel array to help reduce the building’s overall power consumption.

The amenities package is about normal for new construction: A common gathering space in the lobby will have an electric fireplace. The rooftop will have a common deck with a fire pit and a dog run.

The whole project adds up to 114,000 square feet and is slated to be finished by fall 2019.

Syndicated from Curbed Seattle.

Apartments, Parking Included in Upper Queen Anne Safeway Redevelopment

With all of the new construction and redevelopment going on around the city, it’s unique when an existing business opts to redevelop their existing property. That’s just what Albertson’s is doing with the 25,000 square foot Safeway store on upper Queen Anne…

In the fall of 2018, the grocery giant has plans to start construction on redeveloping the store at 2100 Queen Anne Ave N. They will be expanding the store’s footprint to 50,000 square feet, in addition to constructing four additional stories of residential units, and underground parking. It’s not yet clear how many residential units there will be.

“Since 1962 the store has undergone several significant remodels that were limited to our current space constraints,” Safeway Seattle Division President Karl Schroeder said. “We are now committed to pursuing a redevelopment plan well-suited to both our neighbors and the location.”

The Queen Anne News reported that the design for the project will “focus on neighborhood integration, and enhancing the street-level character,” and that the expanded store will offer “more premium elements tailored to the Northwest.”

The entitlement process will be started this summer, and construction is anticipated to begin Fall 2018. The architect on the project is Ankrom Moisan, and local firm Holland Partner Group is the developer.

Featured photo shows the project site plans, source: The Queen Anne News.