Category Archives: General News

Watch Seattle’s Growth Over the Past 3 Years

By Laura Fonda

The Space Needle PanoCam went live in January 2015 to snap images of Seattle from the spire of the Needle every 10 minutes. Now, a new time-lapse video uses the PanoCam images to illustrate Seattle’s growth in the past 3 years – and it’s pretty impressive. According to GeekWire, Ricardo Martin Brualla, a Google engineer, made the video with thousands of photographs from the PanoCam,

South Lake Union undergoes the most transformation, but time-lapses of downtown and Uptown have considerable upward movement as well. Essentially, it’s a 360 degree view of how the city has grown in the past couple of years, and it’s grown a lot:

Syndicated from QueenAnneView.com

KeyArena Redevelopment Progresses with MOU

By Joe Veyera

A more than $600 million plan to redevelop KeyArena with the hopes of luring professional hockey and men’s basketball to Seattle moved one step closer to reality on Monday, after the Seattle City Council voted 7-1 to approve a memorandum of understanding with the Oak View Group.

Councilmember Mike O’Brien was the lone dissenting vote, while Lorena Gonzalez was not in attendance.

Under the agreement, OVG is responsible for the entirety of project costs, in addition to overruns, along with $40 million in neighborhood transportation improvements over the term of a 39-year lease, as informed by a mobility action plan also paid for by the group.

Construction is expected to begin by the end of next year, with an opening of the renovated venue in October 2020.

KeyArena in its current state. Photo by Joe Veyera

KeyArena in its current state. Photo by Joe Veyera

“This redevelopment unlocks the potential for the best new arena for sports, entertainment, high-tech expos, concerts and more — with partners who have already demonstrated their commitment to partnering with the City for success,” she said.

In a separate statement, Councilmember Teresa Mosqueda said she was, “proud to support a project aligned with the progressive values and shared prosperity for which Seattle is now legendary,” as she cast her first vote.

“We are experiencing a unique moment in our City’s history and with it comes an opportunity to preserve one of our cities most iconic public assets for the benefit of the public good,” she said. “This project recreates a world-class, multi-purpose sports and entertainment facility (including women’s sports!) which will become a cherished part of Seattle’s legacy.

Monday’s vote, while a key milestone in the process, won’t be the last one by the council. The MOU provides a framework for a development agreement, lease agreement, and Seattle Center Integration Agreement, all of which still require council approval in the coming months.

Syndicated from the QueenAnneNews.com

Queen Anne Real Estate Report – November 2017

The Seattle real estate market is still one of the most talked about in the nation. Though that hasn’t changed, many home prices have. There were 63 sales in the Queen Anne neighborhood last month, 31 single-family homes and 32 condos.

Sold this year by Ewing and Clark

As Seattle grows, so does the value of the homes. The median sales price for a single-family home jumped from $935,000 (Nov. 2016) to $1,042,000 (Nov. 2017). The average selling price was $1,346,971 and the average listing price was $1,390,692. The highest sold listing was $6,200,000, compared to $2,850,000 in November 2016.

Condominium sales in Queen Anne continue to rise in price. The median sales price increased from $352,500 (Nov. 2016) to $467,500 (Nov. 2017). The average selling price was $524,075. The highest sold condo was recorded at $1,175,000 and the lowest was $179,000.

There are currently 42 active listings and 60 pending.

 

The Ruins: Possible Closure In January, Listed for Sale

By Sarah Anne Lloyd

A two-story commercial building in Uptown (or lower Queen Anne, depending on your preference) is for sale. Built in 1928, it stands out for that classic warehouse style, with huge, multi-paned windows and an ornamented roofline. But what really makes it stand out is inside: The bottom floor is home to the event space and members-only dining club The Ruins.

Both the building and the business are for sale. A representative for the Ruins told us that without a buyer, the business will close in January after their annual January 1 member dinner.

The elaborately-designed space features four separate event venues: The Ballroom, with hand-painted murals; reception space the Chocolate Room; and both a large and small dining room.

All of them are eclectically decorated, from an outdoor courtyard covered in ferns to large animal statues—including a commanding life-size elephant—to commanding formal chandeliers. The walls are painted in bold, bright colors under high ceilings. French doors can either open up the space or create more intimate gatherings.

Even more behind-the-scenes spaces, like kitchens, are colorful and offbeat.

Upstairs, two vacant office suites provide more space, but aren’t quite as exciting-looking (yet).

When it was first built, according to its historic designation, the building was home to an auto body-building plant for Tricoach Manufacturing Company. Later, it became a drafting office and then a pottery manufacturer. The Ruins moved in and remodeled in the early 1990s.

The building’s listed for $4.3 million.

Syndicated from Seattle Curbed