The Emerald is set to be Seattle’s newest luxury condominium building, rising 440 feet above Pike Place Market and the Puget Sound. In addition to the residential tower, The Emerald will also include two ground floor retail spaces.
The development will comprise 265 studio, one-, two-, and three-bedroom residences and penthouses divided into three collections: the Penthouse collection, the Panoramic collection, and the City collection. The Penthouse collection offers an elevated finish package and floor-to-ceiling windows with views of the Seattle skyline. The Panoramic collection occupies the middle and upper floors to provide the best views, and the City collection offers homes with refined finishes and open floor plans with views that range from cityscapes to the Pike Place Market and Seattle waterfront.
Building amenities will include a full-floor rooftop Olympic Room, a double height glass encased club room that opens to the Puget Sound and Olympic Mountains. The Olympic room will feature indoor/outdoor lounge space and firepits.
See Also: Affordable, senior development rises in the Bronx
A third-floor amenity space includes an outdoor pet run, a pet spa, a fitness center, and a chef-caliber catering kitchen. Residents will be offered on-demand access to Tesla Model X and Model S vehicles. The Emerald will also become the first building in Seattle to use Latch keyless technology for an efficient and secure flow throughout the building.
Homes are selling now with prices ranging from $500,000 to $3 million. The building is slated for completion in summer 2020. Hewitt Architects is the architect with Create World Real Estate and Daniels Real Estate as the developers. Susan Marinello Interiors is the interior designer.
Related Stories
Student Housing | Jun 20, 2024
How student housing developments are evolving to meet new expectations
The days of uninspired dorm rooms with little more than a bed and a communal bathroom down the hall are long gone. Students increasingly seek inclusive design, communities to enhance learning and living, and a focus on wellness that encompasses everything from meditation spaces to mental health resources.
MFPRO+ News | Jun 20, 2024
National multifamily outlook: Summer 2024
The multifamily sector continues to be strong in 2024, even when a handful of challenges are present. That is according to the Matrix Multifamily National Report for Summer 2024.
Multifamily Housing | Jun 17, 2024
Elevating multifamily properties through quiet luxury
As the demands of urban living continue to evolve, the need for a tranquil and refined home environment has never been more pronounced.
Multifamily Housing | Jun 14, 2024
AEC inspections are the key to financially viable office to residential adaptive reuse projects
About a year ago our industry was abuzz with an idea that seemed like a one-shot miracle cure for both the shockingly high rate of office vacancies and the worsening housing shortage. The seemingly simple idea of converting empty office buildings to multifamily residential seemed like an easy and elegant solution. However, in the intervening months we’ve seen only a handful of these conversions, despite near universal enthusiasm for the concept.
Adaptive Reuse | Jun 13, 2024
4 ways to transform old buildings into modern assets
As cities grow, their office inventories remain largely stagnant. Yet despite changes to the market—including the impact of hybrid work—opportunities still exist. Enter: “Midlife Metamorphosis.”
Affordable Housing | Jun 12, 2024
Studio Libeskind designs 190 affordable housing apartments for seniors
In Brooklyn, New York, the recently opened Atrium at Sumner offers 132,418 sf of affordable housing for seniors. The $132 million project includes 190 apartments—132 of them available to senior households earning below or at 50% of the area median income and 57 units available to formerly homeless seniors.
MFPRO+ News | Jun 11, 2024
Rents rise in multifamily housing for May 2024
Multifamily rents rose for the fourth month in a row, according to the May 2024 National Multifamily Report. Up 0.6% year-over-year, the average U.S. asking rent increased by $6 in May, up to $1,733.
Apartments | Jun 4, 2024
Apartment sizes on the rise after decade-long shrinking trend
The average size of new apartments in the U.S. saw substantial growth in 2023, bouncing back to 916 sf after a steep decline the previous year. That is according to a recent RentCafe market insight report released this month.
Multifamily Housing | Jun 3, 2024
Grassroots groups becoming a force in housing advocacy
A growing movement of grassroots organizing to support new housing construction is having an impact in city halls across the country. Fed up with high housing costs and the commonly hostile reception to new housing proposals, advocacy groups have sprung up in many communities to attend public meetings to speak in support of developments.
MFPRO+ News | Jun 3, 2024
New York’s office to residential conversion program draws interest from 64 owners
New York City’s Office Conversion Accelerator Program has been contacted by the owners of 64 commercial buildings interested in converting their properties to residential use.
