Posted Oct 25, 2014, 5:36 PM
|
Registered User
|
|
Join Date: Apr 2011
Posts: 2,647
|
|
Quote:
Originally Posted by chris08876
|
One of the proposed projects I like a lot.........I didn't think it would get into construction. From the article, an interesting observation:
Continental President Claudio Guincher said the decision will be made by the end of 2015. If they are condos, marketing will start then. If they are apartments, marketing will start in 2016.
“They're both good options and we're going to wait and read the market — both the condominium market and the rental market — in a year from now instead of making the decision now,” he said.
This unusual move is the result of downtown Seattle's unusually strong apartment market. Building after building is filling up, and rents are rising.
Last edited by alki; Oct 25, 2014 at 7:21 PM.
|