The Emerald Launches Summer with Special Incentives

The Emerald is making it easier than ever to own a piece of Seattle’s defining address in the center of downtown – just one block from the iconic Pike Place Market, steps from the waterfront and surrounded by the city’s best culinary and cultural destinations. For a limited time, The Emerald is offering a summer sales incentive which includes credits towards homeowner’s association fees plus design center or closing costs on select homes. Recently awarded Development of the Year by Seattle Agent Magazine, you don’t want to miss this chance to call our address home. Move-in luxury condominiums are available now. Eligible homes must be in contract by July 31st, 2022 to receive the incentive.

 

 

 

The City Collection on floors 4-16 of The Emerald offers styled and smart homes with refined finishes and open floor plans. These homes also offer a variety of views that range from energetic cityscapes to vibrant Pike Place Market and the Seattle waterfront. Act now and receive 1-year free HOA + an $2500 design center/closing cost credit this summer.

 

 

 

 

The Panoramic Collection on floors 17-33 occupies the middle and upper floors of the tower. These residences are filled with incredible views that look across the entire city, to the Puget Sound and the islands and mountain ranges beyond. Summer incentives on this collection include 18 months free HOA + an $5000 design credit/closing cost credit this summer.

 

Here’s a peek at some sample savings of up to $24,458!

 

Residence 1701, ~1189 sq ft, 2-bed, 2-bath, priced at $1,285,000.

  • 18 Month Free HOA ($19,458)
  • Design Center/Closing Cost Credit – +$5000
  • Total savings: $24,458

 

Residence 3102, ~957 sq ft, 1-bed with den, 1-bath, priced at $969,000.

  • 18 Month Free HOA ($15,660)
  • Design Center/Closing Cost Credit – +$5000
  • Total savings: $20,660

 

Residence 2704, ~773 sq ft, 1-bed with den, 1-bath, priced at $859,000.

  • 18 Month Free HOA ($12,654)
  • Design Center/Closing Cost Credit – +$5000
  • Total savings: $17,654

 

 

The Emerald delivers highly curated amenities thoughtfully designed to enhance the building’s premier location and breathtaking unobstructed views. All Emerald residents enjoy access to a full-floor indoor outdoor rooftop amenity deck and Olympic Room, an impressive double-height glass-encased club room with catering kitchen and indoor and outdoor lounge and firepits opening to the Puget Sound and Olympic Mountains. A third-floor indoor and outdoor amenity space designed with vibrant exposure to Second Avenue provides owners an outdoor pet run, pet spa, state-of-the-art fitness center, yoga studio and guest suite. Additionally, as a result of an exclusive partnership with adjacent luxury boutique hotel, Thompson Seattle, all Emerald owners enjoy a uniquely curated food and beverage experience made up of discounted meals at Conversation, Thompson Seattle’s signature restaurant, and a secret signature cocktail menu at The Nest, the hotel’s striking rooftop bar and lounge.

 

 

*The incentive amount is the equivalent of 12 to 18 months of HOA fees, which is paid as a closing credit applied to allowable Closing Costs, Rate Buy-down, Storage Fees, other allowable pre-paid fees, and/or upgrades through approved vendors as allowed by Buyers’ lender. HOA fees vary by home size. Incentive payout must follow lender guidelines. Valid on new contracts only. Not valid on Penthouse Sales or existing contracts. This offer is subject to change or cancellation without notice. The incentive promotion is applicable only to primary and second home purchases and is valid only on contracts ratified and mutually accepted by July 31, 2022.

The Penthouse Collection Unveiling at The Emerald

The Emerald recently celebrated a private VIP unveiling of the two new penthouse model homes curated by ASH NYC with 40 hand selected brokers for a first look inside our Penthouse Collection. Our model home design partners at ASH Staging, a division of ASH NYC, known for combining historically compatible disciplines under one roof—including design, development, hotels, staging and products—have marked the company’s debut in Seattle at The Emerald. Breaking away from the staging mantras of neutrality, instead the design team has created something new, site-specific, and carefully layered reflecting of the natural landscape and views at The Emerald.

 

 

Guests were treated to complimentary valet parking at our neighboring Thompson Hotel where The Emerald shares an exclusive partnership full of custom perks for residents. The evening was intimate and delightful with light fare, including cooking demonstrations of Asparagus & Parmesan Risotto and wine pairings provided by our Pike Place Market neighbors at Kitchen & Market, a specialty grocery store offering chef-inspired meal kits and prepared foods. Penthouse floors 34 through 38 at The Emerald offer one of the most exceptional living experiences in Seattle. These coveted homes feature our most spacious floor plans and are meticulously designed with elevated finishes, bespoke kitchens, lavish bathrooms, ceiling heights from approximately 10’ and higher, along with floor-to-ceiling windows filled with panoramic views. Photographer, Miles Fowler photographed the events of the evening. View the gallery here.

 

 

 

 

Our Featured Penthouse Residences include:

 

Penthouse Residence Model 3702

This 3 Bedroom, 2 Bathroom ~1,455 square feet penthouse home showcases eastern exposure with expansive city views. Starting from $2,139,000.

 

Penthouse Residence Model 3704

This 3 Bedroom, 3 Bathroom ~1,779 square feet southwest corner penthouse home boasts Mt. Rainier, Pike Place Market, Great Wheel, West Seattle and Elliott Bay views. Starting from $3,739,000.

 

Penthouse Residence 3705

This 2 Bedroom + Den, 2.5 Bathroom ~1,601 square feet penthouse is a northwest corner home with Olympic Mountain Range, Elliott Bay, Great Wheel, West Seattle and Space Needle views. Priced at $3,999,000.

 

The product of inspired collaboration between some of the top minds in architecture and design, including Julia Nagele, Director of Design – Architecture and Susan Marinello of renowned design firms Hewitt and Susan Marinello Interiors, the Penthouse living spaces at The Emerald boast 10’+ ceilings, floor-to-ceiling windows with sweeping views, and wide-plank European white oak hardwood flooring. A culinary kitchen features custom wood cabinetry with integrated lighting, natural stone slab countertops and backsplash, Miele® appliances, and Dornbracht® polished chrome faucets. Step into a bath suite and relish in the radiant heated natural stone flooring and a soak in a Kohler® bathtub or enjoy the Mudset natural stone shower floor with full-height natural stone tile and glass enclosure. Second and third bathrooms also feature bathtubs by Maxx®. Refined finishes include custom wood cabinetry, natural stone slab countertops and backsplash, natural stone flooring and wall tile, TOTO® elongated toilets with washlet seats, plus Dornbracht® polished chrome bath and shower fixtures.

 

The Emerald is Seattle’s most talked about luxury tower, one block from Pike Place Market. We invite you to book your private tour of the building, amenities and new luxury penthouse models, and see for yourself why our community was recently awarded Development of the Year for the 2022 Seattle Agents’ Choice Awards.

Milestone Moments: The Emerald Tops Market Dollars in 2021 Sales

As we move into a fresh year, we’re recapping real estate market trends and looking forward to a successful new year.

 

 

According to Polaris Pacific, West Coast leader in high-density real estate sales and marketing, median prices in West Coast markets are showing strength as we greet 2022. Extraordinarily low condo supply is driving median price levels throughout the west. Rounding out last year in December 2021, Seattle’s median sales price was $655,000 with 295 closings – up 2.4% over the previous year while months of inventory was 1.9, down over 53% from the previous year.

 

While Seattle area low-rise and mid-rise buildings both showed a negative annual price per square foot change in 2021, alternatively high-rise buildings of 13 stories or more (such as The Emerald) rose by 6.9%. Furthering sales momentum, Seattle showed less supply of unsold, new condominiums on the market (33.7 percent decrease from 2020) while demand for housing remained high. The median price in Seattle during the three months ending November 30th was $654,975, unchanged from November 2020.

 

Following record sales with a successful first-half of 2021, totaling $50M in sales in the first two quarters, The Emerald’s continued transaction velocity confirms its position as the city’s most attractive downtown residential high-rise available to buyers in today’s current market, as reported in The Registry Pacific Northwest Real Estate.

 

Indicating a strong luxury market, we’re pleased to share news that The Emerald had 2 of the top 5 highest priced Seattle condo sales in 2021, noting that these milestone sales also ranked The Emerald among properties with the highest price per square foot – upwards of $2,200. 

 

Often described as the perfect balance between convenience and luxury, between Penthouse offerings at The Emerald and continued market demand resulting in high dollar sales success, there are several key factors that set us apart from other new construction properties, which include:

 

  • A premiere address one block from Pike Place Market and Seattle’s new waterfront destination
  • Stellar architecture designed by a female-led team, Julia Nagele, Principal, Director of Design – Architecture of Seattle-based Hewitt Architects, with stunning interiors by local interior designer Susan Marinello of Susan Marinello Interiors
  • Soaring 10-foot plus ceiling heights, expansive windows and ample natural light to showcase unrivaled 360-degree vistas
  • Breathtaking panoramic and unobstructed views of the Puget Sound, the Olympics, Bainbridge Island and more

 

“The Emerald represents the very best of what Seattle has to offer,” said Dehlan Gwo, Director of Marketing and Sales for Create World Real Estate, developer of The Emerald. “Our buyers are purchasing a timeless piece of the city and are eager to plant their roots in the heart of our thriving downtown. We look forward to continue leading downtown’s revival and excited for our new owners to call Seattle’s waterfront home.”

 

The Emerald is also currently selling its exclusive 22-residence penthouse collection offering two-, three, and four-bedroom single-story residences up to ~3,948 square feet ranging from $3M to $10.9M. Located on the uppermost residential floors 34 through 38, each penthouse boasts over 10-foot floor-to-ceiling windows, hand-selected premium materials including natural stone slab countertops and backsplash, natural stone floors, and custom wood cabinetry with integrated lighting. Kitchens come fully equipped with appliances by Miele including a premium refrigerator with custom panelized door, gas cooktop, black and stainless-steel wall oven and top-performing dishwasher with custom panelized door. Thoughtfully designed bathroom suites feature natural stone, radiant heated flooring, and full-height natural stone showers with glass enclosures. Top-of-the-line fixtures include cutting-edge Dornbracht polished chrome bath and shower fittings alongside custom wood cabinetry and sleek Kohler soaking bathtubs.

 

 

 

*Stats sources: NWMLS, Polaris Pacific. PSF dollar amounts are for buildings built after 2004

New Entrances and Exciting News at The Emerald

On behalf of the entire team at The Emerald, we’d like to congratulate Brooke Kavieff on being named our new Sales Manager.

 

Brooke consistently brings a happy disposition and eager interest in all our interested buyers’ needs – to find each the best fit. She lifts everyone around her up with her professionalism, attention to detail, local market knowledge, and congeniality. We’re excited to have Brooke leading the sales team here at The Emerald.

 

 

We’ve also introduced a new Sales Associate at The Emerald, Kyle Weber. Kyle has called Seattle home as well as worked in the luxury high rise market for the last 5 years. Kyle is thrilled to be a part of the team at The Emerald adding to the downtown Seattle skyline just steps from its dynamic waterfront, and we’re equally thrilled to have him onboard.

 

“It’s difficult to say that there are any true direct competitors to The Emerald. Having the playground of Seattle’s Pike Place Market just steps from your front door is an experience that cannot be matched.”

 

Go behind-the-scenes with Kyle as we discuss location, views, model homes and favorite bites in the neighborhood.

 

Lavish. Crisp. Tranquil. That’s how Kyle would describe The Emerald. His favorite model home is the NE corner two-bedroom, two-bathroom home. “Featuring sweeping views from the Puget Sound to the Seattle Skyline and one of our largest living spaces, this home has versatility to attract the pickiest of buyers”, says Kyle. “The 1B-08 floorplan is also an incredible option if you work from home. Featuring a private office with wall-to-wall floor-to-ceiling glass windows, I can’t imagine a better working space while looking out toward the Iconic Smith Tower and Puget Sound.”  

 

The City View Room ranks as Kyle’s favorite view from the building: “While our unrestricted views from the Puget Sound are absolutely awe-inspiring, I must say that the sweeping downtown vista from the City View Room on our 39th floor holds my heart. There truly is a feeling of connectivity to the downtown neighborhood from a view that can best be described as a Manhattan Moment.”

 

Location matters.The best part about The Emerald’s location is your immediate connectivity to the neighborhood, with a walk-score of 99”, Kyle says. The Emerald’s premiere location at Second and Stewart places you in the center of downtown Seattle – just one block from the iconic Pike Place Market, steps from the waterfront and surrounded by the city’s best culinary and cultural destinations.

 

Favorite Pike Place Market Finds:

“Having Pikes Place Market right outside our front door brings you face to face with the freshest ingredients in town. If you are there often enough, you’ll discover small secrets that the tourists tend to overlook. I’m definitely a huge fan of DeLaurenti’s for their fresh house made pasta to bring your at-home cooking to the next level. Of course, there’s always the incredible Pink Door if you aren’t feeling up to cooking at home. If you’re a fan of Sushi, look no further than Sushi Kashiba for arguably the freshest culinary experience in the Pacific Northwest.”

 

Your Seattle adventures begin here. The Emerald is now over 50% sold. Onsite tours of our 8 new model residences and breathtaking amenities are available for tour by appointment. With homes starting in the $400,000’s, it’s the perfect opportunity to invest in a dream location or find your full-time home. Schedule your private in-person or virtual tour by contacting our team at 206-453-6800 or info@theemeraldseattle.com.

Made for Them / Made for You – More Reasons to Sell The Emerald

The Emerald has surpassed the 50% sold milestone and it’s easy to see why. Brokers from Seattle, the Pacific Northwest and beyond call it their favorite building to sell and appreciate the seamless teamwork they receive when bringing buyers.

 

 

The team at The Emerald has made it quite a seamless process for showing the building to my clients. From high levels of communication to prompt detailed follow ups, I truly feel like The Emerald is an extension of my team – working together to make homeownership possible for my buyer candidates. ~ Brian Hopper, Global Real Estate Advisor with Realogics Sotheby’s International Realty

 

My buyers fell in love with several of the protected water views, one- and two-bedroom floor plans. The prices are affordable and they loved the modern finishes, but most of all they were sold on the floor-to-ceiling windows that captured breathtaking Puget sound views. ~ Olga Dyckman, Realtor, Founder of The Seattle Condo Group at Windermere Real Estate

 

My buyers ultimately chose The Emerald for the lifestyle. It provides the perfect balance between convenience and luxury – downtown urban living at its finest. Plus, it’s new construction. The Emerald is at the top of my list of buildings to show to my clients. ~ Michele Liang 梁璐璐  Residential and Commercial Real Estate Broker ABR®CLHMS Million Dollar Guild, Realtor® Realogics Sotheby’s International Realty

 

The Emerald was made for your buyers and now we’re creating something made just for you. As we move into the new year and approach new milestones, we want to say thank you to everyone who continues to make our community a success. Introducing our Broker Incentive Program offered through March 2022 – Choose Your Adventure.

 

The Emerald and our management partners at Columbia Hospitality have collaborated to create a curated getaway or night out made with you in mind. 2021/2022 Incentive Packages are available to brokers with any new sales starting December 1, 2021. Any broker who makes a sale from December 1, 2021 through March 31, 2022 is eligible* to receive their choice of one of the following four packages:

 

 

 

 

  • Release the Kraken. Two Club-level seats and onsite parking to upcoming season Kraken game of your choice at Climate Pledge Arena.

 

 

 

 

  • Self-Care at Snoqualmie Falls. The Salish Lodge Signature Package includes 1 night stay, (2) 50-minute individual spa treatments of your choice, $150 dining credit (can be used at either dining space), a four-course country breakfast for 2 in The Dining Room, and a bottle of Salish Lodge & Spa brut.

 

 

*The gift incentive is facilitated by CHI and the Seller and is purchased upon contract closing. Curated gift package is in addition to escalated commission value. The incentive promotion is valid only on contracts ratified and mutually accepted by March 31, 2022. This offer is subject to change or cancellation without notice.

A Grand Tour inside The Emerald

The Emerald is more than 50% sold and has now welcomed many homeowners to a prime location that enjoys the best of downtown and Seattle’s revitalized waterfront – just one block from Pike Place Market offering over a hundred unique retailers and a local farmers market. We’re excited to release a new video tour that takes the public on a unique first look inside the building amenities and model homes.

 

 

The video tour, led by Brooke Kavieff, opens with an introduction to one of Seattle’s newest residential towers, a glistening 40-story glass building with 262 signature residences rising above an iconic downtown address at Second and Stewart. The collection of modern high-rise condominiums includes studios, 1-bedroom, 2-bedrooms and 3-bedrooms plans and boasting amazing amenities spaces and first-class hospitality. The partnership with Columbia Hospitality, a Seattle-based hospitality management and consulting company, allows an exclusive experience for residents which includes specialty lifestyle perks and concierge amenities such as package assistance and services; when you’re out of town, they can check on your residence.

 

A striking architectural statement designed by the Seattle-based female led duo Julia Nagele, Principal, Director of Design – Architecture at Hewitt Architects and interiors by local interior designer Susan Marinello of Susan Marinello Interiors, The Emerald offers a variety of floorplan options ranging from approximately 579 sq. ft. to 1,189 sq. ft. with a price range from the $400’s up to $3 million.

 

 

The tour starts on the 3rd floor, an amenity level which includes features such as the state-of-the-art fitness center, yoga studio, dog run, dog wash and The Emerald Guest Suite. Next, Brooke leads us to the 24th floor model homes decorated by ASH Staging and Derive Design, describing how each may fit your individual view preferences and lifestyle needs.

 

First up, Residence 2401, a 2-bedroom, 2-bath NE corner unit, is an entertainer’s dream with incredible views North, East and West. Brooke points out that prospective homebuyers and Brokers are always surprised by the variety of views enjoyed by the building’s unique layout.

 

Next, Brooke takes us inside Residence 2404. This 1-bedroom with a den is a rare find in the Seattle housing market. The living room and den both have water views with a sliding glass door divider, the perfect fit for a Work-From-Home (WFH) dream.

 

Brooke leads viewers through Residence 2406 pointing out that this 1-bedroom, west-facing home has incredible water views across Elliott Bay all the way across to West Seattle. It’s the perfect home to enjoy a glass of wine and watch the sunset behind the Olympic Mountains and over West Seattle.

 

Residence 2407 is a highly coveted 2-bedroom, 2-bath, NW corner home with grand kitchen and sweeping views to Elliott Bay and Olympic Mountains. Available on floors 17 – 33. The den is like a tree-house in the sky with iconic views down Second Avenue to Smith Tower.

 

Off to the 39th Floor, the gem of the Emerald, where you will find the Olympic Room with its 3-story tall, all-glass amenity space showcasing all of the iconic views of the region: The Olympic Mountains, the Cascade Mountains, Mt. Rainier and Seattle’s Space Needle. The space was designed for tranquility and to maximize enjoyment of the views with sliders that open to Rainier Terrace.

 

On those sunny days, residents may venture outdoors onto Rainier Terrace, with glass barriers all the way to the ground, allowing you a rare bird’s eye view of Pike Place Market and to hear a game at Lumen Field, home of the Seattle Seahawks in the distance.

 

Additional amenities on the 39th Floor include The Emerald Veranda where residents and guests can watch a game outdoors on the exterior TV next to the fireplace, and visit in the open-air under heaters. The Emerald’s City View Room is a reservable rooftop indoor/outdoor space with sliding doors that open to a private outdoor picnic area. Here residents will enjoy Chefs grade appliances – an amazing space to entertain, especially in the evenings set to a stunning city skyline backdrop.

 

We hope you enjoyed the video tour and we look forward to inviting you inside for a personal tour of the special spaces real soon. Follow along on Instagram @theemeraldseattle and watch a series of tours through many of our neighborhood places and spaces that shape our location at The Emerald.