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.

Scooting Around Seattle Begins at Second

The Emerald’s premiere location at Second and Stewart places you in the center of downtown Seattle with dozens of public transportation options, from light rail to buses and electric bikes, it’s an ideal place to live surrounded by the city’s best culinary and cultural destinations. Off to dinner or a yoga class? Scooters are a super convenient way to hop on and roll there. And, it’s easy to find your next scooting adventure around the neighborhood with Seattle’s Scooter Share program featuring four different scooter options including Lime, LINK, WHEELS, and SPIN. We’ve even been spotting more and more options onboarding like Veo, look for the black and turquoise scooters.

 

 

What is Scooter Share? Scooter share lets you rent an electric foot scooter for a quick errand, a trip to light rail, or a climate-friendly commute trip. You rent the nearest available scooter, ride it to where you want to go, and leave it responsibly parked for the next person to ride.

 

You’ll see four (or more) different types of scooters on the streets within a block or two around The Emerald. Each is available for rental through a smart phone application by the company labeled on the scooter. Download the appropriate app, follow the instructions provided, and get scooting.

 

Lime (black/green standing scooters): iOS | Android

LINK (gray/neon yellow standing scooters): iOS | Android

WHEELS (black/white seated scooters): iOS | Android

SPIN (orange/black standing scooters): iOS Android

 

Scooters gives Seattle residents a climate-friendly transportation option to take quick trips to the grocery store, to their local café, pick up take-out from local restaurants, or simply get out and enjoy the PNW views. In fact, one of our favorite Seattle streets to scoot along is Second Avenue found a The Emerald’s doorstep!

 

Sail Smoothly on Second. Start scooting on Second Avenue and enjoy smooth riding and protected bike lanes. Scoot to Seattle Art Museum in downtown and enjoy global art collections, temporary installations, and special exhibitions from around the world bridge cultures and centuries.

 

Scoot to a Show or to Show Your Home Team Support. Take a ride over to Climate Pledge Arena on the protected bike lanes and visit the arena, home to the NHL’s Seattle Kraken, WNBA’s Seattle Storm, and the world’s biggest performers of live music and events. There are 170 short-term bike racks on the arena plaza and nearby where you can park a rental scooter.

 

Scoot to Olympic Sculpture Park. Pick a sunny day and pack a picnic from your favorites at Pike Place (Brooke recommends Michou Deli. Watch her DITL video for specific tips on what to order!) Scoot down Second Avenue to take in the monumental artworks at this award-winning nine-acre sculpture park along the waterfront. This is Seattle’s largest downtown green space.

 

Scoot then Stroll. Catch a First Thursday Art Walk at Pioneer Square. Since the early 1960s, Pioneer Square has provided a haven for Seattle’s artistic community, housing esteemed galleries, innovative exhibition spaces, and working artist studios alike. Today, Pioneer Square is the center of Seattle’s art scene, exhibiting the depth and range of the vibrant Pacific Northwest arts community, all within one square mile.

 

Roll to Pike Place Market. Skip the walk and scoot instead. Whether you’re grabbing a meal kit at Kitchen and Market plus some fresh flowers or planning to brunch and pop into your favorite shops, there’s always something to discover and explore at “the soul of Seattle”, spanning nine historic acres mere minutes from our doorstep at The Emerald.

 

Two-wheel travels feel safer with the new 4th Avenue protected bike lane through downtown Seattle complete. Crews completed the final sections of the new protected bike lane with connections to the broader Center City Bike Network in and around downtown Seattle. This protected bike lane now runs uninterrupted along 4th Avenue from Vine Street in Belltown down to Yesler Way in Pioneer Square. The protected bike lane not only separates people biking from moving vehicles, but it also separates the signal phases for all users, meaning drivers won’t need to yield across people walking and biking to make left turns.

 

Future plans include connecting a new 2-way bike path along the Seattle waterfront near The Emerald that will serve commuters, visitors and families. The bike path will have raised buffers on both sides to separate people biking from people walking and driving, and it will include accessible traffic signals at pedestrian crossings to ensure a safe experience for all. People riding bikes on the existing Elliott Bay Trail near the Olympic Sculpture Park can join the waterfront bike path at Bell St, continuing down to join the existing Elliott Bay Trail at S. King Street.

 

You can scoot there! Come explore life at The Emerald and see for yourself why so many have decided to make our prime location their home where each residence reflects the sky, elements and natural beauty of the Pacific Northwest, interpreted for contemporary living. Luxury condominium homes are move-in ready, please contact us to schedule a tour.

 

 

Limited-Time Interior Design Offer with ASH at The Emerald

The Emerald’s model home design partners at ASH Staging, a division of ASH NYC were recently included in Architectural Digest’s World’s Top 100 Designers. For the fourth consecutive year, they’re the only staging service from an AD100 firm! The New York and California-based company is known for combining historically compatible disciplines under one roof—including design, development, hotels, staging and products—and The Emerald marks the company’s debut in Seattle. Now you can experience the assistance of award-winning design to style your new home at The Emerald.

 

 

From now through March, when you purchase a home at The Emerald, ASH Staging will help you create the perfect interior with a Custom Design Package. Receive a custom ASH-designed floor plan with furniture layout and placement, ASH-curated Design inspiration ‘lookbook’ and 15% discount to full interior design contract where the ASH team will source the items for your new home based on The Emerald model homes (for duplicate Panoramic Collection plans only). Several new homeowners have jumped at this chance to create their perfect space and you can too!

 

Andrew Bowen, Head of ASH Staging describes the ethos of styling residences for public viewing: “When designing the Model Residences for The Emerald, we carefully considered Seattle’s significant tech community. The property itself is located in the beating downtown heart of the city, so there’s an incredible metropolitan landscape surrounding it. However, when you enter the residences, you’re greeted by enormous floor-to-ceiling windows framing the expansive views of the Puget Sound which creates an interesting tension between the human-made and natural world. We aimed to celebrate this dichotomy in our designs by utilizing a color palette that echoed the deep blue water, dark green foliage, and soft white clouds unique to the Pacific Northwest, mixed with a selection of machine-age materials and tones. The end result, we feel, is a design that speaks to a notably contemporary — and almost futuristic — lifestyle, but also retains a sense of romanticism and a respect for the organic.”

 

When adding personal touches, the ASH Staging design team shares this suggestion for new homeowners:

 

“I would say start by keeping close your non-negotiables, and then building a story around those items to ensure they have a proper place in your new home. Perhaps there’s a family heirloom that has been passed down generations, or a handmade memento created at an earlier stage in life; by incorporating and proudly displaying these items, we connect both ourselves and our visitors to the broader spectrum of our genuine selves. So it’s best to not leave them as an afterthought, as they then might not make it into the completed picture.”

 

*The incentive amount is paid direct to ASH by Seller at closing. Custom designed floor plans will take one week to create. Furniture curation only offered for Panoramic Collection homes and for an exact replica of the model home. This offer is subject to change or cancellation without notice. The incentive promotion is valid only on contracts ratified and mutually accepted by March 31, 2022.

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.