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Element 20 Appears on the Market
Okay, I’m about a week late on this one, but they’re still available… so… Element 20, the condo project in the 2300 block of Yakima Avenue and Court G is now available for sale. The units on MLS so far range in price from $389k for a 2 bedroom with 2.5 baths to $429k for 3 bedrooms 3.5 baths. They all seem to be in the 1500 plus or minus 200 square feet range. The project’s fourth floors are framed up.
With Lexington Square – down the hill at 23rd and G – also framing up, this neighborhood is continuing to evolve. Give us a little commercial and we may have something here.
Listed with Urbane Developments
Link | Posted on 5. May 2008, 18:36
Commenting Is Open
Comments are allowed for two weeks from the posted date.
If you have something to say, say it now!
Im shocked they went forward with this project considering that Metro has slashed their prices and McCarver still has nearly dozen left and some of the first phase back on the market as resales. I also noticed they put the old methadone clinic back on the market several weeks back.
1 | Posted by Old Timer | May 5, 08:55 PM
I also noticed they put the old methadone clinic back on the market several weeks back.
Yes. A great many people had hoped that they would go ahead with the conversion of the methadone clinic. This area of Tacoma Avenue is pretty dead and desolate. The historical Goodwill building is nearby but vacant.
2 | Posted by Erik B. | May 5, 09:22 PM
Give it time, Yakima’s a great street, I’ve always thought it was a “lost street” ready for something down the road. It’s going to have a great view of the campus in 20 years. Heck, you might even regret all those coeds barfing on your electric car’s fenders by then if you buy in now. Something to look forward to for sure dude.
3 | Posted by jdub | May 5, 09:43 PM
I have heard a few time that Metropolitan Development is going to start the mixed-use building next when they are done with the Walker.
The Tahoma Townhomes (more of a condo type building) on Yakima Ave. between 19th and 21st Street might be getting started soon. There was a permit issued and there are some new markings on the alley.
Now if the city would just get the streetcar on Yakima instead of running it down MLK then back the other way down J Street. Take it down MLK and then Yakima! And Yakima would be a great street to bring it over across I-5.
I have a photo set of the McCarver Neighborhood taken a few weeks ago: McCarver Neighborhood Photos
4 | Posted by Jake | May 5, 10:05 PM
Oh and the 2nd phase of Lexington Square will be live/work lofts: “Phase II to include ground floor Flex-Live-Work Spaces
and Personal Elevators
5 | Posted by Jake | May 5, 10:11 PM
Metropolitan RED recently had their SEPA threshold determination issued for a seven-story building at 25th and Yak. If that gets built, it will serve as an anchor to the upcoming neighborhood. The Destination Downtown Plan envisages an entire neighborhood of mid-rise buildings, instead of the low-rise townhouses that have been constructed thus far.
Metropolitan’s website has been under construction for weeks…I’m dying to see some indication of their future plans.
6 | Posted by drizell | May 6, 12:12 AM
The Destination Downtown Plan envisages an entire neighborhood of mid-rise buildings, instead of the low-rise townhouses that have been constructed thus far.
Yes, so much the better. Hopefully, the townhouses will eventually establish enough stability in the area for some larger buildings.
Metropolitan RED recently had their SEPA threshold determination issued for a seven-story building at 25th and Yak. If that gets built, it will serve as an anchor to the upcoming neighborhood.
There much be half a dozens projects now we are waiting for with that description. One day.
7 | Posted by Erik B. | May 6, 12:24 AM
I like the contemporary style of Element 20 & McCarver Village.
This hillside is a prominent backdrop when approaching the city from the 509 bridge, and what’s immediately seen impacts the viewer’s perception. The two housing complexes especially complement the convention center, glass museum, art museum, St. Joseph Hospital, Thea’s Landing, Wells Fargo Building and the Columbia Bank Building.
These buildings exemplify that Tacoma welcomes innovation.
8 | Posted by Mofo from the Hood | May 6, 09:03 AM
Lexington Square’s design is really creative with the rooftop area for lounging, grilling and hot tubbing. Brilliant: live/work space + personal elevators (5 floors counting garage). A woman’s in charge of this one.
You can walk up the steps and check out the rooftop deck – I did last weekend. Views will not be blocked by future construction. 2 big trees coming down :( will further open up the view.
9 | Posted by Jennifer | May 6, 12:31 PM
Please please please no more of this hideous architectural garbage!
I don’t understand the appeal of these aesthetically impractical fad buildings. Look at the Auburn Supermall for an example of how this will look to you in ten years.
I think this building could be pulled off; I don’t mean to damn this particular one. But I have yet to see it happen with these “modern style, forward-thinking residences” in Tacoma.
10 | Posted by Stuart | May 6, 12:47 PM
What’s missing from this picture?
M O N O R A I L
11 | Posted by Mofo from the Hood | May 7, 08:42 AM
Many people looking for a place to live in for many years think about whether they will be unable to climb stairs in late years (if you’re too young, think of your parents), yet with a private garage, townhomes are desirable over condos. Aside from the outer architecture, its a solution to have personal elevators. This plus having studio/work space which can provide income in later years, make them very practical.
12 | Posted by Jennifer | May 7, 10:53 PM
The drawings look like Graham Cracker boxes with cardboard butterfly wings on top. Very ‘Art Deco’, but in an “Oh, my God, what were they thinking” sort of way.
All this can be yours for just a half million. I think I just threw up in my mouth a little.
13 | Posted by J. Cote | May 9, 11:10 AM
Quote: “I think I just threw up in my mouth a little.”
I’ve been doing that for a long time now.
Why in the world are they building so many condos in this city? And how can they justify charging those outrageous prices?
I would never ever even think about paying those prices, especially in one of the worst parts of this city.
I grew up in Tacoma and have lived in many places when I was young. I moved to Seattle and stayed there for 18 years, only to come back here to take care of my elderly parents.
I was in culture shock when I came back here and really, still am.
What happened here?
Downtown and many parts of Tacoma look like a ghost town to me.
It seems like the the real estate prices are similar to Seattle’s.
For what?
What does this city have to offer to justify outrageous real estate prices?
14 | Posted by zentricity | May 9, 05:38 PM
Similar prices to Seattle?
Just for comparison of a developer who is building in Seattle and Tacoma (in the same neighborhood as above):
Metro Homes (Tacoma): Starting at $243K for 1,204 sqft 2 bedroom, 2 bathroom
25 on the Park (Seattle): Starting at $533k for 1,062 sqft 1 bedroom+den , 1.5 bathrooms.
15 | Posted by Jake | May 9, 06:43 PM