{"id":382,"date":"2006-08-31T12:18:00","date_gmt":"2006-08-31T19:18:00","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=382"},"modified":"2006-08-31T12:18:00","modified_gmt":"2006-08-31T19:18:00","slug":"condos-mini-micro-nano","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2006\/08\/31\/condos-mini-micro-nano\/","title":{"rendered":"Condos: Mini -> Micro -> Nano"},"content":{"rendered":"

Downtown Seattle: decent jobs, passable entertainment, increasingly unaffordable housing. So what’s the solution? According to today’s P-I, the time has come for the incredible shrinking condo<\/a>.<\/p>\n

Park two of GMC’s biggest Sierra pickups next to each other. That’s a lot of truck, but a small condominium \u2014 at least by Seattle standards.<\/p>\n

But a local developer is betting Seattle urbanites are primed to carve out their own two-truck chunks of Belltown. The moda condos, set to break ground in October, promise "New York-style living," with units as small as 296 square feet that start at $149,950.<\/p>\n

"I think there’s unmet demand for affordable new construction in downtown," said developer G. David Hoy, president of HMI Real Estate Inc. "I also believe downtown needs more diversity."<\/p><\/blockquote>\n

You have to respect a guy that can so artfully spin what is essentially a glorified dorm room with phrases like "affordable new construction" and "diversity." I guess this is what it takes to get into a home downtown. I don’t doubt that there will be plenty of people anxious to get their very own 296 square feet of American Dream\u2122.<\/p>\n

I think I’ll get a few steps ahead of the curve, and look into opening an outlet where I can sell the affordable housing of the future<\/a>.<\/p>\n

(Aubrey Cohen, Seattle P-I<\/a>, 08.31.2006<\/i>)<\/p>\n

\n
Seattle Bubble Tip Jar<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Downtown Seattle: decent jobs, passable entertainment, increasingly unaffordable housing. So what’s the solution? According to today’s P-I, the time has come for the incredible shrinking condo. Park two of GMC’s biggest Sierra pickups next to each other. That’s a lot of truck, but a small condominium \u2014 at least by Seattle standards. 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