Fifteen Twenty-One Second Avenue Condominiumwins ANOTHER award!
SEATTLE – Oct. 15, 2009 –Opus Northwest today announced that its Fifteen Twenty-One Second Avenue condominium development in downtown Seattle received top honors at the annual Multifamily Executive Awards Gala in Las Vegas. The 440-foot-tall tower won the 2009 Grand Award for the Project of the Year in the prestigious High-Rise category.
Over the past decade, Multifamily Executive has honored the industry’s best and brightest with its exclusive MFE Awards. The gala was attended by more than 500 people annually and attracted more than 200 entries from across the United States.
“We’re very proud of this recognition, as it substantiates the continued success of our sellout process,” said Andy Taber, Senior Real Estate Director for Opus Northwest Seattle, who accepted the award on behalf of the entire development team. “The same week that we took home this award, we closed on our 90th sale! a solid affirmation of the truly limited opportunity to live in a widely acclaimed landmark.”
Project-of-the-year award finalists must demonstrate innovation in architecture, floor plan efficiency, suitability to a target market, creative use of materials, interior design, landscaping, creative financing solutions and the ability to work with government and community officials.
“In a truly tough economy, this year’s winners not only showcase the talent and creativity of the multifamily industry but also the business acumen to transform neighborhoods and submarkets with innovative solutions to difficult real estate sites,” said Rachel Azoff, managing editor of Multifamily Executive magazine. “Opus NW used creative construction techniques to design a luxury high-rise on an extremely tight site. Fifteen Twenty-One Second Avenue is a brilliant addition to the Seattle skyline.”
MFE Awards judges define a high-rise as a building of at least 12 stories.
Positioned a short walk from Seattle’s Pike Place Market and offering unmatched views of Puget Sound and the Olympic Mountains beyond, the 143-unit condo project was designed by Seattle-based architectural firm Weber Thompson and Opus Architects & Engineers, the architect of record. Realogics handles marketing and sales.
Starting at $1 million, and averaging $1.9 million per home, sales in the luxury condo buiding constituted more than half of the top 25 residential sales closed in King County in recent months.
The Fifteen Twenty-One Second Avenue development team has been recognized with more than two dozen peer-reviewed honors for excellence in design, development, marketing and sales. Most recently the project was honored as the West Coast’s Outstanding High-Rise at the Pacific Coast Builders Association’s 2009 Gold Nugget Awards in San Francisco.