Every once in a while I'll read something along the lines of "Paul Allen filled South Lake Union with million-dollar condos." I've even seen
apartment buildings like Alley24 mistaken for condos. Well, the good news is that there finally really is a million dollar condo on the market, though it's not from Vulcan. The
Zillow description says it best:
The Art Stable is a seven-story loft building in South Lake Union's Cascade neighborhood. Designed by celebrated architect Tom Kundig, the steel and concrete structure features a unique geothermal heating and cooling system. The building contains five contemporary lofts designed to accommodate buyer's creativity and use. Each unit includes two secure, above-grade parking stalls. Construction of the Art Stable is underway with completion scheduled for September 2010
.
I've empirically verified that construction really is happening, so I guess in about a year 516 Yale Ave N Unit 600 could be yours for just $1.85m. I'm just hoping they put a Bartell Drugs in for ground-floor retail.