The popular West Coast cities of San Francisco, Los Angeles and Vancouver have long been the most direct routes to New World prosperity for Asian immigrants and their families. Now that generations of Chinese buyers have transitioned to life in North America, their experience and trend spotting is bringing to bear more practical considerations of economic fundamentals, financial and educational opportunities, and overall quality of life. So it’s no surprise that relative affordability, propensity for capital appreciation and even a recently imposed 15-percent foreign homebuyer tax in Vancouver, are boosting interest in alternative markets like Seattle—the next international gateway city on the rise.
Category: Seattle (13)
Weber + Thompson released some preliminary renderings of the lobby and plans for the ground level of NEXUS to include a boutique, 400 sq. ft. specialty coffee shop that’s open to the lobby, and a destination 2,800 sq. ft. restaurant and bar.
The building will be accessed across a water feature along a catwalk with frameless glass on either side, creating a portal experience that separates the resort style lobby from the street.
In a feature for the Seattle PI entitled “Historic palace hidden near Seattle,” Kirsten O’Brien highlights Chapel Lane Estate, our client’s stunning home in The Highlands. As O’Brien notes, “at first glance, it may seem like this home belongs in the English countryside rather than in the suburbs of Seattle. Take a closer look, however, and you’ll find that every detail — from its location down to its filigree moulding – is quite intentional.”
In a recent article published by the Seattle PI, Daniel Demay declares “Seattle among the World’s Most ‘Future-Ready’ Cities,” according to a report released by Dell. As Demay begins, “say what you will about the tech boom in Seattle – it’s good for having a future-ready economy” as it was ranked 13th among 50 cities around the world.
Referencing the release from Dell, the article reads, “‘We live in a digital age in which the power of innovation to transform our world is all around us,’ said Liz Matthews, Dell’s executive director for corporate brand and purpose, in the release. ‘The cities where we live are faced with new challenges every day, from supporting a growing population and building a thriving culture, to fueling economic opportunity for everyone.’”
Last month, US News released their annual ranking of top U.S. cities to live in, and according to their calculations, Seattle ranks 7th in a comparison of 100 of the nation’s top cities. The list is based on a methodology incorporating the job market index (20%), value index (25%), quality of life index (30%), desirability index (15%) and net migration (10%). What elevated Seattle to the top? As Naomi Tomky describes, “for many, living in Seattle has as much to do with what’s outside the city as what’s inside. Less than an hour from downtown, residents escape for the day or weekend to wineries, ski resorts, hiking trails and sprawling parks. Seattleites bring that love of nature into the city as much as possible, enjoying Seattle’s parks and tree-lined streets” in addition to what Tomky says is an inherently calm and patient attitude.