Debra Sinick

Archive for February, 2008|Monthly archive page

Here is the Latest on Parkplace in Kirkland, WA

In Kirkland News, Kirkland WA on February 7, 2008 at 12:54 pm

Notes from The Design Review Board Meeting on the Parkplace Development, February 4th

I went to the Design Review Board meeting on Monday for Parkplace and was pretty excited when the developer mentioned Park Lane

Kirkland’s Park Lane

 and University Village as models for the development. 

 Seattle’s University Village

 In reality, the reference to these wonderful shopping areas means the western buildings in the proposed project would have a lower profile and stepped back stories to create the urban village feel.  It’s critical this is done  so we can keep the buildings and retail stores accessible.

However, the continuing evolution (saga?)of the Parkplace design is one step closer to resolution. The Review Board meeting on Monday night was a continuation of the review process. 

The Parkplace development website has a ton of information. For those of you who don’t know, here’s a quick review of what Touchstone, the developer of the project, wants for the zoning changes to Parkplace:

  • height restrictions increased to 4-8 stories from the existing 3-5 stories.
  • setbacks reduced from the present 20 feet on Central Way to zero feet.
  • possible reduction in the 10 foot setback from Peter Kirk Park.

Here are the current stats on the proposed site:

  • 1.2 million feet of office space
  • 300,000 square feet of retail
  • 175 hotel rooms, 175,000 square feet
  • 70,000 square feet of a sports club
  • 20,000 square feet of movie theater
  • 235,000 square feet of restaurant/retail
  • 5 levels of parking with 3000+ parking spaces

Space will be divided up as follows:

  • 55-60%  buildings
  • 20-25% open space
  • 20% driveways

After designing 4 different models over the last few weeks, the project is starting to take a more “user friendly”, community, and people oriented approach to the spaces.
One of the most important changes, from an aesthetic point of view, is the large building designed to go along Central Way is now two smaller buildings, with a driveway entering from Central Way.  One of these buildings is projected to be a boutique luxury hotel with a QFC along the building’s back side. Gone is the idea of two hotels in the project, now there is only one. 

The road alongside Central Way will have a parking strip, which is an idea stressed by Robert Gibbs in his talk about the development of vibrant downtown retail areas.  Accessibility at the street level for cars and pedestrians is key for successful community use and enjoyment.

The Touchstone people brought up the concept of Park Lane and University Village, both successful two story shopping experiences. As I mentioned previously, I want to be assured the developers are keeping the western buildings in the project to a couple of stories. 

The central  open area, the courtyard is taking shape. The developers are thinking of a kiosk in the center with some some water features. They’re also looking at joining Peter Kirk Park to the project, possibly with walkways, fountains, art.  Right now, there’s a tree lined drive that would follow along the park and turn into the central part of the complex.

The other concept raised at the meeting is Parkplace and the Tera Apartments acting as a gateway to downtown Kirkland.   Parkplace would anchor the south side of Central Way while Tera occupies the north side.   The upper floors of the Parkplace building along 6th St and Central Way would step back from the lower floors to give some openness and interest to the “gateway”. There’s some thought the buildings in Parkplace would mirror the apartments, perhaps in color, materials, and design.  In addition, the corner on Central and 6th would be a soft corner with extensive landscaping.

 My question is: Would the height of the buildings create a wonderful gateway or a wall?  

By the way, as an aside, the elevator shafts for these buildings would add 16-17 feet to the actual building height.

Touchstone is making some modifications to the original design, which I see as good moves.  However, one of the key points of contention with the community is the height of the buildings.  The need for 8 stories is one of the key issues, for both sides.  Touchstone feels they need this amount of square footage to make the development viable.  The public is leery about such tall buildings. When asked about building height, Touchstone responded the technology tenants need 25-30,000 square feet for office space.  This makes sense, however, the developers need for the eight story height was not really addressed.

There are several more public open houses coming in the near future.  The next one is scheduled for February 21st at 6 PM at The Kirkland Performance Center, 350 Kirkland Ave, in downtown Kirkland.

Recycling Brought to You By Kirkland, WA

In Built Green, Kirkland News, Kirkland WA on February 5, 2008 at 3:14 pm

Kirkland Trash/Recycle barrel

Recycling in Kirkland. WA

Have you noticed these very ‘cute” new recycling containers/trash barrels down on Lake St?  Kirkland is helping to reduce your carbon footprint by providing these new fangled trash cans in which you can dump your trash and recycle that ever present water bottle.  The top part of the can is for recycled goods and the bottom for trash.  You can find three of these new cans over on Lake St. by Tully’s, Starbuck’s, and the clock tower at Kirkland Avenue.  (I wonder if the city thinks there is a correlation between coffee and recycling.)

Here is the the full news release from the Kirkland city website:

The Seattle/Eastside Commute: Sound Transit and the BNSF Rail Line

In Exploring Kirkland, Kirkland News, Kirkland WA, rails to trails on February 3, 2008 at 3:27 pm

BNSF Rail line

Like I said in my last post on the rail/trails, don’t break out the bike or your running shoes until the ink is dry and the money has changed hands.  Yesterday’s Seattle Times reported on Sound Transit’s interest in our rail line.

Since the defeat of Proposition 1, officials have been examining other commuter alternatives.  Rail advocates have been out meeting with many of our City Council.  According to the article in The Times, Mayor Lauinger has expressed an interest in some sort of rail line on the corridor.

 Mary-Alice Burleigh, who is on the Sound Transit Board and the Kirkland City Council, had this to say:

“Rail advocates make is seem that (the line) is a relatively easy and inexpensive thing to do. I’m not convinced of that.”

For starters, since the Wilburton tunnel bridge is going to be removed for 405 expansion, a new bridge would need to be built.  Commuter parking and stations will need to be constructed and spots along the rail line, such as the back entrance to Peter Kirk Elementary would need to be secured.  As we all know, the kids cross the

tracks everyday to get to school.  The fence opening marks the back entrance to the elementary school, right across the tracks.Rail line-back of Peter Kirk Elementary 

In the article and in other proposals,I have yet to see how officials plan to address issues like schools crossings.  Everyday most of the kids who walk to Peter Kirk Elementary School enter this back gate to get to the school, necessitating a walk across the railroad tracks.  I wonder how this would be handled if there was a commuter train coming along this line. 

Oh by the way, no mention of the trail in the latest article, so your guess is as good as mine.  If you know of something different, please feel free to share. If you have strong feelings either way on this issue, please do not hesitate to comment here.

Weekly Real Estate Buzz in The Kirkland Highlands through February 1st, 2008

In buyers, Kirkland News, Kirkland, WA Real Estate, market statistics, Real estate, sellers on February 1, 2008 at 10:33 pm

Update post-it (data from NWMLS) numbers in red are from the past week

Active Listings:   27(26)

New listings:  3(2) all  are re-listed properties
Sold subject to inspection:  0(0) 

Pending:  0(1)

Closed Sales:   1(0)

Contingent sale: 0(0)

Number of Price Reductions:  1(2)

Cancelled listings 1(1)

Expired Listings 0 (0)

Temporarily Off Market  1 (0)

———————————–
Number of homes available:    27(26)

0-$349,999:   0(0)

$350,000-$499,999:   4(3)

$500,000-$749,999:    7(8)

$750,000-$999,999:   8(9)

$1,000,000- $1,499,999:   5(4)

$1,500,000- $2,999,999:   3(2)
———————————–
Average Price: $957,088 ($908,512)
Median Price:   $873,550($860,800)

Average Days on Market: 76(83)

Highest Priced Listing: $2,299,950 ($2,299,950)

Lowest Priced Listing: $414,900($424,000)

My analysis of this week’s real estate buzz:

The three “new” listings of the week are both re-listed properties, homes previously on the market.  One is a new construction listing that had been on the market for most of last year.  It’s come back on the market at a slightly higher price, up $50,000 to $1,800,000.  Builders increase asking prices because their costs increase each month a finished home sits on the market.   The second re-list is priced at $1,499,950 after having been on the market last year for a few months.  The median list price is higher this week because of these two homes.

The last “new” listing of the week has actually been on the market for about 6 months.  It’s being marketed as a home or a lot with the potential for building.  It’s priced at $440,000.

There were no sales of single family homes this past week.  However, a condo  received an offer.  This listing is actually a small home located on NE 87th next to the new construction.  It comes with a terrific view.

A listing is TOMK, temporarily off the market, a listing category we have not seen recently. The seller is having work done on the home this week while the home is off the market.  When the work is complete, the home will go back on the market as an active listing.

A listing over in Hidden Hills had another price reduction, down from its original price of $675,000 to $579,000.  A contemporary home, which had come on the market last May at $879,000 is now off the market, after a final asking price of $799,950.

The closed sale of the week was for a bank repo that sold for $600,000. It was originally priced at $698,000, a 15% price reduction.

 Have a great week and don’t forget about the Design Review Board Meeting at City Hall on Monday night.  It’s a chance for you to let your thoughts be known about Kirkland’s Parkplace.

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