Madison Lofts – new condominium loft community in Seattle’s Madison Valley.
Madison Lofts is a new 20-home loft condominium on Seattle’s Madison Street, adjacent to the Arboretum. Despite its boutique size, the building is concrete-and-steel construction with private rooftop decks, oversized patios on the lower floors and air conditioning in every home, quality typically associated with high-rises. This created a challenge in a small building as the construction costs are much higher than a wood-frame building, and buyers are often unable to distinguish the difference. An additional challenge was the location in that there are no other condominiums built in the area, let alone at the quality and price point of this product.