Work on 1 Hotel & Residences (website) has been delayed till early 2008 prompted by a design change and a city moratorium on heavy concrete work during the holidays.

Boosted by considerable interest in the City Suites, individually-owned condo units available for rental through the hotel, the developer is reconfiguring the design by replacing three floors of traditional condo units with City Suites. As a result, traditional condo units will be reduced by 47. The developer feels there is a demand for these unique homes as 100 of the 110 available City Suites have been reserved so far, ranging from $500,000 to $1.4 million.

Please visit the Seattle Condos and Lofts blog for more information on 1 Hotel & Residences.