Olive 8 · 1635 8th Ave, Seattle · Downtown / Capitol Hill edge

Olive 8: Seattle's LEED Gold luxury tower between downtown and Capitol Hill.

229 residences. 21 floors. Hyatt hotel co-location, LEED Gold certification, and the most walkable position between downtown Seattle and Capitol Hill. RexMont tracks every Olive 8 resale and has the floor-level comp data to guide buyers and sellers precisely.

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Building at a glance

Address: 1635 8th Ave, Seattle WA 98101
Developer: Vulcan Real Estate
Year delivered: 2009
Floors: 21
Total residences: Approx. 229 condominium homes
Floor plan range: Studios, 1BR, 2BR, 3BR

Building specs

Vulcan Real Estate's LEED Gold tower at the downtown–Capitol Hill junction.

Olive 8 was developed by Vulcan Real Estate — Paul Allen's development arm, responsible for Nexus, Two Lincoln Tower Bellevue, and much of South Lake Union's transformation. LEED Gold certification distinguishes Olive 8 from most Seattle towers of its vintage, with building systems designed for long-term efficiency and lower operating costs embedded in the HOA.

Address: 1635 8th Ave, Seattle WA 98101
Developer: Vulcan Real Estate
Year delivered: 2009
Floors: 21
Total residences: Approx. 229 condominium homes
Floor plan range: Studios, 1BR, 2BR, 3BR
Green certification: LEED Gold
Hotel co-location: Hyatt at Olive 8
Neighborhood: Downtown Seattle / Capitol Hill edge

Amenity stack

Full-service amenities plus Hyatt hotel infrastructure below.

Olive 8's on-site amenities cover the core luxury residential stack — concierge, fitness, rooftop terrace, and residents lounge. The Hyatt co-location adds a professional hospitality management layer and select hotel service access that most independent residential towers don't offer.

View orientation

Elliott Bay to the west. Capitol Hill and Lake Union to the north and east.

Olive 8's position between downtown and Capitol Hill creates four distinct view corridors. West and northwest units command the building's highest premiums with Elliott Bay and Olympic Mountain exposure. East and north-facing units offer Capitol Hill canopy and Lake Union views at a meaningfully lower price per square foot. RexMont walks every buyer through the floor-by-floor premium spread before any offer.

West / Northwest

Elliott Bay, Olympic Mountains, Puget Sound

The premium orientation at Olive 8. Upper west-facing floors open to Elliott Bay and the Olympic range — the standard benchmark view for Seattle luxury condo buyers and the building's highest per-square-foot readings.

North

Capitol Hill, Lake Union, Cascade Mountains

North units at Olive 8 face toward Capitol Hill and pick up Lake Union and Cascade views on higher floors. Popular with buyers who want a greener, residential feel versus the water-facing premium.

East

Capitol Hill, Cascade foothills, First Hill

East-facing units overlook the Capitol Hill and First Hill canopy — quieter residential views and morning light. The value entry point inside the building with the same LEED-certified systems and hotel amenity access.

South

Downtown Seattle core, Pioneer Square, Mount Rainier

South units face the downtown Seattle skyline with Mount Rainier on clear days. Strong light, urban energy, and a city-facing view that upper floors deliver without obstruction.

Location & commute

Two light rail stations, Amazon HQ, and Capitol Hill — all within walking distance.

Olive 8's 8th and Olive position sits within walking distance of both Capitol Hill and Westlake light rail stations, the Seattle Convention Center, Amazon's South Lake Union campus, and First Hill medical centers. Few Seattle addresses deliver this combination of transit, employment, and neighborhood access without a car.

Capitol Hill light rail station (Link)6-minute walk
Westlake Center / Link light rail8-minute walk
Pike Place Market10-minute walk
Amazon HQ (South Lake Union)12-minute walk
Seattle Convention Center4-minute walk
First Hill (Swedish, Virginia Mason)5-minute walk
Capitol Hill restaurants and nightlife8-minute walk
I-5 access2–3 minutes by car

Why work with RexMont

LEED buildings, hotel co-locations, and boutique comp pools all require specialist knowledge.

Olive 8's combination of LEED Gold systems, hotel integration, and its Capitol Hill edge positioning creates a buyer and seller profile unlike any other Seattle tower. RexMont understands these differentiators and builds every Olive 8 strategy around the buyers and pricing dynamics specific to this building.

LEED Gold — Vulcan's sustainability commitment baked into the building

Olive 8 is one of the few Seattle residential towers with LEED Gold certification. That's not just an environmental credential — it translates to more efficient building systems, lower common-area energy costs, and reduced long-term operating pressure on the HOA. For buyers who plan to hold long-term, energy-efficient buildings tend to age with lower capital reserve pressure than conventional towers.

Hyatt hotel co-location: hotel services without hotel pricing

Olive 8 residences sit above the Hyatt at Olive 8. Residents have access to select hotel amenities and the building benefits from professional-grade hospitality management in shared spaces. Buyers familiar with Avenue Bellevue or the Four Seasons Residences will recognize this model — hotel co-location brings service standards that independent condo buildings rarely match.

The downtown-Capitol Hill edge is underpriced relative to what it delivers

Olive 8's position at 8th and Olive puts it at the intersection of downtown's professional core and Capitol Hill's restaurant and nightlife density — walkable to both, dominated by neither. Buyers who work downtown and want to access Capitol Hill without a car find this address consistently outperforms its price point relative to pure-downtown towers.

Vulcan Real Estate — the same developer as Two Lincoln Tower and Nexus

Vulcan Real Estate, founded by Paul Allen, developed Olive 8 alongside projects like Nexus and components of South Lake Union's urban transformation. Vulcan's build quality and design standards are well-documented in the Seattle market. Buyers who've considered Nexus or other Vulcan projects will find consistent quality standards at Olive 8.

Selling at Olive 8

LEED Gold, Vulcan quality, and Capitol Hill access — differentiate what makes Olive 8 unique.

Selling at Olive 8 requires a strategy that leads with the building's three headline differentiators: sustainability certification, hotel co-location services, and the downtown–Capitol Hill positioning. Generic Seattle condo marketing misses the buyer profile this address attracts. RexMont builds the strategy on Olive 8-specific data and targeted outreach to the buyers most likely to value these specific qualities.

LEED Gold certification as a tangible differentiator — energy-efficient building systems reduce HOA operating pressure and are a selling point with environmentally motivated buyers
Hyatt hotel integration story — professional hotel management and amenity access is a lifestyle feature worth leading with in listing copy
Capitol Hill edge positioning — buyers who want urban density without pure downtown pricing are a deep and active buyer pool for Olive 8
Comp data at the unit level — Olive 8-specific resale data anchors pricing precisely rather than relying on a downtown condo average
Vulcan brand recognition — buyers familiar with Nexus and Two Lincoln Tower recognize the quality standard, which shortens due diligence and builds confidence faster
Photography that captures the Capitol Hill / downtown dual access — the location story is as important as the views at this address

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FAQ

Olive 8 questions buyers ask us most.

What is Olive 8 Seattle?

Olive 8 is a 21-floor LEED Gold certified mixed-use condominium tower in downtown Seattle, delivered by Vulcan Real Estate in 2009. The building sits above the Hyatt at Olive 8 hotel with approximately 229 residences across studios, one-bedroom, two-bedroom, and three-bedroom floor plans. Its location at 8th Ave and Olive Way positions residents between the downtown core and Capitol Hill.

What does LEED Gold mean for condo buyers at Olive 8?

LEED Gold certification means the building was designed and constructed to meet high environmental and energy-efficiency standards. For buyers, this translates to more efficient common-area systems, lower long-term energy costs embedded in the HOA operating budget, and building materials and systems that were specified with sustainability in mind. It's a meaningful factor for long-term hold buyers comparing Olive 8 to non-certified towers of the same vintage.

Does living at Olive 8 mean I get Hyatt hotel access?

Olive 8 residents benefit from the hotel co-location — the building is managed with hotel-grade service standards, and certain amenities draw from the shared building infrastructure. The specific scope of resident access to Hyatt services varies and should be confirmed in the current HOA and building rules. RexMont reviews these details as part of the offer process.

How much do Olive 8 condos cost?

Olive 8 pricing varies by floor, orientation, and floor plan. The building's LEED Gold certification, Vulcan developer pedigree, and Capitol Hill edge position tend to hold value well relative to other 2009-vintage Seattle towers. RexMont sends active buyers a current availability sheet with active resales and recently closed comps on request.

Is Olive 8 close to light rail?

Olive 8 is approximately a 6-minute walk to the Capitol Hill Link Light Rail station and an 8-minute walk to Westlake station — two of the most-used stations on Seattle's light rail system. Capitol Hill station connects south to downtown, the airport, and Beacon Hill; north to the University District and Northgate. This puts Olive 8 among the most transit-accessible addresses in Seattle's condo market.

How does Olive 8 compare to Escala or Spire?

Escala is the deepest amenity package in Belltown — rooftop pool, spa, screening room, wine room — with a 15-year resale history. Spire is the newest delivery (2022) with automated parking and the freshest building systems. Olive 8 offers LEED Gold sustainability credentials, Vulcan build quality, hotel co-location, and a Capitol Hill edge position that neither Belltown tower matches. The right choice depends on whether the buyer prioritizes amenity depth, new construction, or walkability to Capitol Hill.

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Get current Olive 8 availability and recent comps.

Tell us your target floor plan, view preference, and budget. We'll send active resales, recent closed comps, and a floor-by-floor view premium breakdown so you can evaluate every option before a showing.