Wine Storage Soars in a Downsized Market
"Downsizing" in Seattle has become as prestigious as purchasing on Lake Washington Boulevard. The number of luxury property developments in-city has grown with staggering dedication, and people are buying. Many of the new builds feature top-of-the-line everything, amenities for days, and with Emerald City vistas to take your breath away - it is hard to ignore the appeal.
The problem many have found in downsizing is what to do with larger collections. More specifically, wine. Developers with a keen eye for trends, and accurate reads on their buyers, have taken steps to ensuring more seamless transitions from half-acre lots to 24th floor homes. The read? Wine cellars. Buildings such as Escala, 1521 Second Avenue, and The Four Seasons Private Residences, all offer state-of- the-art wine storage storage facilities for their homeowners (the Four Seasons offers capacity through their famed restaurant on property). But for some, this simply is not enough.
Enter our regions growing wine storage business. Facilities such as Elliot Avenue Wine Storage have seen enough recent growth (and expect more) to justify the expense of hefty expansions. Their facility, though not high on frills reflects pure function. Fred, the colorful-charismatic who runs the operation takes dedicated monitoring to new levels (I heard mention that Fred once refused entry to an owner's wife whom he had never personally met!).
Elliot Ave. Wine Storage is not alone. In fact, storage options around the city and now on our "Eastside," have seen growth with newer shops in the most coveted of neighborhoods - Mercer Island (Cellar 46) and Bellevue (Wine Storage Bellevue) in particular.
It seems as these two trends continue to gain steam, downsizing homes and collecting wine, the wine storage business has plenty of room to grow.