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Thoughts on Equinox from a reader

By March 20, 2007

Equinox

Matt: I still haven’t got to Equinox yet, but a a reader has and their comments are below. I have also heard (but not confirmed) from someone else that a number of units are being reserved for Windermere and the developer’s friends and family. I’m sure this is common practice but I really liked that for the South Lake Union projects Vulcan and John L Scott employees had to enter in the lottery with all us common folk consumers. If you’re visited the Equinox sales center be sure to let us know about your experience in the comments below or in the Equixnox forum.

There is only one studio, and it is 431 ft². The sizes for “open one bedrooms” then jump to 520 ft² and up. The studio will be offered between 245k and 263k, with a target price of 250k. This is a bit strange, because their marketing says “Condos from low 200s” and 250k to me isn’t low 200s. Interesting also that at one of their other projects, Gallery, advertisements said “Condos from the mid 200s” and they actually had several around 230k. So it makes me wonder… why are they confused as to what is mid and what is low?

Concrete and steel construction, wood flooring in the kitchen and entry of each unit. Wood flooring throughout is an upgrade, though the prices of upgrades will not be known until after PSA are signed.

One parking space per unit.

Same appliances as at Gallery, (Fisher/Paykel fridge, Bosch dishwasher, Frigidaire gas range/microwave hood, Frigidaire washer/dryer).

Homeowners Dues will be between 50c and 60c per square foot. Occupancy Q1 2009.

Slab granite counters are standard, and there are three colors to choose from. Beware, however, as they are only 2cm thick.

Presentation center is pretty basic. Full-size kitchen vignette, all three color schemes of cabinet/countertop combinations are shown.

Bathroom vignette is somewhat basic, just a tub and a sink display, not even a toilet.

Center courtyard is public with a built-in firepit, and the 7th floor has a large rooftop patio.

Update: I received an e-mail from Windermere saying that there is no preference for insiders:

Windermere agents and the developer’s friends and family are not receiving any special reservation or sales priority at Equinox.