Here’s the bottom line about the new Volta Apartments in Belltown: They are very nice, high-end contemporary units that could make a sizable dent in your bottom line, depending on the apartment you choose. Studios start at $1,895, two bedrooms rent for $3,250, and the penthouse units top out at $6,500.
Urbnlivn has been following this project at the corner of 1st and Bell since late 2007. Its birth has been eventful to say the least, thanks in large part to being conceived just as the Seattle housing market reached the summit and fell back to earth. The building started off as condos, considered switching to apartments, confirmed as condos, changed its name (it used to be the Alex), foreclosed, adopted new parents, and then re-entered the world as apartments. Construction wrapped up recently and pre-leasing began this month.
We stopped by yesterday to tour the concrete and steel building. There are 34 units spread out over 8 floors. The units on the 4th and 8th floors are the most expensive because they have premium finishes and, in most cases, their own outdoor deck. The penthouse unit that faces Puget Sound is amazing. We’ll post a separate blog about that.
All of the units feature the “highest quality” wood flooring, quartz countertops, central heating and air, stainless steel appliances, in-unit washer and dryer and other condo-grade finishes. The leasing agent says the units feature four-pane windows, which is the first I had heard of them in Seattle. Speaking of hearing, even with four panes, if you live on the west side, you can hear a hum from Highway 99 a block away. On the east side, it is fairly quiet.
Before we bore you with more information, here’s more eye candy…
I do want to point out a few unique features. Some units have movable wall panels that separate the living room from the bed area. One of those panels have a flat screen TV embedded in it. A few units have exposed concrete walls in the bedroom which are adorned with a cool sliding door leading to a walk-in closet.
Here are some price points…
Studios: 524 sq. ft. – $1895 – $2595/mo
1 bedroom, 1 bath: 724 sq. ft. – $1925/mo
1 bedroom, 1.5 bath: 715+ sq.ft. – $1995-$3995/mo
1 bedroom, 1 den, 2 baths: 907+ sq.ft. $2450-$3495/mo
2 bedrooms, 2 baths: 1055 sq.ft. $3250/mo
Parking is not included in the rent. Regular spots go for an additional $225/mo, while larger parking spaces will be more expensive.
While these rents might strike some as high, the leasing manager says they have already leased eight of the 34 units, mostly in the lower floors. The leasing office is now open five days a week. For more information and to schedule a tour, go to Volta‘s website. The leasing team is planning an open house on or around April 10th. The event would be formatted like a “pub crawl” with local vendors featured in each apartment.