Insignia To Cost $450 Million

The PSBJ has a Q&A with Insignia’s developer, Nat Bosa. Two most interesting facts. The project is costing $450 million and the sales center should be open after Labor Day. He also gave a little detail on pricey and amenities:ipqa bosa nat 02 304 Insignia To Cost $450 Million

When will you start selling units at Insignia, and how much will they cost?

We’re starting with the south tower. Units will range from one- to three-bedrooms and sell from the high $400,000s to about $2 million. It’ll be loaded with amenities, including a sky lounge on the 41st floor, a sky pet retreat, and a roof terrace with barbecue areas on the top floor of the podium. I think the sales center will be open after Labor Day.

Interestingly they won’t be using local marketing or sales teams.

About Matt

Matt , Urbnlivn's publisher, has a love for lofts with industrial features and new construction condos that is only eclipsed by his passion for outdoor sports and urban living. Phrases such as “polished concrete” and “exposed brick” are music to his ears. You can also find Matt on Twitter or skiing.

  • http://twitter.com/iampeterk Peter K

    Nat Bosa is one of the smartest in the business. He usually sees opportunities 3-5 years before other developers. That’s why we are starting condos in Seattle as well…

  • phil

    You will get some living space for your money too…

    “The larger condos will have three bedrooms, and the smaller ones will
    range from one-bedrooms in the 800-square-foot range to two-bedrooms
    that will be about 1,500 square feet.”

    I don’t know what they expect to do with all those parking spaces. Last I heard, they were under-utilized already in Belltown.