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New Construction Pipeline for 2017

By January 5, 2017

Gridiron, Hendon, Insignia Condos, Luma, NEXUS, Residences at Fairview, The Odessa

Here’s a look at all the big new construction projects around town.

Since our last update in November, Luma has sold out and Insignia is down to just two units in the north tower. In 2017, we’re expecting only three condo projects to complete, Gridiron, Hendon and the Odessa. We also expect projects like Bryant Heights, Fort Lawton and Rally to sell out early in the year, leaving not much in the way of big new construction projects. In terms of single family and townhome new construction, we expect to see a little more than what we saw in 2016, which was approximately 1,500 sales.

If you’re thinking of buying a new construction, get in touch! We’ve toured all the condos, been through many new construction single-family homes and townhomes and have helped many buyers navigate pre-sales at Insignia, Luma, Hendon and Nexus. You can reach me at matt@urbnlivn.com or 206-618-1600.

Selling Now

Bryant Heights
14 single family homes, 12 sold, 2 for sale. Here is one on the MLS

39 townhomes, 5 sold, 24 available. Here is one on the MLS
Move in date: as they sell

Fort Lawton – Officer’s Row – 54% sold
13 houses, 7 sold and pending, 6 available from $2m to $2.9m
Move in date: as they sell

Gridiron – 32% reserved
107 units, 34 — not updated since October
Move in date: September 2017

Hendon Condos – 31%
32 units, 10 pre-sale (-1 since last month)
Move in date: summer 2017

Insignia North Tower – 99% pending and closed
348 units, 346 closed + pending, 2 for sale
Move in date: now

Nexus – 83% reserved
374 units, 310 reserved
Move in date: 2019 or 2020
Note: first position reservations on two bedroom / two bathrooms start around the low $900,000s with second positions available from the mid-$300,000s upwards. There are 103 second position reservations. Breaking ground in January. Sales center opening mid-February.

The Odessa – 66% pending
3 units, 2 pending, 1 off market
Move in date: summer 2017

Rally – 55% sold & pending
27 units, 15 sold & pending — not yet updated. Here is one on the MLS.
Move in date: now

Residences at Fairview – 76% sold
21 units, 5 available

Toll Brothers – Seattle Children’s Home Campus at 901 W McGraw St
58 townhomes
Move in date: ???
Notes: demolition has begun

Coming soon – Seattle

U Place at Union Bay
244 units
Notes: has broken ground

Urban Green Villa
116 units
Notes: hasn’t broken ground yet

616 8th Ave S
14 units

168-Unit Condo Proposed in International District

Future possibilities – Seattle

Coming Soon – Bellevue

Future possibilities – Bellevue

I’m a real estate broker and the publisher of Urbnlivn. I love lofts, floating homes, new construction and mid-century moderns but will help you buy or sell just about anything.

Get in touch to:

  • Understand the market
  • See homes for sale
  • Sell your home

Contact:

206-618-1600