December 2017 New Construction Pipeline Update
The big news this month is that a 55-unit condo building is possibly coming to Ballard. We expect it won’t be move-in ready until 2019 or 2020 though. The other big news is that Nexus jumped up to 90% pending when they re-configured some larger units as smaller units and released them at a special sales event.
Also, congrats Fort Lawton’s Officer’s Row, they just sold their last home. (Though when that fire ravaged home is re-built, they’ll likely have two more homes for sale.)
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 [email protected] or 206-618-1600. And if you’re thinking of buying a new townhome, check out our guide and get in touch to hear about what is coming up but hasn’t hit the market yet.
Seattle New Construction
Gridiron: 65% pending
107 units, 70 pending
Move in date: January 2018.
Hendon Condos: 25% reserved
32 units, 8 reserved
Note: Reservations on hold, hopefully restarting soon
The Odessa: 66% pending
3 units, 2 pending, first floor unit still available
Notes: January 2018 move in
The Pinnacle: 54% reserved
11 units, 6 reserved
Notes: taking reservations now, converting to purchase and sale by end of year. Remaining units starting at $1.55m.
McGraw Square: Sales haven’t started
Notes: on sale spring 2018, move in 2018?
Nexus: 90% pending
389 units, 350 pending, 39 available
Note: Starting price at Nexus is now $1.2m for two and three bedroom units Ranging up-to $3.5m
Note: pre-sales starting in February
Daniels First Hill project
Note: no word on pre-sales
Note: they’ve broken ground, no word on pre-sales
U Place at Union Bay
Note: while they say they have broken ground, as of October 31st, 2017 they hadn’t
- 55 units in Ballard
- 2300 8th Ave – 39 stories
- 616 8th Ave S – 14 units
- 168-Unit Condo Proposed in International District
- 1,200 units in South Lake Union by Onni Group
- 68 units in Belltown by Richard Tsang
- 236 units in Belltown by Stanford for Altitude Hotel & Residences
- Downtown condos by Bosa
- Belltown condos by Hot Rain
Bellevue New Construction
One88: sales haven’t started
Note: pre-sales starting early 2018, priced from $900k to $5m