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206-618-1600

December 2017 New Construction Pipeline Update

By December 5, 2017

Condos

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

2017 Move-In

Luxe36: 47% pending
36 condos above retail, 17 pending. Here’s one on the MLS

Residences at Fairview: 76% sold
21 units, 19 closed + pending, 2 on the market

2018 Move-In

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
57 townhomes
Notes: on sale spring 2018, move in 2018?

2019 Move-In

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

2020 Move-In

Koda
Note: pre-sales starting in February

Daniels First Hill project
271 units
Note: no word on pre-sales

The Emerald
270 units
Note: they’ve broken ground, no word on pre-sales

TBD

U Place at Union Bay
244 units
Note: while they say they have broken ground, as of October 31st, 2017 they hadn’t

Future Possibilities

Bellevue New Construction

2020 Move-In

One88: sales haven’t started
148 units
Note: pre-sales starting early 2018, priced from $900k to $5m

Future possibilities

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