February 2018 New Construction Pipeline
This month we’re expecting Hendon to restart sales, with closings happening quickly. One88 is also starting to accept list of what units buyers are interested in, those are due by February 13th if you want to be in the first wave.
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
Move-In Now
Luxe36: 94% pending
36 condos above retail, 35 closed + pending. 1left for $789k
Residences at Fairview: 76% sold
21 units, 20 closed + pending, 1 left for $2.269m
2018 Move-In
Gridiron: 71% pending
107 units, 77 pending, 30 available starting at $502k
Move in date: March 2018
Hendon Condos: 25% reserved
32 units, 8 reserved
Note: Reservations/sales on hold, restarting in February
The Odessa: 66% pending
3 units, 2 pending, first floor unit still available
The Pinnacle: 54% reserved
11 units, 6 reserved
Notes: taking reservations now, converting to purchase and sale in a few weeks. 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: 91% pending
389 units, 354 pending, 35 available
Note: Starting price at Nexus is now $1.2m for two and three bedroom units Ranging up-to $3.5m
Sonata: not selling yet
96 units
Notes: $300k-$800k+
2020 Move-In
Koda
Note: pre-sales starting late spring. Occupancy mid-2020.
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
Caydon’s 208 units at 8th & Cherry
208 units
Note: rumored to start pre-sales in June
U Place at Union Bay
244 units
Note: still hasn’t broken ground
Future Possibilities
- 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
2020 Move-In
One88:
148 units
Note: priced from $800k to $5m, sales starting in February, sales to the public March 10
Future possibilities
- Elev8: sales won’t start until 2018 at the earliest is what we’re hearing…
- 110 units in Bellevue
- The Elan
