Veer Lofts Nearing Completion

Veer Lofts, A Vulcan Project, is nearing construction completion.  The article provided below was sent in a recent press release from the Veer Sales Team.

These are exciting days for all of us at Veer Lofts! We’ve entered our final construction phase and are on target for an early September opening, just in time for those glorious late summer days and barbeques… not to mention bocce ball on the Veer deck.

We are now conducting ‘hard hat’ tours of the loft homes that will soon be ready for move-in at Veer. It’s a great opportunity for you to get a firsthand look at the layout and unique spaces of each Veer home. Also, in the first week of July we will have a furnished full loft available for viewing. If you’re interested in taking a tour, please call or stop by the South Lake Union Discovery Center on Westlake and Denny to schedule a personal visit.

With interest rates low, a healthy job market and a strong local economy, now is the perfect time to consider a move to the hottest neighborhood in town, South Lake Union. As South Lake Union evolves, you will be in the midst of exciting changes and dynamic new options for work and for play. Buying now means you beat the rush, and nothing could be better than that.

 

- Veer Sales Team

 

Let us know if you would like to preview the South Lake Union Discovery Center, so we can make arrangements.

 

Vulcan Developments (Veer Lofts, Enso, Rollin Street)

The future residential pulse of Vulcan’s 60-acre South Lake Union re-development relies on three developments under construction: The Veer Lofts, slated for completion in early 2008; Rollin Street, to be finished in spring of 2009; and Enso (across from 2200 Westlake), scheduled to be done in the winter of 2009. The three condominium developments are helping vitalize a neighborhood still realizing its potential. The South Lake Union Streetcar, connecting SLU and downtown, hopes to figure prominently in the lives of all three’s residents. First phase of sales on these developments ends July 31st. The Sales Office has hinted that prices on all three may rise on August 1st at the start of the second phase.

Veer Lofts, a 99-unit complex on 9th and Harrison, primarily targets first-time homebuyers. Flats, flexi-lofts (5-ft loft ceilings) and full-lofts (8-ft loft ceilings) are available. Relatively affordable units originally started in the mid-$200,000s (the least expensive unit currently availableis in the mid $300k’s). Flexi-lofts top out around 740 sq ft with a max price around $600K. Full-lofts start at 800 sq ft, increasing to almost 1100 sq ft. These price out at $500,000-$700,000. There is also one penthouse available at $925,000.

Rollin Street is considerably larger, housing 208 units. Most flats are extremely open - walls will be rare. Prices begin in the $400,000-range and can head over $1 million.  Smaller square footage begins at an already roomy 700 sq ft and progresses to over 2,000 sq ft.  There are penthouse options as well. Rollin Street is located at Westlake and Denny, across from 2200 Westlake.

Enso is to be  a 19-story tower of 135 condominiums. Large open one-bedroom floorplans start in the $400,000s and penthouses can climb over $1.5 million. A typical two-bedroom unit will stay just shy of $1 million. Studios are 700 sq ft, one-bedrooms run to 900 sq ft and 1br+den will run to 1000 sq ft. Two-bedrooms start at 1100 sq ft and head upward of 1300. A penthouse unit can be nearly 2300 sq ft, in either a 1- or 2-story residence.

Update: The Museum of History and Industry is coming to South Lake! MOHAI article

 

Equinox - Seattle

Equinox condominiums are located in of one of Seattle’s most eclectic boroughs. Eastlake is a perfect transition between often rowdy U-District and bustling South Lake Union. The neighborhood offers its residents the chance to travel downtown in 5 minutes, but has enough amenities to provide for a fun night all its own. Bars, restaurants and boutiques line Eastlake Ave, the main thoroughfare for the east side of Lake Union. Legendary haunts, like The Zoo Tavern, meld seamlessly with contemporary hotspots like Sitka & Spruce.  Many homes and condos in the area have views that take advantage of the neighborhood’s natural slope toward Lake Union. The layout of the units at the Equinox do their best to maximize a peek at the lake.

Construction at Equinox is currently underway. The 204-unit, steel-framed building should be ready for its new residents in early 2009. Units in the complex range from studios (smallest: under 500 sq ft, priced in the mid-$200’s) to 2-bedroom lofts (over 1300 sq ft, approx. $1M).

Equinox is bringing Belltown-quality amenities (concierge, fitness center, communal great room with kitchen made for entertaining) to Eastlake. A monstrous 8600 sq ft courtyard lets residents commune around a centralized fire pit. The rooftop deck affords a fabulous view not only of the lake, but of the rapidly ascending Seattle skyline and on across to Queen Anne as well. Finish packages continue the high-end, urban flair. The design team of Weber + Thompson have selected Fischer & Paykel and Bosch stainless appliances, not to mention custom cabinetry, to adorn the interiors.

There are myriad floorplans to choose from, most focusing on maximizing space with very open layouts. Expect modern, European-feeling units. Some kitchen islands are even mobile, allowing the owner to create a kitchen that functions most efficiently for him/her. Many units are naturally south- or southwest-facing with huge windows to capture sunlight. The units facing east are the most affordable, and many have large decks or patios. Homeowners dues will be between 50 and 60 cents per square foot. 

The Sales Center is located at 1500 Eastlake Ave E (Eastlake & Galer). Open 11-6 daily, the Sales Center has a scale model of the finished product, a full-size sample kitchen and the opportunity to view floorplans. Nearly 60 units were under contract by mid-July.

Quick Facts:

1. Location: 1530 Eastlake Ave E
2. # of Units: 204
3. Website: www.equinoxcondos.com
4. Est. Completion Date:  Early 2009
5. Flooring:
   1. Kitchens:  Hardwood
   2. Living Room/Bedrooms:  Carpet
   3. Bathrooms:  Ceramic Tile
6. Sales Center:  1500 Eastlake Ave E, 2nd Floor
7. Pricing:  $200,000-<$1,000,000
8. Floorplans/Finishes:  Available Online
9. Ceiling Height:  8′8″ - 9′8″
10. Options:  A/C, Eurosliders, Media Systems, Elec. Shades.
11. Structure: Steel & Concrete
12. Insulation/Sound Transmission Prevention
    1. Common Wall-to-Common Wall: 
       1. 4 ^{3/4″ _{Acoustical Insulation}}
       2. _{^{2 Layers 5/8″ Drywall, Each Wall}}
       3. _{^{1″ Acoustic Gap}}
    2. Floor-to-Floor: 
       1. 1 ^1/2” Gypsum
       2. 10″ Metal Joists
       3. Acoustic Insulation
       4. 1/2″ Resilient Channel (Sound Gap)
       5. 2 Layers 5/8″ Drywall