Wendy Leung's Seattle Condo Blog

Hjarta & Florera Condos Reintroduced through Bulk Sales

 
 
Pryde + Johnson had announced that they are reintroducing condo sales within two partially leased buildings, Hjarta in Ballard and Florera in Green Lake.  As part of a bulk sale approach, the homes will be discounted up to 35% off original list prices.  The inventory will be released for sale on March 27.  Twelve homes will be available for sale at Florera and eighteen homes from Hjarta will be available as well.

Studios (578 – 598 sq. ft.) will start from $244,950

1 bedrooms (614 – 921 sq. ft.) will start from $274,950

1 bedroom + dens (792 – 923 sq. ft.) will start from $314,950

2 bedrooms (1,037 – 1,447 sq. ft.) will start from $399,950

2 bedrooms + den penthouses (1,331 – 1,578 sq. ft.) will start from $589,950

3 bedroom + den penthouses (1,909 sq. ft.) will start from $799,950

Read more here.

As you may recall, the bulk sale approach was first marketed by Realogics, Inc. for Eleven Eleven East Pike (Capitol Hill) and The Decatur (First Hill).  This approach seemed to work very well for those two projects.  Realogics Sotheby's international Realty, independently owned and operated by Realogics, Inc will be handling the bulk sale.  

Related posts:

Bulk Buy Update
Bulk Buy Project Offers Classes
Eleven Eleven East Pike
Decatur is back

-Wendy

Where in Seattle will the investor money go in 2008?

Florera update

I had the chance to visit Florera yesterday and took a hard hat tour and spoke with Linda, the sales manager.  Here are some tidbits from our conversation:

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• The model unit will not be available for viewing until the end of the month. The project is divided into two phases with the first phase consisting of 59 units scheduled for move-in in September. Phase 2 will have 25 units and won't be ready until fall 2008.
• The lobby will feature an 8 foot waterfall using recycled glass. Seven retail spaces will occupy both phases. There will be a central broiler for the building so you won't be seeing any hot water tank in your unit. 
• So far, 30% of phase 1 units has been sold with one bedroom plus den units being the most popular floor plan. Besides the central garden courtyard, a club room and rooftop garden / recreation area will also be available. Some of the 2nd level units have their own private patios looking out to the courtyard which will have plants and bushes.
• One interesting thing to point out is that elements of the sidewalks, bus stop and bike racks will be designed by local artists.

When asked on what are the selling points for Florera, Linda Gordon, sales manager responded:

Florera

It’s great to be back after a long vacation. It looks like there has been several comments on 2200 Westlake post. Thanks for sharing your views on the project. So what’s going on this weekend? Florera, a new construction seeking for LEED Certification is having their opening event this weekend in Green Lake.

Time  : 12.00pm to 5.00pm.
Place : 420 NE Ravenna Blvd, Seattle
Date  : Saturday & Sunday (14th & 15th)
          Saturday & Sunday (28th & 29th)

Sales for Florera started last November, the condo is located right across Gregg’s cycle and features studios, one bedroom's, one bedroom plus study's and two bedroom floor plans. The condo is scheduled for completion late fall this year.

-Wendy

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