Individual presales have begun at SPIRE, a 347-unit, 41-story condominium high-rise under construction at 600 Wall St. in the Belltown neighborhood. A new, 5000-sq. ft. sales center has opened at 2218 5th Avenue. Sales representatives will host public tours beginning at 11:00 a.m. on Saturday, October 27 for this much-anticipated presale opportunity. Prospective buyers will experience a full-scale model home, a design center, a 9-foot scale model of the tower, a context model of the neighborhood and immersive virtual-reality tours on a life-sized display screen to help convey the final product offering.
Leading into the weekend, the SPIRE sales team accepted more than 100 first-position reservations along with several second- and third-position commitments on popular floor plans. Reservation activity recorded more than $125 million in potential presales ahead of SPIRE’s official launch this weekend. These reservations are now being converted into sales along with new transactions for prospective homebuyers that visit the sales center.
“We are pleased to witness such vigorous interest in SPIRE ahead of our formal sales debut,” says Paul Menzies, CEO of Laconia Development and representative of Seattle Realty One, LLC, the developer of SPIRE. “Clearly, SPIRE is Seattle’s next landmark in the making,” he adds.
In a tribute to its famous neighbor, the Space Needle, SPIRE is a landmark in the making. Tall, slender and extraordinary on every level, the 41-story condominium will boast dramatic views and standout architecture befitting of its front and center perch in the downtown Seattle skyline. With progressive design and technology, SPIRE welcomes prospective homebuyers to secure their new residence today – nearly two years before it’s slated for move-ins.
A sample collection of unit listings is now posted to the Northwest MLS with an offer review date scheduled for Oct. 31. Additional inventory is released for immediate purchase. These presales identify a specific home with a set price and requires just a 5 percent deposit at the time of purchase, which will be held in escrow until the building is completed.
“SPIRE presents a compelling opportunity to lock into a future home two years before occupancy,” says Dean Jones, president and CEO of RSIR. “The presale program also allows for home personalization options and plenty of time to plan ahead for the move.”
With occupancy is expected by winter 2020-21, SPIRE is now under construction on a full city block bound by 6th Avenue, Wall Street and Denny Way. The 347 studio, one-, two- and three-bedroom residences (530 – 2,800+ sq. ft.) are priced from below $500,000 to more than $5 million and feature 9- and 10-foot ceilings and broad window walls. The unique, triangular-shaped lot at the northernmost boundary of Belltown provides for enviable tower spacing. To the south and east with view corridors frame impressive cityscape vistas while to the west the views are unobstructed above the 18th floor as SPIRE towers over adjacent buildings. The views to the north and northwest are unobstructed because the zoning steps down to just 85 feet across Denny Way affording panoramic vistas from Lake Union, across Seattle Center, Elliott bay and the Olympic Mountains. Many of the homes boast iconic views of the Space Needle, which inspired the building name.
Homeowners will enjoy custom-designed public spaces and residences with contemporary designs that blend craftsmanship, natural materials and technologically forward techniques. Features include Pedini cabinets, Bosch or Sub Zero-Wolf appliances and Kohler plumbing fixtures, as well as a choice of designer color schemes and options.
Technology is woven throughout each residence, including SmartHome capabilities by Wipliance that allows residents to automate environmental controls through phones or tablets. One of the most unique offerings is the exclusive access to an automated valet parking system designed by Sofetin®.
SPIRE also offers a robust collection of amenities to its homeowners and guests. First impressions include a dramatic two-story lobby with concierge station and retail services. The third floor features a co-working lounge with Skype room, conference room, gaming room and wellness studio for spin classes, yoga and stretching. A guest suite is also being programmed for overnight visitors. Above all is the SPIRE Club – a two-level lifestyle center, which boasts an exhibition kitchen and private dining room, a billiards bar, an art gallery and lounge, numerous terraces, a BBQ deck, a dog run and a phenomenal fitness facility with state-of-the-art cardio, universal and free weight equipment with wraparound views of the city, lake and bay.
SPIRE Club effectively takes the penthouse levels of the tower and offers them for the enjoyment of all the residents and guests,” said Michael Cannon, Senior Sales Director for RSIR. “It’s just one of many advancements Laconia invested in to offer a new paradigm in cosmopolitan living – not all condominiums are created equal. By virtue of our reservation and presale activity, I’d say that SPIRE is just what the market was waiting for.”
Given the conveniences, the immediate location is experiencing a renaissance of development and an urban evolution. Few could ignore the meteoric expansion of companies like Amazon in the Denny Triangle while other tech titans like Google and Facebook continue to add to their urban campuses in South Lake Union – all are at the doorstep SPIRE. Other companies, like Expedia, will soon migrate to the area bringing with them jobs and housing demand instead of employees increasingly decide to move to the city instead of digesting long commutes from the Eastside. There are many capital projects too, such as the HWY 99 tunnel and new waterfront promenade that will soon provide a new connection from the city to the bay. The Space Needle itself recently underwent a $100 million “space lift” and Key Arena at Seattle Center is about to be reset as a future home for NHL and NBA franchises. Other planned neighborhood improvements include the Lake2Bay connection – a pedestrian and biking corridor between South Lake Union and The Olympic Sculpture Park with access to Myrtle Edwards Park, which stretches along Elliott Bay. These many open spaces offer some welcomed elbow room amidst an otherwise urban landscape that is continuously stretching into the sky.
“SPIRE really provides the best of both worlds,” concludes Cannon. “In your back yard you have a cosmopolitan metropolis and every imaginable opportunity, residential service and lifestyle attraction while your front yard offers open spaces with room to breathe and access to natural environments.”
Registrations for priority sales information are now being accepted at www.SPIRESEATTLE.com or call 206.494.0094.
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