The high-rise condominium is 25% complete, 25% pre-sold


Sales of new condominiums up to 2,635 square feet create a real estate microclimate for luxury urban lifestyles.

SEATTLE – Construction is now above ground with delivery expected by the end of 2020 to SPIRE, placing the 41-story condominium tower among the first to deliver new projects for sale in the downtown pipeline .

As vertical development accelerates during the summer, SPIRE will rise at the rate of one floor per week. Potential buyers must make their color choices and choose options and upgrades by September 1 in order to keep pace with construction.

Builder Laconia Development has announced that for a limited time, buyers will earn a decorator allowance of $ 10,000 for one-bedroom homes and $ 25,000 for two, three and four bedroom homes, provided that they buy quickly to meet the personalization deadline. .

“SPIRE is now approximately 25% complete and 25% pre-sold, with market validation for all unit types and at all prices,” said Paul Menzies, CEO of Laconia and a leading member of the development team at SPIRE. “Our success has helped establish a real estate microclimate with prices ranging from less than $ 500,000 to $ 4.7 million or more for custom unit combinations.”

Menzies notes that SPIRE home buyers will benefit from Laconia’s preferential pricing, as the development enjoys a dominant position in the region’s construction boom. But he warns of the coming price hike.

“Construction costs continue to increase by at least 6-8% per year,” he says. “Developers planning new skyscraper communities will have to pass these increased costs on to future homebuyers, or projects won’t be in pencil. Given the high demand for labor, additional tariffs and general industry conditions, it is difficult to see how new developments will become more affordable. In fact, developers are more likely to minimize the scale of floor plans, reduce the scope of finishes, and cut down on equipment in an effort to achieve higher prices.

Rather than downsizing, Laconia took a different approach with SPIRE, removing an entire floor from the structure to provide 9-foot ceiling heights on floors 4 through 23; 9.5 feet on floors 24-37; and 10 feet at levels 38 and 39.

Additionally, many floor plans have been combined to provide more generous living spaces of up to 2,635 square feet, gas cooking has been standardized throughout the building, and interiors have been carefully curated by Robin Chell Design. and VIA Architecture. Shops, services and common areas are also available on levels 1, 3, 40 and 41.

“SPIRE is fundamentally well positioned in terms of design, location and market timing,” said Michael Cannon, SPIRE Sales Director and Broker at Realogics Sotheby’s International Realty. “The building’s block location in the far north of the Belltown skyscraper zoning means our panoramic views of South Lake Union, the Space Needle and Elliott Bay will endure. “

Cannon says preserving sight is one of the most important considerations for potential buyers, given the large number of new developments under construction and being planned in downtown Seattle. He also considers the SPIRE location to offer Seattle’s most vibrant lifestyle, due to existing and planned improvements in the area.

“Our residents will be within walking distance of the multi-billion dollar waterfront renaissance; the renovated Seattle Center arena and event venue; over 100 acres of parks and open spaces; and quick access to natural environments like Lake Union and Elliott Bay, ”says Cannon. “Yet to the immediate south stands a booming vertical neighborhood with countless cosmopolitan attractions, tens of thousands of new jobs and an abundance of residential amenities. This place is both vibrant and serene – only SPIRE offers the best of both worlds.

Laconia also recently launched its highly anticipated penthouse residences, including a unit combination opportunity at SPIRE. Located on the 38th and 39th floors, one, two and three bedroom condominiums (667 to 2,040 square feet) are now priced between $ 1,099,950 and $ 3,999,950, with select homes listed on the Northwest Multiple Listing Service. Pre-defined unit combinations are also offered, creating up to four bedrooms (2,365 square feet) at a price of up to $ 4,699,950, and possibilities exist to create even larger living spaces depending on the buyer’s desire. Cannon says that several investigations all over the floor have been explored.

The penthouse series will feature generous 10 foot ceilings; glass walls; and breathtaking views of South Lake Union, the Space Needle, Elliott Bay and the downtown Seattle skyline.

Interiors include European-inspired kitchens with real wood lower and upper cabinets, a double wall oven and gas cooktop by Wolf, a side-by-side refrigerator from Subzero, and a wine cooler (in some plans). House). Countertops will be a buyer’s choice of quartz or natural granite selections with cascading edging details for the island (if applicable) as well as a matching full height backsplash. The plumbing fixtures will include selections enhanced by Hansgrohe.

Most homes will include a gas fireplace and a feature wall in the great room. The walls of the windows will incorporate electric shutters and blackouts in the bedrooms. A Wipliance integrated Smart Panel Pad style smart home system will provide one-touch automated controls for lights, shades and thermostat, with audio / visual coordination options as a personal upgrade item. All closets will incorporate a choice of several pre-designed modular organizers in premium finishes.

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