NEXUS is Downtown Seattle’s Iconic High-Rise Condominium with completion in Less than a Year

By late 2019, hundreds of new homebuyers will begin moving into NEXUS, downtown Seattle’s newest architectural accomplishment now under construction. Scores of new move-ins will be scheduled each week as Seattle’s most anticipated new community opens floor by floor for occupancy through the end of the year.

“Our estimated completion schedule will have many of our homeowners enjoying their new homes in time for the New Year’s Eve celebrations as we welcome 2020,” said Christian Chan, Executive Vice President of Burrard, developer of NEXUS. “Fireworks will be a fitting salute to half a decade of design, marketing and development as we transition NEXUS from a construction site into a thriving and progressive community.”

FIRST AND FOREMOST

Having made the choice early to build a tower for sale versus rental, Burrard occupies the pole position in the current condominium construction market, rewarding homebuyers with the earliest occupancy by late 2019. Construction is well underway with the core and floor plates towering skyward above level 30, followed closely behind by building glazing and envelope at levels 20.

In addition to the project’s commanding lead towards completion, NEXUS is also leading the charge in terms of its exceptional architectural design and its thoughtful lifestyle offering.  Front and center in the skyline, the iconic tower will undoubtedly be an indelible addition to the cityscape.  However, the project’s iconic attributes are not simply skin-deep.  Burrard has spent an inordinate amount of time, effort and resources creating an urban lifestyle to be envied, with class-leading amenities, a bespoke digital lifestyle platform, and an art collection that is incomparable in the City, ensuring a high quality of life and sustained value creation for the building’s homeowners over the long term.

PICTURED ABOVE AND BELOW: NEXUS reaches skyward at the corner of Minor Avenue and Howell Street in downtown Seattle.

 

“In December we’ll tour the first completed homes for quality control purposes,” adds Chan. “It’s exciting to see the community take shape and we’re eager to share progress with our homebuyers.”

PICTURED ABOVE: NEXUS is illustrated front and center in the downtown skyline as the emerging East Village rises, however, NEXUS is the only for-sale condominium amongst the expanding cityscape with occupancy by late 2019.

AHEAD OF THE CURVE

Since first announcing the building in June 2016, NEXUS has set the pace for sales in new condominiums generating more than 92% presales for the 389 units. Such robust sales lead to the advance closing of the sales center at the earlier this summer. Burrard’s focus instead turned towards construction activities and delivering on other qualitative and scheduling milestones with the development project.

“Our homebuyers are feeling very good about their purchase at NEXUS having watched the market expand so significantly in recent years,” said Michael Cannon, the Sales Director for NEXUS and a broker with Realogics Sotheby’s International Realty (RSIR). “By 2020 we’ll look back on the success of NEXUS and recognize it as Seattle’s case study in presale excellence.  I couldn’t be more excited for our homeowners – in fact I’ll be one of them.”

Cannon was among a collection of NEXUS team members that recently enjoyed a building tour of the project and even visited his future home.

“There’s a beehive of activity with hundreds of contractors all working in lockstep,” adds Cannon. “It’s truly an impressive enterprise to see what goes into delivering a project of this magnitude. Both the construction quality and views were beyond my expectation.”


PICTURED ABOVE: The Sales and Marketing Team of Realogics Sotheby’s International Realty flank Christian Chan (center left) and Michael Cannon (center right) in a final photo before closing the NEXUS Sales Center in June 2018.

THE BEST FOR LAST

Just 28 homes remain available for purchase including a collection of two- and three-bedroom condominiums that will be released soon, with pricing from the low-$1 millions to the mid-$2 millions. This inventory includes the inherently limited Sky Series Homes, which feature commanding views, enhanced specifications and larger floor plans ranging from 1,395 sq. ft. to the two-story Sky Loft with two bedrooms plus den with two and a half bathrooms of 1,807 sq. ft. (not including exterior living spaces).

PICTURED ABOVE AND BELOW: Among the final homes to be offered at NEXUS, the two-story Sky Loft features expansive walls of glass, voluminous interiors and enhanced specifications.  

While the remaining homes have not been marketed in recent months, savvy homebuyers have been watching the tower rise and inquiring about purchases.

“We’ve entertained a few offers and even accepted a sale off market since closing the NEXUS Sales Center,” said Dean Jones, President and CEO of RSIR. “We had planned to release remaining homes closer to occupancy in order to showcase a more complete community, but we’ll move at the speed of opportunity.”


PICTURED ABOVE: A view from above – a recent photograph from the 41st floor of an adjacent tower provides a glimpse of the vistas that will be soon delivered by the Sky Terrace at NEXUS.  

Jones realizes some prospective homebuyers are wanting to compare NEXUS to other towers just now starting sales and marketing of new product with much later deliveries. As such, floor plans, specifications and price ranges are being offered on a first-come, first-served basis. For more information, visit the RSIR New Developments Center located at 2715 1st Avenue, Seattle or call 206.801.9220. To stay up to date with all notifications, register now at www.NEXUSseattle.com.