It’s an exciting time for Seattle’s real estate market. The tech boom has attracted thousands of new residents, and they’re all competing for limited real estate, especially downtown. Urban residential developments are springing up to accommodate the influx with new housing, and other amenities are springing up to serve those who move in.
At the forefront is NEXUS, the 382-unit condominium high rise which breaks ground this week at 1200 Howell Street. It’s distinct in architecture and in the opportunity it affords: because NEXUS units are for sale amidst a sea of apartments for rent, it offers buyers a chance to build equity in America’s fastest-growing housing market.
The development site was selected for its proximity to transportation hubs including the regional bus terminal, Interstate 5, the South Lake Union streetcar line and the light-rail station. While the area is home to some great restaurants and several pubs, the future promises a lot more.
By 2020 more than $6 billion in capital will have been invested into the burgeoning East Village neighborhood. Resources span more than two dozen projects, with space allotted for residences, offices, retail, restaurants and hotels. As these projects come to fruition, the residents at NEXUS will find more and more amenities nearby.
Even though NEXUS won’t be completed for 30 months, pre-sales provide buyers a chance to lock in current prices, select their finishes and build equity quickly.
High-tech integrations promise to make living at NEXUS a singular experience. The developers behind the property’s custom app are exploring solutions that will allow residents to access a digital concierge with one swipe of the finger, a voice command or even a hand gesture. The app will allow residents to:
- control lighting, temperature and security options
- book the building’s common spaces like private dining rooms and conference rooms
- organize events or meetups with other residents
- crowdfund for group yoga classes or chef nights
- track their energy use
- turn appliances on and off and adjust their settings
- control entertainment systems for music and video
- allow access for home deliveries and more
Besides high-tech connectivity, the building also affords plenty of opportunity for real-life interpersonal connection.
NEXUS’ seventh floor features a co-working facility, a health club with fitness equipment and a yoga studio, and an indoor/outdoor dog lounge and run; while the penthouse level Sky Club offers social spaces like an exhibition kitchen, a catering kitchen, private dining rooms, outdoor terraces and a fireside lounge. These common spaces will help facilitate connections between residents and strengthen the NEXUS community.
Conscious and Clever Design
Seattle-based architecture firm Weber Thompson designed NEXUS, and the touch of this award-winning collaboration can be seen both in the building’s dynamic architecture and its carefully crafted interiors.
Ergonomic living spaces include fresh concepts like movable kitchen islands, modern-day Murphy beds and furniture pieces that do double duty will delight residents and provide them the flexibility to customize their home – it’s not just a new place to live but a new way to live.
The NEXUS project might seem like a big promise, but Developer Christian Chan of the Burrard Group is confident that his team has enlisted the experts needed to make good – “We have assembled industry leaders to execute on a shared vision, Weber Thompson on architecture, interior design and landscape; KPFF on structural design; SKANSKA as contractor; Realogics Sotheby's International Realty on sales and marketing; Sirqul on "IoT" technology; CWD Group on property management; and of course our experienced development team at Burrard Group and a host of other preferred vendors to deliver on this iconic community."
Are you cut out for urban living? Whether you think you’re an urban hipster or are certain you thrive on island living, take our personality quiz below to find out for sure. Just for taking our quiz, you’ll be entered into our grand-prize drawing for an electric bike from Rad Power Bikes, a $500 gift card to Alchemy Collections – Seattle’s go-to for modern and affordable furnishings – plus a $200 gift card to Daniel’s Broiler!