Gridiron Condos is Reintroduced to the Market by Daniels Real Estate & Realogics Sotheby’s International Realty
Executives of Realogics Sotheby’s International Realty and Daniels Real Estate jointly announced that Gridiron Condominiums, a recently completed 107-unit community in Pioneer Square’s Stadium District, will be reintroduced to the market with a “Kickoff Homeownership” program offering 3.5 percent down payment options and mortgage payments starting at just 2.5 percent.
A forward commitment with HomeStreet Bank was secured by Daniels Real Estate, with terms that would sample an urban one-bedroom home (of 650 square feet) offered at $566,900 with a less than $20,000 down payment (plus closing costs) and first-year monthly payments of $2,162 including interest and principal. See agent for terms and conditions.
As Dean Jones, President & CEO of RSIR said in a statement, “Gridiron is one-of-a-kind and now offers a value proposition that is equally extraordinary. We have assembled market leaders to represent this once-in-a-city development.”
The twelve-story, boutique community includes the historic restoration of the 115-year-old Johnson Plumbing Building. Hewitt Architects designed new homes with iconic concrete, steel and glass architecture, while interior designer Jennie Gruss helped craft industrial-chic living options ranging from urban one, one and two-bedroom flats and lofts. Each home is marked by expansive window walls and light-filled interiors with engineered hardwood floors and European-inspired kitchens. The building’s amenities include a concierge, wine storage, penthouse club area with entertaining space and a kitchen, a fitness center, dog run, and wraparound terraces with views of the Puget Sound, Olympics and Seattle landmarks.
“Given the rapidly rising costs of construction, we would have to charge 20-30 percent more for the homes at Gridiron if this was a presale program,” said Kevin Daniels, President of Daniels Real Estate and developer of Gridiron Condominiums. “Which is made even more compelling by our special financing opportunities with today’s low interest rates.”
For more information on Gridiron Condominiums, visit GridironCondos.com >>