Terrene Urban and Realogics Sotheby's International Realty to Celebrate Groundbreaking for JADE Residences in Kirkland on Wednesday, June 26th
The Largest For-Sale New Construction Offering in Kirkland in More Than 10 Years Boasts 135 Modern Urban Homes and Will Introduce Next Gen Living to the Area.
KIRKLAND, Wash., June 25, 2019 /PRNewswire-PRWeb/ -- On Wednesday, June 26, Terrene Urban and Realogics Sotheby's International Realty (RSIR) will celebrate the groundbreaking for Kirkland's first-of-its-kind JADE Residences—an internationally-inspired, five-level collection of condominiums designed with the next generation of homebuyers in mind. JADE, a 135-condominium wood-frame structure (another first for the Eastside), is positioned to offer best-in-class features and finishes previously only seen within in-city condominiums at much higher price points. Studio, one bedroom, one bedroom plus den, and two-bedrooms are available starting below $400,000 to more than $900,000, with delivery projected in winter 2020/21.
"We designed homes that fit the personalities of today's younger homebuyers," said Wade Metz, owner of Terrene Urban. "We saw a market underserviced for a unique area ripe for development."
Numerous major tech giants have campuses in Kirkland, just outside of Seattle and enveloped in a mixture of urban amenities and natural beauty. These hubs have attracted an influx of diverse newcomers—many of them from other big cities—who are searching for attainable homes within close proximity to their professional centers. JADE is the first new Kirkland condominium development offering to stand perfectly centered between these tech hubs, the Village at Totem Lake, and all the natural beauty that sets Kirkland apart as a Washington State treasure.
Wednesday's groundbreaking will mark the beginning of this ambitious project coming to fruition. Matt VanDamm, Vice President of New Developments at RSIR, explained that JADE serves as the pinnacle of Kirkland's new urban renaissance.
"With JADE, you have a beautiful home with high-end amenities at an attainable cost for first-time buyers," VanDamm said. "Add that to its perfect position in Kirkland to all the tech campuses, Totem Lake, and the first-class shopping and dining similar to U Village, and you have the complete package—the likes of which Kirkland has never seen."
The aforementioned high-end amenities include a landscaped roof deck with a grilling kitchen, lounge seating, and outdoor firepits; a resident's lounge with kitchen, fireplace, screening area, and more; a fitness center; on-site covered private parking; and lobby with concierge service.
The inspired homes were designed by Johnson Braund Architects with interiors by the award-winning Sechrist Design Associates and will feature voluminous 9-foot ceilings, expansive window walls, outdoor terraces and balconies, and luxurious finish appointments including European-modeled cabinets, quartz countertops, and stainless appliances. Residence will range from an efficient size of approximately 500 sq. ft. to 1,100 sq. ft.
The attainable price points at JADE are such that have long been underserved for Kirkland, according to RSIR, and as the greater Seattle area continues to grow faster than any other large U.S. city, next generation homebuyers will demand a greater supply of efficient urban residences for active lifestyles. With overpriced rental properties still skyrocketing in expense, attainable luxury condominiums like JADE have become the more feasible option in Seattle's thriving market.
Terrene Urban is a Bellevue, WA based development firm and one of the East Side's premier home builders. They are joined on the development by leading investment group CES Properties, also a Bellevue based real estate investment firm.
The groundbreaking will take place on site at 11903 NE 128th St, Kirkland, from 10AM until 12PM Wednesday, June 26th. All are welcomed to attend.
For more information on JADE Condominiums, visit: http://www.JADEKirkland.com
About Terrene Urban (http://www.TerreneHomes.com) – Drawing from a leadership team with more than 80 years or combined industry experience, Terrene Homes have a passion for design, achieve rigorous quality in construction and provide homebuyers lasting value that endures. As one of the Puget Sound's leading homebuilders, Terrene Homes is actively developing seven communities throughout the greater Eastside and in Seattle.
About Realogics Sotheby's International Realty (http://www.RSIR.com) - Artfully uniting extraordinary homes with extraordinary lives, Realogics Sotheby's International Realty is a leading global sales and marketing brokerage firm in the Pacific Northwest. The boutique real estate firm of 225+ brokers service branches in downtown Seattle, Bainbridge Island, Kirkland, Issaquah and Madison Park. RSIR is a leading project marketing specialist currently representing more than $1 billion in new condominium developments planned throughout the Puget Sound region.
EDITORS NOTE: Property photography, development team headshots, bios and market statistics are available upon request.
SOURCE Realogics Sotheby’s International Realty
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