Koda, the 17 story 97 unit condominium building planned for the International District, will be taking reservations this Saturday 2/24 at their Reservation Event in Belltown starting at 11am. A $5,000 deposit will secure a reservation. At the event, preliminary floorplans, specifications, amenities and price ranges will be shared with buyers however those offerings are only preliminary and will not be solidified until the summer of 2018 when reservations will convert to Purchase Contracts.
With plans to break ground this summer, the Koda project will be one of few new construction condo projects to hit Seattle since the recession and certainly the only new construction condo building to break ground in the International District in recent history. Though pricing isn’t firmly set yet, they are estimating that the studios will start just under the low $400,000s and will go up to 2 bedrooms around $1.3M, not including parking. The units will be sized from around 435 square feet up to 1200square feet. The amenities are set to include a concierge, gym, yoga room, library, work lounge, conference room, 7th floor terrace, a party room with game tables, theater, kitchen and rooftop terrace.
Other features include mostly in-line kitchens, walls of windows, high ceilings, hardwood flooring, and high-gloss cabinetry. Buyers will be able to choose their color scheme and also opt in on other design upgrades such as natural stone counters, optional islands, window coverings, high-tech features (including audio/visual/security components) and customized closet systems.
The Developer of Koda, Da Li Development, has also mentioned that the company is also looking into purchasing apartment sites and developing them as condos instead. This is an interesting development that could mean more condominiums coming soon to Seattle.
We will be in attendance at the Reservation Event and look forward to learning more about this project and sharing that information with our readers and clients.
By Marco Kronen with Seattle Condo Review: A guide to Seattle downtown condos.