Ruby Condominiums, a low profile mixed-use condo, is located in the developing Eastlake neighborhood on Eastlake Ave E and Alison Street. Unlike boutique condos such as Eastlake Lofts or the larger construction efforts like Equinox, Ruby will only be featuring 52 one bedroom homes, though many will have alcoves for a den or office.
This 4-story project is developed by Maria Barrientos, the same developer involved in the Stadium Lofts in Pioneer Square, Leona in Queen Anne and several apartment buildings in Seattle. Pricing for these homes is not firm yet but will probably be in the range of $300,000’s to $400,000’s. Home sizes will be ~600-800 square feet. Contruction started in Spring 2007 and is expected to complete in Jan 2009.