Alex Condo in Belltown has been renamed Volta and will be ready for occupancy in July 2010. The 34 home boutique condo features 27 one bedroom's and 6 two bedroom's and 1 live/work loft. Penthouses are sold as a shell. There are two color selections (Slate and Cognac) for the interior finishes. No model home is available for viewing but the sales center will be opened in April 2010.
One Bedroom $299,950-$750,000
Two bedroom $485,000-$675,000
Here are a couple of my observations during the tour:
1.) The building seems pretty solid with good sound insulation. Apparently, they're using a high performance double glazed window system with two panes of laminated glass, four glass layers in total.
2.) The only homes that come with a terrace are on the fourth and penthouse level.
3.) The condo is built on a slope so homes on the first floor are literally on the street level (you see street cars from your windows).
5.) Penthouses have a skylight to the rooftop deck with a stairway leading out to the private terrace. That was pretty neat.
6.) The floor to ceiling windows are great but I wish they have more operable windows.
There are only 29 parking spaces available in the building so if you need a spot, they cost $25,000 each. Storage is at $5,000. Homeowners dues are at 44 cents per square foot. The only amenity is the roof top deck.
Aesthetically, Volta blends really well with the neighborhood buildings. It seems pretty solid. Most of the floor plans are well laid out. You will probably have to make some trade off on a couple of the homes (eg. bigger bathroom but smaller closet). Volta is quite similar to Pomeroy in some ways. Not all homes come with outdoor space (balcony/terrace) and amenities are limited. It's suitable for someone who does not need amenities and prefers a low maintenance building. If you're an Escala type buyer, this building may not appeal to you. Interior work is still ongoing for Volta so it's hard to see how the whole finished package will come together. Stay tuned for more updates in July!