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February 24, 2009 | Anna Novikoff | Comments 3

Bellevue Towers – A “Shot in the Arm” for Bellevue

bellevue-towers-logoLast Thursday evening, Bellevue Towers hosted their Grand Opening celebration for current and future buyers – and what a celebration it was! Since the completion of many of the actual homes along with the gracious and impressive common areas, the buzz has been growing steadily louder about what an amazing project Bellevue Towers has become.

Despite the current economic environment, the positive comments and infective enthusiasm of the attendees was a welcome “shot in the arm” to counter much of the fear and negativity currently affecting so many of us and, in particular, potential condominium buyers. At least for the duration of last night’s event, one could feel the possibility of being able to live out a dream once again.

Although I’m not involved in the marketing of Bellevue Towers, I am in the process of representing several buyers at Bellevue Towers. After going through two walk-throughs and being blown over by the finished product, I made sure to invite several more buyers I am currently working with because I felt that Bellevue Towers would likely be a perfect match for them.

As for my current buyers, I have seen the transformation of their expectations, based on floor plans and written descriptions of what their new homes would be like, compared to their exhilaration and excitement when they actually saw their new living spaces and, of course, the common amenities (which exceed anything available in comparable new construction complexes anywhere in the area). Where else can you reserve an intimate dining room and kitchen completely equipped with almost everything necessary to prepare a meal for your guests (including pots, pans, utensils and many basic kitchen sundries) AND with an attached BBQ patio area for those sunny summer days to come? Or maybe bring your favorite DVD to the private movie theatre and invite friends for an impromptu “movie night”- complete with surround sound and a popcorn maker!

bellevue-towers

The various floor plans are carefully thought out with an excellent use of space and a variety of views and exposures. Even the placement of support columns has been done in a way that is much less intrusive than in other area high rises. My major concern was that the common areas may incur higher HOD’s in the future for their upkeep (or be voted out by the HOA) but after speaking with the representative of the management company, I was assured that this had been taken into account and that the current amenities would likely be secure for the foreseeable future at the same or similar cost p/sq. ft.

bellevue-towers-fifth-floor

We in Bellevue are very fortunate to have a showpiece like Bellevue Towers to call our own and if the positive feelings that were apparent last Thursday evening are any indication, the best of the downtown Bellevue lifestyle and ambiance is yet to come! To find out more about the Eastside condominium market or have listings emailed to you as they become available, please contact me at annan@ekreg.com, visit my website at www.condomaximums.com or give me a call at (425) 466-1324.

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Filed Under: All PostsBellevueCondominiumsMarketingOur Cities

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About the Author: ANNA NOVIKOFF Eastside Condominium Specialist - REALTOR®/CRS/ASP with Windermere Real Estate. Member SCN (Seattle Condominium Network), SMC (Sales & Marketing Council of Master Builder's Assoc.), AREAA (Asian Real Estate Association of America) and The Harbor Club.

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  1. I was at this event last week, it was great! Many have seen the exterior grow, and become a beautiful presence in the Downtown core! What people may not know is how elegant the inside is. The common areas are those of a 5 star hotel.

  2. Unfortunately with the credit crisis and new Fannie Mae regulations, many of the buyers at Bellevue Towers will be unlikely or unable to close their sales. They bought in at 2007 era inflated prices which don’t compute in 2009.

    My guess is this building will be high end apartments by 2010. Forget the situation in Miami and New York – this has already happened in Seattle and we have only begun to see the local downturn in condo projects.

  3. Just closed at Bellevue Towers.

    The price is very competitive with the 20% reduction from original 2007 prices and the building is absolutely fabulous.

    Being an early mover, we had the pick of the place when it came to selecting a unit we like, including great parking spaces and storage.

    Looking forward to living in downtown Bellevue for a long time to come.

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