What people aren’t as familiar with are the other smaller, more boutique mid-rise condo projects currently in the works. At a recent event, we were able to gain more knowledge about The Essex on the Park condo project and how it will differentiate itself in respect to the many other projects.
First and foremost, this project is directly across from the Downtown Bellevue Park! If you are worried about your view being blocked, this might be the project for you. The park, as far as we know, isn’t going to be built on anytime soon 🙂
The first thing we noticed about this project was how spacious the floor plans were. All homes are 2 bedrooms or larger, ranging anywhere from 1,100 – 2,900 sq ft, with the average being about 1,700 sq ft. The homes are marketed towards those who don’t want compromise on space, likely downsizing from larger homes. Perfect for those Medina Empty Nesters!
The prices at Essex on the Park range from low $1 Millions – $3 Million, putting it on the higher end of the Downtown Bellevue market.
Another unique feature of this complex is that they are planning to offer work studios for sale to residents. What is this you ask? Work studios are small offices that can be used for personal projects, small businesses, sound booths, etc. They will be on the ground floor, but instead of renting this space from the property owner, you can actually purchase them. They are estimated to run about $50,000.
This 9 story building has a particularly attractive rooftop garden terrace with a barbecue area, which is great for entertaining or relaxing. Other amenities include a concierge doorman, exercise facility, large storage rooms, and all homes coming with two parking spaces. The amenities come at a price though, the home owners dues, are estimated at $.65, and on a 1,700 sq ft unit that’ll run you $1,105 a month. This is a bit higher than other complexes in the area.
The architecture of the building is modeled after the likes of Manhattan/Central Park classic architecture buildings, which I have to say is a bit squared off and boring compared to the buildings with the stylish “basket weave” of Bellevue Towers.
A sales center is not currently built, but is planned to open in the summer. The Essex on the Park’s estimated completion is set for 2010 and will make great homes for those who don’t want to live in a high rise setting and also want an abundance of space!