Are tech workers getting paid this well? Preview of Bellevue condo tower is latest sign of booming economy

by Kurt Schlosser | January 22, 2018 | Geekwire

There hasn’t been a new high-rise condominium development in Bellevue, Wash., in nearly a decade, but when One88 eventually opens, it’ll be a showcase for how much the Seattle region has changed in that time when it comes to luxury real estate.

We’ve all heard plenty about the housing crunch across much of the area over the past several years, and how competitive the market has become with rising prices making it the hottest market in the country.

With the rise of Seattle and its neighboring communities as a major tech hub, is this the next look of Northwest living? We might all need to work where the people work who are going to live here!

A sales gallery for the project opened over the weekend and attracted more than 1,300 prospective buyers and brokers, angling for a first look at the 21-story tower under construction downtown on 105th Avenue Northeast.

One88 — by Bosa Development, architect Amanat Architect and interior designer Hirsch Bedner and Associates — will feature 143 one-, two- and three-bedroom residences and penthouse residences.

The list of amenities definitely adds to the high-end appeal that developers are going for.

  • Lobby lounge featuring a rotating art installment and weekend coffee service!
  • Outdoor terraces on the 3rd and 5th floors featuring fireplace lounge areas and grilling islands!
  • Saline heated indoor pool and spa, with sauna and steam room!
  • Fitness center fully-equipped with cardio equipment, towel service and yoga and exercise studio!
  • Golf simulator studio!
  • Pet retreat!
  • On-site Chef Concierge to coordinate an array of personal services and referrals for residents!

A news release further describes One88’s “sleek and distinct” silhouette with its “angular lines and varied contours.”

“The interest we have seen from the prospective buyer and broker community over the last 12 months has been astounding and a testament to Bellevue being ready for a unique project like One88,” Bemi Jauhal, director of sales and marketing for Bosa Development, said in the release. “The buyer at One88 will be drawn to a vibrant lifestyle and they’ll understand the value of urban conveniences.”

The sales gallery, which is open daily from 11 a.m. to 6 p.m, features a 3-D architectural model of the tower, visual displays with detailed information about the neighborhood, examples of interior finishes, interactive displays for floor plans and views and a vignette of a furnished model residence.

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