What started out as a condo development, then turned into apartment building is now being turned back into condo building.
Units at Hjarta (1528 NW Market St) will be on the market later this month at deeply discounted prices. “Inventory will be officially released for sale on March 27, 2010 as part of a bulk sales approach whereas the seller offers a volume sales discount in exchange for quick closings,” the developer Pryde + Johnson states in a press release. The asking price for the units is 35 percent lower than the original asking price.
The new pricing is:
Studios (578 — 598 sq. ft.) will start from $244,950;
One bedrooms (614 — 921 sq. ft.) will start from $274,950,
One bedroom plus dens (792 — 923 sq. ft.) will start from $314,950;
Two bedrooms (1,037 — 1,447 sq. ft.) will start from $399,950
Two bedrooms plus den penthouses (1,331 — 1,578 sq. ft.) will start from $589,950
Three bedroom plus den penthouses (1,909 sq. ft.) will start from $799,950
Eighteen of the LEED “Silver” targeted homes will be released in the first batch of units available for purchase. Renters who currently call Hjarta home have the option of purchasing a unit. Leases will not be renewed in 2010. (Urbnlivn has the entire press release here.)