Like many of you, we here at The Urban Agent Team have been eagerly anticipating Phase 2 of The Aspen (on the SW corner of 8th and Front) in BoDo since we first saw the Sketch-up renderings for this forward-thinking, modern, architectural oasis in downtown Boise.
The Aspen is a condo project that embodies urban living in both price point and amenities. Released to the market in two phases, Phase 1 comprised 28 units on floors 10-17, ranging from $449k to nearly $1.5 million. With price point, amenities and finishes, this Phase was primarily targeted to the baby boomer urbanite and sold quickly. Only 8 units remain at the time of this posting.
In contrast, newly available Phase 2 comprises 50 units on floors 5-9, ranging from $179k to $499k, catering to the echo boomer urbanite to whom location and walkability matter more than size and finishes.
Interest in and excitement among the buying community looking for the convenience of urban condo living has been strong for both phases.
Many have questioned this unique project from the beginning and many more wondered whether developer Scott Kimball would be able to pull of a sell-out of the project in today's market.
After Urban Jen and I toured the project today, however, I believe that victory is firmly within his grasp. I can say, hands down, that Scott has nailed it with The Aspen. He not only understands but is catering to both of his target demographics - echo and baby boomers - as well as the pricing demands of today's market.
Scott we here at UAT applaud you and wish you all the best of success. We have no doubt that your project will stand as a testament to the fact that good design and a thorough understanding of your audience combined with competitive (and realistic) price points is the recipe for development success in any market.
For more information or to schedule a showing of The Aspen please contact us today!
Lindsay: 208.841.2263, lindsay@urbanagentteam.com
Jen: 208.602.5372, jen@urbanagentteam.com
Nick: 208.272.1933, nick@urbanagentteam.com
Regional urban real estate expert serving Boise, Seattle & Portland! Well versed in New Urbanism, High Density, Mixed Use, Urban Living, Sustainability, Green Building, Energy Star, LEED, EEM's, LEM's
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