April 2019 Issue#28 April 2019 Issue #28 | Page 229

NEXUS is downtown Seattle’s most successful high-rise presale development having
already sold 361 of the 389 homes with first occupancy scheduled for late 2019—
the soonest amongst all the city’s new construction condominiums. Robust presales
prompted the retirement of the NEXUS Sales Center in June 2018 as the developer,
Burrard Group, focused their attention on construction. Having recently celebrated the
“topping off” of the 41-story tower, Burrard is now returning to market with the 28 re-
maining homes and has appointed real estate veteran Julie McAvoy to Project Sales
Director with Realogics Sotheby’s International Realty (RSIR). New listings include one-
, two-, and three-bedroom condominium flats and Skylofts priced from below $1 million
to more than $2.7 million.
“We welcome Julie to lead the closeout of NEXUS—she is an extraordinary real estate
broker and will bring years of planning, development and marketing to a successful
sales conclusion yet again” said Dean Jones, President and CEO of RSIR. “As a down-
town Seattle resident and an experienced project marketing expert, our developer and
existing homebuyers will be well represented.”
Jones has worked alongside McAvoy at several pivotal projects during past cycles
including the 229-unit Olive 8 in the Retail and Theater District and the 261-unit 2200 at
the gateway to South Lake Union, each time establishing new benchmark results. More
recently, Julie successfully led the marketing and sales of 168-unit LUMA on First Hill,
which successfully closed out in 2016.
“I can certainly understand the market demand for NEXUS having represented several
communities that envelope this prime location,” said McAvoy. “I also live within a few
blocks of NEXUS and can attest to the residential renaissance that is taking place in
this neighborhood. Burrard had the foresight to envision a unique offering in NEXUS,
and I look forward to delivering the community to its new homeowners in time for the
holidays.”
McAvoy points to more than two dozen high profile projects under construction and
planned within moments of NEXUS, including several million square feet of office; hun-
dreds of thousands of square feet of new retail such as new grocery stores; the $1.8
billion expansion of the Washington State Convention Center; and other visionary im-
provements such as the Lid I-5 initiative, which plans to cap the I-5 highway cut and
connect downtown Seattle to First Hill and Capitol Hill with elevated parks. Not sur-
prisingly, more than 10,000 high-rise apartment units are quickly turning the immediate
neighborhood into a vertical residential enclave. However, NEXUS remains the only
community offered for individual homeownership.
229