She should be commended for backing out. It amazes me how many people lust after their lovely new condo and get blinded by that lust. I wonder if the developer is going to lay the wood to the builder... or if they have a collusive biz relationship just like almost everyone on almost every project around here.
Cameron
· 2 years ago
I would be VERY worried about construction defects with all of these delays. The pressure on the builder to just 'get it done' must be enormous at this point.
jaap
· 2 years ago
Now that is reallly scary. In this day and age, construction delays are to be expected to some extent - but such a lack of clear communication is pretty unforgiveable. I have friends who almost bought there and now am so glad they didn't! What a mess...
Foster
· 2 years ago
I can't understand how the builder would just reframe the windows (which wasn't how the plan was drawn) instead of simply sending the windows back a second time. I wouldn't want my windows reframed, I would demand the right size windows!
Dan
· 2 years ago
Triad is the developer of NoMa...and they are usually known for their quality of work. But they are also the developer of TRIO on lower Queen Anne, whose sales are also in the dump.
Bet you dollars to donuts that Trio gets finished with only 10-20% of the units sold, and the NoMa complex gets put up for sale before it is ever completed. If I were a buyer there, I would hire a lawyer to read my "change of developer/builder" clause very carefully, who knows who will end up finishing the project.
Does anyone know the story of Tech Tower (Tower333) in Bellevue? Sat as a crater for over 7 years...
Max
· 2 years ago
I just rescinded my offer at NOMA. I have found the delays bad but the lack of communication with the customers has been appalling.
Waiting until the second to tell customers about the endless delays then throwing a fit when customers demand they cover their growing costs as they wait for NOMA to finally be completed.
The entire experience has been a nightmare.
Cameron
· 2 years ago
Dan, the original Tech Tower developer could not finish. Vacancy rates were going way up at the time. Of course, Bellevue now has one of the tightest office markets in the country and the tower (Tower 333) is due to be finished towards the end of the year. There are rumors that Google is eyeing it for expansion to counter Microsoft.
This was the tower the crane collapsed from last year, damaging two neighboring buildings and killing a person.
Dan
· 2 years ago
Cameron,
I am familier with the story of the tower, I was just drawing a reference to the current condo situation. You have a developer (in this case many), who begins a construction project in the heat of a bubble (tech bubble for the tower), and ends up being halfway done right as it collapses. The bank makes a call for the loan, the developer hasn't sold any condos (or leased any space), and is forced to sell the property to the highest bidder.
I am merely predicting that this will happen with a number of condo projects in the Puget Sound (Domaine, NoMa, Equinox, Fini). Too many people starting construction who already missed the gravy train.
Dan
· 2 years ago
Also, sadly...Google recently nixed the tower and leased 75,000 additional sf of space in Fremont, near the Red Door and Epi Apartments. They are going to focus on Seattle. (They were actually third in line to purchase the Safeco Tower in the U-District, until the Governor stepped in and made a "suggestion" that it be sold to the U.)
Annette
· 2 years ago
Does anyone else out there have a problem with Domaine?
Dan C.
· 2 years ago
I live right near there on Queen Anne. Just imaging how fun that clusterf*ck of an intersection will be when we have 200+ more people trying to get through there. Bet the sales team does not talk about that.
Plus, who would want to live ON highway 99?
Annette
· 2 years ago
Well, I put a deposit on a condo in the Domaine Complex but at the front facing Lake Union - there have been countless delays and no word from the sales team(s). I have to keep chasing them as I can see it is not near completion - it is such a pain.....
Cheers
Ken
· 1 year ago
My friend moved into his one bedroom NOMA condo about 11 months late. A couple months later a fire two floors above caused severe water damage in his unit. He has spent almost 4 months in an apartment while his condo is repaired and will probably face at least 4 more. NOMA management is being VERY uncooperative during the entire process. You couldn't pay me to get a condo here!
All Comments
Bet you dollars to donuts that Trio gets finished with only 10-20% of the units sold, and the NoMa complex gets put up for sale before it is ever completed. If I were a buyer there, I would hire a lawyer to read my "change of developer/builder" clause very carefully, who knows who will end up finishing the project.
Does anyone know the story of Tech Tower (Tower333) in Bellevue? Sat as a crater for over 7 years...
Waiting until the second to tell customers about the endless delays then throwing a fit when customers demand they cover their growing costs as they wait for NOMA to finally be completed.
The entire experience has been a nightmare.
This was the tower the crane collapsed from last year, damaging two neighboring buildings and killing a person.
I am familier with the story of the tower, I was just drawing a reference to the current condo situation. You have a developer (in this case many), who begins a construction project in the heat of a bubble (tech bubble for the tower), and ends up being halfway done right as it collapses.
The bank makes a call for the loan, the developer hasn't sold any condos (or leased any space), and is forced to sell the property to the highest bidder.
I am merely predicting that this will happen with a number of condo projects in the Puget Sound (Domaine, NoMa, Equinox, Fini). Too many people starting construction who already missed the gravy train.
Plus, who would want to live ON highway 99?
Cheers
A couple months later a fire two floors above caused severe water damage in his unit. He has spent almost 4 months in an apartment while his condo is repaired and will probably face at least 4 more. NOMA management is being VERY uncooperative during the entire process.
You couldn't pay me to get a condo here!