Waterfront condo prices set
July 4, 2008 · Updated 11:44 AM
Prices for the Harborside Condominiums have finally been set as the project continues toward its groundbreaking in early June.
As of Thursday, 44 out of the 78 initial units had been reserved by potential buyers interested in the waterfront property.
We had all of these reservations before our prices were set, said Wendy Jefferson of Reid Real Estate.
Interest in the condominiums has largely come from the local area, but it has spread beyond Kitsap County, Jefferson said.
As part of the effort to increase interest in the condos, the public is invited to a Mothers Day open house from noon to 5 p.m. at the Harborside Condominium offices on Washington Avenue.
Weve had interest from out of state including Massachusetts and Florida, and weve even had people from out of the country express interest in them, she said.
Once people have made reservations or signed purchase and sale agreements for the condominiums, they are invited to socials on the second Tuesday of every month.
These meetings keep people plugged in to whats going on as the project moves forward, she said. We want those people to feel like theyre part of the process.
Reid Real Estate recently unveiled a new Web site, which is www.harborsidecondominiums.com. The site offers a unique view of all aspects of the condos, and soon prospective buyers will be able to order a DVD containing information about the project.
We can actually start selling them, but before we were only taking reservations, said Sarah Lee, spokeswoman for the Kitsap County Consolidated Housing Authority.
Prices for the units range from $308,000 for an 840 square-foot, one-bedroom unit to $1.2 million for a 2,800 square-foot penthouse.
The condos, which will primarily be constructed with concrete and glass, will be located on Washington Avenue between Burwell Avenue and Fourth Street.
The final prices are only slightly higher than the estimated prices, Lee said.
Its clear that theres been a need for this product, which is great because its going to show people that Bremerton is not only a safe, but great investment, she said.
The condos are part of the housing authoritys role as the citys community revitalization agent and should inspire confidence in the private sector to invest in the city, she said.
Were doing this because private investors havent felt safe doing this, Lee said.
Absher Construction of Puyallup remains the tenative low bidder for the project and the details are still be worked out. Abshers bid for the project was slightly more than $32 million.