The Grande North has a great buy on the 18th floor!
Columbia District is growing very quickly. With Bosa Development’s Pacific Gate and Kettner & Ash projects under construction, it is an exciting time to invest in the neighborhood. In my opinion this 18th floor 2 bedroom and an office is the best buy in downtown at the moment.
The Grande North Condo For Sale:
- 18th Floor
- 2 Bedrooms + Den
- 2 Bathrooms
- 1,684 Square Feet
- Amazing Views of the Bay
- Offered at $1,049,000
Why is this a great deal?
Columbia District is a Hot Neighborhood!
Let’s start with the growing neighborhood because it’s always about Location, Location, Location! The Grande North was built by Bosa Development. Bosa is building their newest project, Pacific Gate, which has been referred to as the nicest building on the West Coast. The prices start around $1,400,000 and the building is expected to hit an average price per square foot over $1,100.
At $1,049,000, the condo in The Grande North is offered at $623/square foot. Now think about that. A great view, excellent layout and a building built by the same developer, for almost half the price per square foot!
Bosa Development also currently owns 3 additional lots in the neighborhood. Bosa has sister building to Pacific Gate planned to the north and they just put up the construction fencing for their project at Kettner and Ash. While they may be the largest residential developers in Downtown San Diego, they aren’t the only ones looking at San Diego’s bay.
Doug Manchester also has a project planned for the neighborhood that is expected to cost $1.3 billion. The project will be to the North of Seaport Village and will consist of 7 buildings and 2 parks. The buildings will consist of Class A office/retail space, a 29 story 4-Star hotel, Medal of Honor Museum, a 10 story 5-Star hotel, and a US Navy Headquarters Class A office building. This is a huge addition to the neighborhood and will include high end shopping and dining.
If that isn’t enough, lets discuss the values in the building!
In the last 6 months, this floor plan has sold at the average price of $1,106,000. The average floor height between the 5 sales is the 14th floor. This 18th floor condo comes at an extremely good value!
Currently there are 3 other floor plans for sale that match this great 18th floor condo. They are all on lower floors and are offered between $1,099,000-$1,250,000! This is a great opportunity for a strong investment in a neighborhood that has a bright future.