Monday, July 11, 2016

Parcel 11 Update

Construction will be wrapping up at the new St. Augustine’s Episcopal Church in the next couple of months. On Wednesday, September 24, the church will celebrate its reopening with a convocation, starting at 4pm. Meanwhile, 525 Water condos are approaching 50% pre-sold and the building is open for unit tours. Move-ins are scheduled to start this summer. These are the first buildings at The Wharf that will be completed. Infrastructure work continues at Waterfront Park, a three-acre open space adjacent to 525 Water, and construction should be completed either late this year or by early next year. The remaining buildings in phase one are supposed to be complete in the fall of 2017.

4 comments:

SW Local said...

Thanks for these updates!
Any word on when the buildings in phase one will be topping off? Parcels 3 and 4 look like they might be close.

SWill said...

I don't have official word on when that will happen, but I imagine each building will top off at different times since they are at various stages of construction.

SWRyan said...

The price per SF on those condos = insanity

AMK said...

SWRyan - totally agree. And I was personally very disappointed with what I saw and learned at the sales center. No pool and no gym? Those are standard amenities for "luxury" buildings these days, and their prices certainly indicate that they think of 525 Water as a luxury building. And personally I dislike the interior finishes as well. Very disappointing. I'm in the market for a new home, and I hope to stay in Southwest, so I'd hoped for better from 525 Water. Very disappointed. The development definitely doesn't seem worth the price -- although apparently at least some people disagree since it's 50% sold.