Luna shines for buy­ers

High­rise tower in Belt­line area

Calgary Herald - Calgary Herald New Condos - - New Condos -

It’s nice to see a busy con­struc­tion site in the Belt­line area, where a high­rise condo tower is tak­ing shape.

And it’s sell­ing bet­ter than the de­vel­oper had hoped, even with the re­cent re­ces­sion.

“Sales at Luna have out­paced our ex­pec­ta­tions through the past year — and 2011 has started off no dif­fer­ently,” says Chris Col­beck, vice-pres­i­dent of sales and mar­ket­ing for Qualex-Land­mark Group of Com­pa­nies.

The B.C. de­vel­oper is now build­ing the third tower in the de­vel­op­ment, which is in Con­naught at 12th Av­enue and 10th Street S.W.

It’s next to Stella and Nova, the de­vel­oper’s other two suc­cess­ful tow­ers.

“Con­sumer con­fi­dence to­wards Luna and Qualex-Land­mark con­tin­ues to be very strong and very op­ti­mistic,” says Col­beck.

Con­struc­tion on the tower

Mhas risen to the fifth floor and it is ex­pected to be com­pleted by June 2012 — and that’s one rea­son peo­ple have bought into the de­vel­op­ment, he says.

“We are well un­der con­struc­tion ahead of sched­ule” com­pared to some other tow­ers, he says, adding the tim­ing al­lowed Qualex-Land­mark to come in at lower ne­go­ti­ated prices with trades­peo­ple and sup­pli­ers.

“As well as ef­fi­cien­cies from Luna be­ing our third and fi­nal tower, we’ve passed these sav­ings onto the buyer,” says Col­beck.

The tower will con­tain 30 storeys to­talling 218 units in both one-and two-bed­room con­fig­u­ra­tions — and Luna is about 70 per cent sold.

Prices start at $255,800 for one-bed­room units and from $352,900 for two-bed­room units.

While the tower is be­ing con­structed, Luna has a dis­cov­ery cen­tre with dis­play suites at 1120 10th Av­enue S.W.

The two-bed­room model is 888 square feet with a flex space to the right of the door into the unit, an open kitchen/ nook, and great room space with ac­cess to the good-sized bal­cony.

The Luna tower will con­tain 30 storeys to­talling 218 units.

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.