Luna shines for buyers
Highrise tower in Beltline area
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.