Novae Stone Investment, a leading investment group, is excited to be playing a part in the development of the upcoming Columbia City Project. The new seven-story condominium tower will be one of the largest residential projects in Seattle, WC, with more than 260 residential units located on a site of more than 30,000 square feet.
The global asset management company, which specializes in high-growth investments, saw the potential in the Columbia City Project after doing in-depth research on the dynamics of the market. As one of the leading economic centres in Washington State, Seattle has emerged as one of the biggest technology cities in the country.
Talking to the media, a representative of the company said, “Seattle’s real estate market has a lot of potential with dozens of Fortune 500 companies located in the area, including Costco, Expedia, Boeing, Microsoft, and Amazon. Moreover, there are two major Army and Air Force and military bases present in Lakewood, a city south of Seattle. It's also one of the biggest export states for various crops, including wines. All these factors ensure that the outlook for the project will remain stable in the present and long term. The new development will also bring a new level of luxury and development to the area and has attracted interest from residents in the area and across the country."
The project is being developed by GI Group LLC, the developer of project, and features a range of amenities designed to enhance the living experience for residents. These amenities include one level of underground parking, providing residents with secure and convenient parking options.
The second phase of the project related to construction began in November 2021, with the construction of the 260-unit East Building to be completed later this year and leasing to start at the end of 2023.
People who invested in the Columbia City Phase II Building Fund will start receiving their return under the profit distribution model when the project is sold out after holding it for five years. The investment company will also assist in tax planning and future asset allocations for its clients.
For media inquiries, please contact Sarah Ross from Novae Stone Investment at firstname.lastname@example.org or visit www.novae-stone.com
Investors interested in learning more about the project can visit their website to get a detailed breakdown of the financials of the company: https://novae-stone.com/portfolio/columbia-city-project/.