Optima selling 14 times faster than Metro Phoenix average

Real Estate | 22 Aug |

Award-winning real estate development firm, Optima, announced today it has surpassed the 300th sale milestone at Optima Kierland Center in Scottsdale and leads the market for sales velocity by nearly 14 times the Phoenix-metro average when compared to other new condominium developments across the Valley.

According to a July 2019 market study by Polaris Pacific, the West Coast leader in multi-family real estate sales and marketing, new condominium developments in Phoenix-metro averaged 1.3 sales per month since January 2019. Since sales began at 7180 Optima Kierland in January 2019, there have been 90 homes sold at the rate of 13 per month.

“The Valley’s housing market during the summer months is typically very stagnant, however we have been fortunate enough to have buyers, both locally and nationally, maintain strong interest in 7180 Optima Kierland,” said Optima President and Principal Architect David Hovey, Jr., AIA. “The three major draws for buyers have been the upscale amenities that surpass any other residential offering in the state; proximity just across Kierland Boulevard to world-class shopping, dining and entertainment; and the high level of customization that buyers can take advantage of.”

Within Optima Kierland Center, the $500 million luxury residential community located in the desirable Kierland neighborhood, are four distinct residential towers each with completely separate and private amenities. Two of the towers offer for-sale condominiums and include 7120 Optima Kierland, the Valley’s fastest selling condominium community in recent years that sold out all 220 residences in March, and 7180 Optima Kierland, which is now selling and will be completed in 2020.

Priced from the $500Ks to over $2 million, the 12-story 7180 Optima Kierland tower is comprised of 202 meticulously designed, one-, two- and three-bedroom homes, plus expansive penthouses. 7180 Optima Kierland provides buyers the unique freedom to combine and customize residences in order to create a truly bespoke dream home. Buyers have the ability to work with Optima’s in-house architecture and interior design teams to combine floor plans and customize interiors to compose a true masterpiece of a home.

7180 Optima Kierland boasts an array of lavish amenities both on the ground floor and rooftop Skydeck with Arizona’s first residential rooftop running track, a heated lap pool, a full outdoor bar and kitchen with entertaining spaces, indoor and outdoor theaters, a ~16,000 square-foot fitness center, a basketball, pickle ball and squash court, and much more.

“Condominium buyers today want convenience, customization and connectivity and Optima Kierland Center checks all the boxes for even the most discerning of buyers,” said Hovey Jr.

7180 Optima Kierland is a nature-inspired and environmentally-integrated property that embodies Optima’s renowned architecture style of elegant buildings that create rich textures, shades and shadows as well as the signature vertical landscape system where lush plants grow from private terraces and drape over the building’s exterior. These dramatic, lush hanging gardens have become a hallmark in defining Optima’s award-winning design aesthetic.

The architecture of Optima Kierland Center is intended to be a solution to 21st-Century residential design that uses innovative sustainable systems and materials, produces exciting interior and exterior spaces and provides a dynamic public and pedestrian-friendly environment.

Optima Kierland Center is based upon the concept of vertically stacked courtyard houses in conjunction with grand open civic courtyards that are reminiscent of classical-era planning. The buildings are designed to float above grade level and allow for maximum amount of landscaping and open space. Nearly six acres of landscaped open space on the ground level create a park-like setting for the community.

Designed by Hovey Jr., Optima’s cutting-edge, residential buildings have been nationally recognized with over 50 prestigious awards for the company’s commitment to design, innovation and sustainability.

For more information about Optima and 7180 Optima Kierland, visit Optima-Kierland.com.

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