Kierland Commons Sells 3 Plaza Lofts

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(SCOTTSDALE, AZ) -- The Plaza Lofts at Kierland Commons sold three Scottsdale lofts for a total of $3.295 million in sales between May 31 and June 3. Two sales were for new developer units, while the third was a resale. The three lofts sold for an average sales price per square foot of $505.

"We've had a busy spring, and we're thrilled to kick off the summer with three strong closings in one week," said Trudy Hammond of Signature Properties, director of sales for The Plaza Lofts. "Our community's one-of-a-kind lifestyle continues to attract buyers the way it always has, and the value proposition here remains unmatched."

Located on the border of Northeast Phoenix and Scottsdale, The Plaza Lofts is a luxury condo community with 84 residences, 54 of which are located in a nine-story tower and 30 of which overlook Main Street of Kierland Commons, an award-winning urban-inspired development that also features upscale shopping, dining, entertainment and office space. Pricing for these Scottsdale condos starts in the low $400,000s for one-bedroom plans and the $700,000s for two-bedroom plans.

Each of these contemporary Scottsdale lofts showcases state-of-the-art interior finishes such as upscale flooring; granite and quartz countertops; Wolf, Sub-Zero and Asko appliances; solid core, eight-foot entry and interior doors; stackable sliding glass doors to expand the indoor/outdoor living area to the adjacent dining-size balconies; floor-to-ceiling dual pane, high-efficiency windows; dual-insulated party walls; as well as walk-in closets and oversized bathtubs in the spacious bedrooms and bathrooms. Ceiling heights range from 10 to 13.5 feet.

Among the amenities The Plaza Lofts residents enjoy are private, gated residential parking; elegant reception lobbies with card-access entry; two community rooms; a private high-end fitness center; as well as an outdoor recreation deck with a water feature, heated lap pool, whirlpool, ramadas, fire pits, gas barbecues, tables and comfortable seating. Residents also receive exclusive discounts on dining and shopping throughout Kierland Commons.

"Our community offers a lot to love with its beautiful finishes, exceptional lifestyle amenities, stunning views, and unbeatable access to Kierland Commons as well as other nearby attractions," said Hammond. "Not to mention the fact our community is financially secure. The Plaza Lofts HOA is professionally managed and fiscally fit, with reserves holding a very high financial rating. This is just another reason our buyers feel confident about their decision to make The Plaza Lofts their home."

The Plaza Lofts Condominium Association was set up by the project developer, Woodbine Southwest, to ensure the community's long-term financial viability. The on-site management team comprises a community manager, maintenance supervisor, maintenance assistant, two porters and a concierge

The Plaza Lofts at Kierland Commons is a community of contemporary residences designed for people seeking a vibrant, urban lifestyle. Kierland Commons is a 700,000-square-feet Main Street-style development that incorporates 70 upscale specialty retailers, exquisite dining, entertainment, and office space and luxury residential plans into an urban neighborhood setting. The 38-acre mixed-use destination is an innovative environment that has become a locally and nationally sought-after residential community, as well as a gathering place for the surrounding communities of Northeast Phoenix and Scottsdale. Kierland Commons was one of 10 developments honored as award-winners by the Urban Land Institute's 2009 Awards for Excellence.

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