Construction progress at BRIX Condos in Salem is zipping along! Notwithstanding the challenges that we’ve all faced over the past year plus, construction has been proceeding smoothly throughout.
Accordingly, we’re pleased to note that construction is approximately 80% complete and we’re looking towards a late summer completion. Kudos to our terrific general contractor, Salem-based Groom Construction, as they continue to make their way through an uncertain supply chain that has had an impact on all construction schedules, including our own.
Our Model Unit at BRIX is now fully staged and it looks great. It's a fantastic complement to our sales office and gallery and will give buyers a great opportunity to see, touch, and feel the quality of BRIX. The finishes enhance the transitional aesthetic of the building, a seamless bridge between historic Salem and its burgeoning future.
We’re also delighted to note that more than 75% of the units at BRIX are under agreement, and the sales we've had to date are breaking records. This is clearly a testament to the desirability of a vibrant, historic, and pedestrian-oriented city…and to BRIX, the right building in the right place at the right time. At this point, it’s safe to say that the development team and all the buyers to date all made the right decision to bet on Salem.
The positive reaction from buyers has been nothing short of remarkable. Buyers are coming locally from Salem and the North Shore, of course, but BRIX is also attracting many buyers from the Boston/Cambridge area who are attracted to the "suburban" price points and waterfront access, while being able to maintain all the walkable lifestyle amenities they've come to love with city-living as showcased in the Salem neighborhood video tour below.
Condominium homes at BRIX are priced from the low-$400,000s to over $1 million for water-view penthouses. Schedule a tour today to see everything BRIX and Salem have to offer.
Sales at BRIX to date also mark another major success of CHARLESGATE’s innovative new development marketing & sales division. CHARLESGATE is an integrated real estate firm based in Boston offering on-site sales & marketing for new developments, property management, investment sales, and general brokerage sales & leasing services. Our new development on-site sales & marketing division specializes in combining innovative design and branding techniques with effective inbound lead generation methods to engage the marketplace, connect with buyers and renters, and drive demand for unit sales & rentals – all with a highly targeted analytics-based approach that substantially increases absorption and reduces overall marketing costs. CHARLESGATE has been named one of the fastest-growing private companies in America on the Inc. 5000.