One Park Place quickly selling out of popular floor plans ...

The beautifully restored historic landmark known as One Park Place offers a sophisticated urban elegance in a high-rise condo setting that is usually only found in larger cities, according to the marketing team. Soaring above the downtown skyline and midtown, the building features 108 luxury condominiums and boasts over 20,000 square feet of impressive hotel-style amenities.

One Park Place offers a wide-open expanse of natural and urban views. In all directions and over both sides of the state line, scenes of a vibrant cityscape can be seen. Thoughtful creation of the tower?s floor plate affords every home a one-of-a-kind view unmatched in the city. Andrew Mall, who markets the building along with Mindy Hix and Ellen Vap, said 11 contracts have been written at One Park Place within the first half of 2012. Only two homes remain that are priced under $300,000 and three floor plans have sold out.Mall attributes this year?s sales success to generously sized two- and three-bedroom homes, financial stability, continued developer investments and FHA approval.?The building is beautiful and full of the finest amenities,? Mall said. ?The real estate property tax abatement in place until 2016 reduces the amount of property taxes owed by approximately 90 percent and represents a substantial, bottom-line benefit for homeowners. That, combined with FHA-approval, means their dollars stretch farther.?Low interest rates, combined with FHA approval, will offer some buyers significant benefits over what conventional loans currently offer. ?Not only will an FHA loan allow buyers at One Park Place to purchase a home with as little as 3.5 percent down on a fixed home loan, they also offer more flexibility with credit,? said Steven Tremaine, home mortgage consultant at Plaza Mortgage. ?FHA loans are assumable, meaning that when it comes time to sell, they can offer the advantage of assuming their low fixed-rate mortgage instead of taking out a new one. This can often be a significant factor at resale time if mortgage rates climb higher.? The lobby of One Park Place houses a billiard room, an extravagant wine cellar with private lockers for residents, along with a chic demonstration kitchen, wet bar and complimentary entertaining area. Maintenance-provided services and a 24/7 front desk concierge make it easy to appreciate the condo lifestyle. The building offers the convenience of an onsite, premier fitness center that includes a full weight room equipped with the latest cardiovascular machines. An indoor saltwater lap pool, steam rooms, a mirrored Pilates/yoga studio and a massage room are also available on the main lobby level. Though recently closed for the season, an outdoor swimming pool and whirlpool which overlooks the city skyline is the perfect setting for entertaining. Each home has been designed for maximum comfort and visual appeal, as evidenced by the wall of floor-to-ceiling windows as you enter each residence. The sophisticated simplicity of each home is reflected in the exceptional quality of each finish. Homes range from 1,470 square feet to more than 4,000 square feet and four model homes allow buyers to walk through a variety of distinct floor plans and visualize their future home.Only two homes under $300,000 remain. A sundrenched sixth floor condo listed at $295,000 includes two bedrooms, two bathrooms, 1,470 square feet and a south-facing view of the city. On this floor and throughout the building, buyers will appreciate the abundance of natural light that fills every room and the beautiful views that can be seen from the main living area, master bedroom and guest room. The kitchen, which reaches out to meet the living space, offers custom cabinetry, granite tile backsplash, granite countertops, stainless steel appliances, under-cabinet lighting and self-closing drawers. Features of the master bathroom include a glass-enclosed shower and deep soaking tub, granite countertops, dual sinks and ample drawer space and under-sink storage.A larger model home on the fifth floor offers two bedrooms, 21/2 bathrooms and 2,110 square feet. Listed at $415,000 and designed to be comfortable and family-friendly, this condo sets the stage for entertaining as its northwest facing views extend for miles. Inside, buyers will enjoy the open space concept of the dining and living areas. The high-function kitchen has been artfully designed to cater to the needs of even the most discriminating chef. Its rich wood cabinetry, black granite countertops and stainless steel appliances create a fully equipped workspace ideal for simple food preparation or more elaborate entertaining. Now through Oct. 15, prospective buyers and their agents who tour and complete a guest card will be entered to win tickets and transportation to the Oct. 24 Sporting Kansas City game at Livestrong Sporting Park, as well as food and drink at the game. Complete contest details can be found on the One Park Place blog. Though all interior construction was completed in early 2011, significant improvements will be made to the main indoor garage this year, as a final phase of the construction project. This represents a major capital improvement to the property, at the developer?s expense. Through the end of the 2012, crews will be working to replace the surface membrane on the garage structure, along with adding insulation, concrete and drain enhancements. This work comes with a 20-year warranty to the HOA, along with a significant, positive impact on projected reserve spending needs. During this time, the main entrance from 31st Street will be intermittently closed during construction hours. All homeowners and guests will use the entrance on Pennsylvania Street and ample guest parking will be available on the surface lot situated to the east of the building.

Source: http://www.kansascity.com/2012/09/23/3824326/one-park-place-quickly-selling.html

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