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June 30, 2011

Trinity Real Estate

Trinity Real Estate said it will “upsize” the Enclave at Lake Union to target people moving from large homes on Lake Washington. The company will combine some of the 21 fee-simple attached units to create 5,200-square-foot units. A unit in “vanilla shell” condition will be priced at about $3 million. Fully finished units will be priced at about $3.4 million. The standard units range from 2,500 to 3,000 square feet, and are being presold starting at $1.3 million. Some presales are in negotiations but no units are under contract, according to Dean Jones of Realogics Sotheby's International Realty, which is co-listing Enclave with Northwest Group Real Estate. Atelierjones is the architect, and Charter Construction is the proposed general contractor. The Enclave is at Wards Cove, on the northeast shore of Lake Union. Wards Cove Packing Co. is developing the overall project, which will have a marina, office space and 12 floating homes.

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