Aria On The Bay 80 Percent Sold, Weeks From Top Off

Condo units at Aria On the Bay are still selling well as the building nears top off.

More than 80 percent of units are now in contract, a spokesman for the developer told the SFBJ. Construction has reached the 47th of 53 levels, with delivery projected in early 2018.

About two months ago, the developer had said 75 percent of units were in contract. Eight months ago, the number was at 70 percent. There are 648 units under construction, so each 5 percent increment is equal to another 32 units sold.

With top off and sell out approaching, the developer has lowered deposit requirements. Earlier this week, the developer announced they will accept 35 percent deposits for the remaining units, compared to 50 percent previously.