Spa Lofts will be an intimate midrise project of three buildings. Residences will be on the top 4 floors with parking below. There are four floor plans of one and two story lofts to choose from. Phase one pricing is set around $350 per square foot, a bargain compared to similar projects around the valley. Spa Lofts will have all of the common amenities and units come furnished with the latest high end fixtures, including a home theater system complete with surround sound and plasma tv. Reservations are being taken at this time and with only 147 units available, it should be sold out soon. Spa Lofts is being built on Rainbow Blvd, near the beltway.