Hi I was there and looked at those condos a couple weeks ago. It is a renovated rental building and they have done a very nice job. there are some unique amenities eg: Movie theater for owners to book free of charge with a huge screen to play DVDs on and it even has a popcorn machine

As for transportation, it sits on top of a rather steep road and at the moment there is no way to the main street except drive or walk. Up would be a work out! However they did mention that they are trying to work out an arrangement for the free electric city shuttle to stop there as it expands its route system, you may want to check with the city transportation dept to see if that is actually going to happen.
It is very reasonably priced as some of the buildings right in town are priced in the mid to high 6 figures.
If the person who sent you the condo link would be kind enough to publish it I would be very interested in checking it out.
Thanks and good luck on your search....