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Old Posted Apr 4, 2006, 10:44 PM
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Los_Lobo Los_Lobo is offline
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Join Date: Aug 2005
Location: Dixon, CA (Sacramento ??)
Posts: 273
Quote:
Originally Posted by TowerDistrict
Yes... it was an aquaintence of a friend of mine. They had said that
it was all that and they were happy to get it.

Now that price is three times what the original starting price was to be.
I expected the original prices were waaaay too low. But not like that!!!

I love this project to death, but maybe that's just a wee bit steep?
Was it in Tower II? That's $600/sf. Prices weren't that high around the 25th floor in Tower I at the first sales event, but they were in the $500's/sf. By the end of Sunday, when I was there, the upper floors were over the $600/sf range. They were supposed to go higher at the 2nd sales event.

Originally I believe they were quoting prices as "starting in the $350,000's". That would be for the smallest unit (650 sf?) on the lowest floor. Even that is $538/sf. (That's what all this "sticker shock" talk has been about.) I'm just glad I'm not in the 3rd sales event group! And, yes, the true test will be how many non-refundable deposits they'll be getting soon. I know of at least one they'll be getting......
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