Quote:
Originally Posted by Harley613
Wowzers..I really thought this one was a sure bet. They had the little grocery store signed up an everything. I wonder if it will be revived when the market bounces back.
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I initially thought the project looked strong, but when Claridge Icon started releasing their sales numbers, you could see where the purchases were going. While they both sat at about 20% sales, this translated to 14 actual sales for Nuovo and 71 for Claridge. Now that construction is about to start, it seems other projects are just waiting/getting out of the way. I'm very excited about Icon going up, but I do like to see a variety of builders participate in the marketplace. Nuovo would have been good for the area.
As a buyer though, I'd have difficulty buying a unit in this project knowing it was going up in the shadow of a 45 storey tower.