  Wpitonya Member Username: Wpitonya Post Number: 12 Registered: 08-2005 Posted From: 153.9.83.40 |
Does anyone know when these are to be completed? How many of the units are sold? | ||
Observant2art Member Username: Observant2art Post Number: 116 Registered: 11-2005 Posted From: 208.177.190.227 |
I am pretty sure you will be given the best information from Ndavies! | ||
Austinb1212 Member Username: Austinb1212 Post Number: 28 Registered: 10-2003 Posted From: 66.178.218.40 |
The Ellington is about 60% sold. I bought a unit in the building and my estimated closing date is late May/early June 2006. If you have any more questions, let me know. | ||
Mind_field Member Username: Mind_field Post Number: 438 Registered: 10-2003 Posted From: 209.240.205.61 |
Only 60% sold still? They were 60% sold 8 months ago! How come these are selling so slowly/not at all? | ||
Michigansheik Member Username: Michigansheik Post Number: 45 Registered: 09-2005 Posted From: 69.242.215.232 |
I'd say 60% sold is pretty good considering a model isn't ready yet. Also heard that Radio Shack near WSU is moving there along with a seattle based coffee shop (SB), just hate saying it after we lost cafe D. | ||
Northend Member Username: Northend Post Number: 426 Registered: 10-2005 Posted From: 69.212.227.66 |
I'd say it took Crosswinds 12 hours to sell out the approx. 60 units Garden Lofts development without a model and without the ever-so-attractive retails on the ground floor!!! | ||
Sharmaal Member Username: Sharmaal Post Number: 459 Registered: 09-2004 Posted From: 69.14.76.187 |
I don't think that was the case northend. | ||
Jt1 Member Username: Jt1 Post Number: 6196 Registered: 10-2003 Posted From: 198.208.251.24 |
Sharmaal - If tey didn't sell out in a day they came close. I think that the $/Sq ft is much more in the Ellington which may hav caused sales to be a little slower. I also believe that they got burned when they opened sales. I had heard that a few people pulled out and a speculator originally reserved a high number of units then pulled out. I don't think there was a large $ amount due at reservation (if any) so some people jumped in then changed their minds or pulled out. I will happily be corrected if anyone has better info. Mine is all 3rd hand and might be like playing the old kids game operastor where the info gets distorted every time it goes through someone. | ||
Rsa Member Username: Rsa Post Number: 703 Registered: 10-2003 Posted From: 69.220.233.237 |
the units at the carden lofts (crosswinds) went on sale about a month before their open house. during the open house they sold all of their remaining units that had not been sold during the previous month, which is where they got the "sold out in 12 hours" tagline. the difference between the two developments (besides design) is that crosswinds advertised the hell out of the development, held their openhouse on the day of another big event (can't remember which), and location. | ||
Ndavies Member Username: Ndavies Post Number: 1415 Registered: 10-2003 Posted From: 129.9.163.234 |
The 12 hour claim is here. They did have more reservations than units in the building. http://www.modeldmedia.com/dev elopmentnews/gardenloft.aspx | ||
Jt1 Member Username: Jt1 Post Number: 6197 Registered: 10-2003 Posted From: 198.208.251.24 |
RSA - Yes and no. They started taking pre-reservations so in essence one could consider them on sale. The day they claim was when PAs were done. I guess it could be like a pre sales order on the internet for movies, CDs, games type of thing. | ||
Detroitduo Member Username: Detroitduo Post Number: 373 Registered: 06-2005 Posted From: 194.138.39.55 |
And If I remember what I heard correctly, The Garden Lofts have enough people interested that they are preparing a second location of another 60 unit building to begin construction ASAP. The Garden Lofts and The Ellington are completely different animals, really. And did the Garden Lofts really advertise the hell out of their building? I don't think so. I don't remember seeing much on it until it was sold out... and I was on the "preapproved" list. | ||
Rsa Member Username: Rsa Post Number: 705 Registered: 10-2003 Posted From: 69.220.233.237 |
jt1 - gotcha. that sounds right. detroitduo - just 'cuz you didn't see them, doesn't mean they didn't. i maybe overemphasized the amount, but i'll add a quantifier; compared to other loft developments... i saw a commercial on tv, they had scrolling banners for several games at ford field, adds in every paper (free press, news, metro times, monitor, etc.), sponsored modeld, detroit urban living, and city living detroit for a while, and the ubiquitous pamphelets and booths at outdoor events. perhaps since you were already in you didn't pay much attention? | ||
Detroitduo Member Username: Detroitduo Post Number: 374 Registered: 06-2005 Posted From: 194.138.39.55 |
Naw, I think the fact that I have been living in Germany the last year has something to do with it, but thanks! I had no idea there was so much... but for that matter, I have seen much advertising for the Ellington, even before they broke ground... Anyway, you're probably right. Besides, it's crosswinds, so they WILL do alot of ads. :-) | ||
Rsa Member Username: Rsa Post Number: 706 Registered: 10-2003 Posted From: 69.220.233.237 |
ahhh, that's right. i shoulda remembered. i suppose you are exempt from noticing  | ||
Lmichigan Member Username: Lmichigan Post Number: 2736 Registered: 10-2003 Posted From: 67.172.95.197 |
Regardless, the Garden Lofts sold pretty fast be it 12 hours or a month. But, the Garden Lofts and The Ellington really are different animals. |
