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Old Posted Apr 4, 2007, 12:18 AM
crewer crewer is offline
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Join Date: Mar 2005
Location: Palm Springs, CA
Posts: 317
Quote:
Originally Posted by tildahat View Post
I'll save M1KE the trouble of asking: "Where are Crestview Station residents going to ride the train to?" If you work downtown, UT, the Capital, state offices at 51st, etc. the #1, #101, and rapid bus if it ever happens are your best transit options.

Having said that, I think it's a pretty good development. If they had stuck to their original "starting around $175k" estimate, I'd be interested. Don't have a quarter mil to throw around though...
As is the case with any new rail system, you have to start someplace. Crestview Village isn't going away after a year or two. It'll be there for decades. A lot of rail will be coming beyond this first line that will better connect it to the rest of the city.

I'm not surprised with the pricing. You might have noticed that the only housing in the Mueller project in the low to mid 100's were their "affordable" units which require special qualification. The rest of the housing is in line with Crestview.

Now that the subprime is tanking and people are a lot more apprehensive about all the "creative financing" previously used to get people into unaffordable homes, it will be interesting to see if fewer people will qualify for Crestview and Mueller, and if there will be a slowdown in "closings".
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