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Old Posted Nov 5, 2006, 10:15 PM
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Hankster Hankster is offline
Hankster
 
Join Date: Aug 2006
Location: Chattanooga / Nashville, TN
Posts: 161
I talked to a sales agent for the Encore I project (20 story SoBro Novarre / Giarratana Development project) and found out the following things. First, the Encore Project is already about 50% sold, despite the sales office only being opened a few weeks. There is great interest, and the project seems headed to a sure sell out.

When asked about the status of the Signature Tower project, she stated that about 190 units (out of 400) have already been reserved. That's despite the fact that a sales office has not opened yet. She stated that a sales office is slated to open in January. Word is that Tony Giarratanna plans to begin excavation of the more than one hundred foot deep hole for Sig Tower in January. The project is now 70 stories tall (82 if you count the below ground parking garage) and 1057 ft tall.
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