Quote:
Originally Posted by TheRitsman
I had heard that many purchasers had held onto their down-payment in the project, or would have first pick. I would assume that if shovels in the ground were promised by May, many previous buyers would be interested in re-purchasing in this location.
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This will be considered a brand new development. I would be surprised if those who previously put a down payment on a unit in "The Connolly", would have first dibs on a unit in the new development.
It depends on if this location was the main priority of the original purchasers in the Connolly. For those, I can see them wanting to purchase at the same location again. I don't know if the location is the number one though. A lot has changed from when The Connolly first started selling to now. One of the largest variables will be the price point. When The Connolly first started sales, the real estate market was at a much different point.
For a developer to make the profit that they desire in this new market, prices will be a lot more than they originally were back then.
We'll have to wait for marketing materials and pricing, design, amenities before deciding what the main draw will be at this development.