| |
|
|
Design Unveiled, Sales Start for Luxury Condos
By C. David Kotok, World-Herald Staff Writer
Published Thursday October 28, 2004
The new condo community along Omaha’s riverfront is being pitched as “a special place,” and it comes at a special price.
After a year of preparation, sales got under way Wednesday with an unveiling of the final design for the development that will feature condominiums in two towers and townhouses.
The starting price for the smallest unit in the tower -- one-bedroom with a den (1,000 square feet) -- is $239,900. Prices escalate to $324,900 for the two-bedroom units (1,400 square feet) on up to $1.4 million for the two-story penthouses (4,200 square feet).
Townhomes (2,100 square feet) are priced at $349,900 and up.
None of those prices include the $300 and more a month in fees to cover maintenance, a fitness center and security.
A permanent sales office will open Nov. 6 in the Courtyard by Marriott hotel at 10th and Dodge Streets.
Ross Robb, one of the project’s out-of-town developers, said construction will begin in the spring, and owners should be able to take occupancy in the summer of 2006.
The first construction phase includes a 34-condo tower and 18 townhouses. Another tower and set of townhouses would be in a second phase, along with a riverside restaurant.
Although the prices are high by Omaha standards and are higher than early projections, Robb said the current prices realistically reflect the market and comparable developments in other cities.
“This is a project that honors this site and this city,” Robb said. “We believe we’ve answered the call of this community for world-class architecture.”
Robb got no argument from Mayor Mike Fahey or Greater Omaha Chamber of Commerce President David Brown on the development that will be built directly south of the Gallup University campus.
Fahey said the final design “exceeded the expectation we had for the riverfront.”
Brown called it “another arrow in our quiver” to attract new business and young professionals.
« back to news articles |
|
|
|
|
|
