BartonPlace Shows Condo Demand is Still Strong
September 05, 2007 21:38 Filed in: Condo
Projects
BartonPlace, a planned
270-unit condo project behind Austin Java on
Barton Springs Road, announced today that
despite recent media attention and public
speculation about whether the Austin condo
market is being overbuilt, 300 people have
already made reservations for a chance to buy a
condo in their 270-unit project. They also
announced that they will end the reservation
project after tomorrow. After that, the only way
to reserve a unit will be with a sales contract
on any that do not sell in the pre-sales period.
The project is expected to begin construction
later this year.
The project includes one, two, and three bedroom units starting at $263,000 for 683 feet. With a prime location close to downtown and next to Barton Springs pool and park, the project will is in a great location and well priced. As we have seen with many of the downtown projects, the lower the price, the higher the demand. Projects like 360 with many units under $400K have sold very quickly.
The full profile is included here.
Project Rendering:
Approximate top floor view:
The project includes one, two, and three bedroom units starting at $263,000 for 683 feet. With a prime location close to downtown and next to Barton Springs pool and park, the project will is in a great location and well priced. As we have seen with many of the downtown projects, the lower the price, the higher the demand. Projects like 360 with many units under $400K have sold very quickly.
The full profile is included here.
Project Rendering:
Approximate top floor view: