Discuss Detroit Archives - Beginning January 2006 The Ellington Previous Next
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Wpitonya
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Username: Wpitonya

Post Number: 12
Registered: 08-2005
Posted From: 153.9.83.40
Posted on Monday, December 12, 2005 - 8:16 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

Does anyone know when these are to be completed? How many of the units are sold?
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Observant2art
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Username: Observant2art

Post Number: 116
Registered: 11-2005
Posted From: 208.177.190.227
Posted on Monday, December 12, 2005 - 8:20 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

I am pretty sure you will be given the best information from Ndavies!
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Austinb1212
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Username: Austinb1212

Post Number: 28
Registered: 10-2003
Posted From: 66.178.218.40
Posted on Monday, December 12, 2005 - 8:53 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

The Ellington is about 60% sold. I bought a unit in the building and my estimated closing date is late May/early June 2006.

If you have any more questions, let me know.
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Mind_field
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Username: Mind_field

Post Number: 438
Registered: 10-2003
Posted From: 209.240.205.61
Posted on Monday, December 12, 2005 - 8:57 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

Only 60% sold still? They were 60% sold 8 months ago! How come these are selling so slowly/not at all?
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Michigansheik
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Username: Michigansheik

Post Number: 45
Registered: 09-2005
Posted From: 69.242.215.232
Posted on Tuesday, December 13, 2005 - 2:06 am: Edit PostDelete PostMove Post (Moderator/Admin Only)

I'd say 60% sold is pretty good considering a model isn't ready yet. Also heard that Radio Shack near WSU is moving there along with a seattle based coffee shop (SB), just hate saying it after we lost cafe D.
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Northend
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Username: Northend

Post Number: 426
Registered: 10-2005
Posted From: 69.212.227.66
Posted on Tuesday, December 13, 2005 - 11:35 am: Edit PostDelete PostMove Post (Moderator/Admin Only)

I'd say it took Crosswinds 12 hours to sell out the approx. 60 units Garden Lofts development without a model and without the ever-so-attractive retails on the ground floor!!!
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Sharmaal
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Username: Sharmaal

Post Number: 459
Registered: 09-2004
Posted From: 69.14.76.187
Posted on Tuesday, December 13, 2005 - 12:03 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

I don't think that was the case northend.
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Jt1
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Username: Jt1

Post Number: 6196
Registered: 10-2003
Posted From: 198.208.251.24
Posted on Tuesday, December 13, 2005 - 12:08 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

Sharmaal - If tey didn't sell out in a day they came close.

I think that the $/Sq ft is much more in the Ellington which may hav caused sales to be a little slower. I also believe that they got burned when they opened sales. I had heard that a few people pulled out and a speculator originally reserved a high number of units then pulled out.

I don't think there was a large $ amount due at reservation (if any) so some people jumped in then changed their minds or pulled out.

I will happily be corrected if anyone has better info. Mine is all 3rd hand and might be like playing the old kids game operastor where the info gets distorted every time it goes through someone.
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Rsa
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Username: Rsa

Post Number: 703
Registered: 10-2003
Posted From: 69.220.233.237
Posted on Tuesday, December 13, 2005 - 12:13 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

the units at the carden lofts (crosswinds) went on sale about a month before their open house. during the open house they sold all of their remaining units that had not been sold during the previous month, which is where they got the "sold out in 12 hours" tagline.

the difference between the two developments (besides design) is that crosswinds advertised the hell out of the development, held their openhouse on the day of another big event (can't remember which), and location.
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Ndavies
Member
Username: Ndavies

Post Number: 1415
Registered: 10-2003
Posted From: 129.9.163.234
Posted on Tuesday, December 13, 2005 - 12:14 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

The 12 hour claim is here. They did have more reservations than units in the building.
http://www.modeldmedia.com/dev elopmentnews/gardenloft.aspx
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Jt1
Member
Username: Jt1

Post Number: 6197
Registered: 10-2003
Posted From: 198.208.251.24
Posted on Tuesday, December 13, 2005 - 12:37 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

RSA - Yes and no. They started taking pre-reservations so in essence one could consider them on sale.

The day they claim was when PAs were done. I guess it could be like a pre sales order on the internet for movies, CDs, games type of thing.
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Detroitduo
Member
Username: Detroitduo

Post Number: 373
Registered: 06-2005
Posted From: 194.138.39.55
Posted on Tuesday, December 13, 2005 - 12:41 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

And If I remember what I heard correctly, The Garden Lofts have enough people interested that they are preparing a second location of another 60 unit building to begin construction ASAP. The Garden Lofts and The Ellington are completely different animals, really.

And did the Garden Lofts really advertise the hell out of their building? I don't think so. I don't remember seeing much on it until it was sold out... and I was on the "preapproved" list.
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Rsa
Member
Username: Rsa

Post Number: 705
Registered: 10-2003
Posted From: 69.220.233.237
Posted on Tuesday, December 13, 2005 - 12:54 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

jt1 - gotcha. that sounds right.

detroitduo - just 'cuz you didn't see them, doesn't mean they didn't. i maybe overemphasized the amount, but i'll add a quantifier; compared to other loft developments... i saw a commercial on tv, they had scrolling banners for several games at ford field, adds in every paper (free press, news, metro times, monitor, etc.), sponsored modeld, detroit urban living, and city living detroit for a while, and the ubiquitous pamphelets and booths at outdoor events. perhaps since you were already in you didn't pay much attention?
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Detroitduo
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Username: Detroitduo

Post Number: 374
Registered: 06-2005
Posted From: 194.138.39.55
Posted on Tuesday, December 13, 2005 - 2:24 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

Naw, I think the fact that I have been living in Germany the last year has something to do with it, but thanks! I had no idea there was so much... but for that matter, I have seen much advertising for the Ellington, even before they broke ground...

Anyway, you're probably right. Besides, it's crosswinds, so they WILL do alot of ads. :-)
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Rsa
Member
Username: Rsa

Post Number: 706
Registered: 10-2003
Posted From: 69.220.233.237
Posted on Tuesday, December 13, 2005 - 3:05 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

ahhh, that's right. i shoulda remembered. i suppose you are exempt from noticing :-)
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Lmichigan
Member
Username: Lmichigan

Post Number: 2736
Registered: 10-2003
Posted From: 67.172.95.197
Posted on Tuesday, December 13, 2005 - 4:07 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

Regardless, the Garden Lofts sold pretty fast be it 12 hours or a month. But, the Garden Lofts and The Ellington really are different animals.

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