California Condominiums | ?m | 32s | Camrost-Felcorp | Onespace

RajH

New Member
Member Bio
Joined
Jun 29, 2008
Messages
13
Reaction score
0
thats not good at all......I bought back in june 08 with a tentative closing for oct 2010, now my contarct indicates 32 floors. if it shrunk or if they miss the clsoing date is there anyway to get out of this deal. I guess if they proceed with construction i am looking at 24months till phantom rent begins.
 

Dan

New Member
Member Bio
Joined
Oct 8, 2009
Messages
24
Reaction score
0
The site looks promising to me. I think we will be pleased with our units when they are completed.
 

DiggIT

New Member
Member Bio
Joined
Jan 4, 2010
Messages
3
Reaction score
0
Minor, that's interesting, because I heard the same from SB down the street a little while ago - are you confusing the two projects? I heard that there were many foreign investment bulk deals at SB. I dropped by the California Sales Office and there was no mention of what you indicated.
 

Minor7th

New Member
Member Bio
Joined
Dec 30, 2009
Messages
11
Reaction score
0
Minor, that's interesting, because I heard the same from SB down the street a little while ago - are you confusing the two projects? I heard that there were many foreign investment bulk deals at SB. I dropped by the California Sales Office and there was no mention of what you indicated.

That's what the Sales Agent from Carmrost told me.
 

RajH

New Member
Member Bio
Joined
Jun 29, 2008
Messages
13
Reaction score
0
Spoke with the sales office today, they indicated they are at 85% sold with only 1 plus den and larger units avaliable (for some reason it sounded like they had the delmar avaliable on every floor above the 11th) needless to say construction will begin in march with occupancy to begin aug/sept 2011...
 

maxt797

Active Member
Member Bio
Joined
Apr 23, 2007
Messages
160
Reaction score
55
Photos from Tron in October 2008 shows excavation of iLofts and California were undertaken concurrently ... in fact you can see P1+P2 of California already poured in these photos

you're correct, only exception would be if this was a government ran project, then they would probably cover back the parking excavation for california until they need it again, just like they did with Eglinton subway tunnel ;-)
 

Tron

New Member
Member Bio
Joined
Jul 17, 2008
Messages
69
Reaction score
0
Here is a more recent pic... December 2009...

California.jpg
 

Minor7th

New Member
Member Bio
Joined
Dec 30, 2009
Messages
11
Reaction score
0
The excavation is already complete for California.
Nonetheless the ORIGINAL occupancy was Summer 2011, but they're now advertising Spring 2012.

That's being (1) optimistic and (2) the earliest occupancy for the lower floors, not factory the higher floors are moved in well after.

SIDENOTE; They're now relocating the california sales office to the Tides. They are almost done moving/installing everything.
 

Minor7th

New Member
Member Bio
Joined
Dec 30, 2009
Messages
11
Reaction score
0
Damn that really sucks!
Thank GOD I didn't buy pre-construction as my first home.
The price is right but WAY too many delays!
 

Tron

New Member
Member Bio
Joined
Jul 17, 2008
Messages
69
Reaction score
0
Some action going on tonight with regards to a crane... There are crane parts coming into the site, but I'm not sure if they're to take down the existing Iloft crane or a totally new crane for California...
 

Wooba

Active Member
Member Bio
Joined
Jun 29, 2009
Messages
316
Reaction score
2
My first thought was the California crane.. but I took a look in the california hole in the ground and I don't see any sort of footings/support down there for one.. my gut feeling is that this is for removing the Iloft crane.. we'll know tomorrow..
 

Top