Comments on: The Turnberry: More Wiping, in More Places, than at Any Other Condo Tower http://swamplot.com/the-turnberry-more-wiping-in-more-places-than-at-any-other-condo-tower/2008-06-03/ Houston, Texas real estate development, home buying, landscape, and design Sun, 14 Mar 2010 15:21:45 +0000 http://wordpress.org/?v=2.6.3 By: JTB http://swamplot.com/the-turnberry-more-wiping-in-more-places-than-at-any-other-condo-tower/2008-06-03/#comment-1934 JTB Tue, 01 Jul 2008 23:30:03 +0000 http://swamplot.com/the-turnberry-more-wiping-in-more-places-than-at-any-other-condo-tower/2008-06-03/#comment-1934 Unfortunately, Brad has neither the insight or the experience in real estate to deem every new development "future slums" or whatever cutesy term he deems anything reflective of the new in the city. These projects are being built because there is DEMAND for them and beyond that, foreign dollars are what will be buying the most exclusive of the units. Why do you think the marketing for the project reflect broader, older images of Texas as a whole and not necessarily Houston? If you look at Turnberry's record, there isn't a project they haven't cancelled in this arena and preliminary sales are always low with their projects. European, Asian & other people's money will be involved. Building this tower Uptown is one of the most logical things in terms of planning. Unfortunately, Brad has neither the insight or the experience in real estate to deem every new development “future slums” or whatever cutesy term he deems anything reflective of the new in the city.

These projects are being built because there is DEMAND for them and beyond that, foreign dollars are what will be buying the most exclusive of the units. Why do you think the marketing for the project reflect broader, older images of Texas as a whole and not necessarily Houston? If you look at Turnberry’s record, there isn’t a project they haven’t cancelled in this arena and preliminary sales are always low with their projects.

European, Asian & other people’s money will be involved. Building this tower Uptown is one of the most logical things in terms of planning.

]]> By: K http://swamplot.com/the-turnberry-more-wiping-in-more-places-than-at-any-other-condo-tower/2008-06-03/#comment-1337 K Wed, 04 Jun 2008 16:04:04 +0000 http://swamplot.com/the-turnberry-more-wiping-in-more-places-than-at-any-other-condo-tower/2008-06-03/#comment-1337 Homeless people also have the luxury of peeing anywhere they desire; not really a selling point for me. Homeless people also have the luxury of peeing anywhere they desire; not really a selling point for me.

]]> By: Vik http://swamplot.com/the-turnberry-more-wiping-in-more-places-than-at-any-other-condo-tower/2008-06-03/#comment-1318 Vik Tue, 03 Jun 2008 19:08:33 +0000 http://swamplot.com/the-turnberry-more-wiping-in-more-places-than-at-any-other-condo-tower/2008-06-03/#comment-1318 I'm surprised they are still trying to build that tower. I don't think that banks would finance them even with 50% pre-sales. And given the number of new highrise developments in Houston area, they've got some competition. And the fate of this new tower will not be too good - just look at the foreclosure listings at the older two towers half a mile to the south... Good luck to them (not). I’m surprised they are still trying to build that tower. I don’t think that banks would finance them even with 50% pre-sales. And given the number of new highrise developments in Houston area, they’ve got some competition. And the fate of this new tower will not be too good - just look at the foreclosure listings at the older two towers half a mile to the south… Good luck to them (not).

]]> By: Brad http://swamplot.com/the-turnberry-more-wiping-in-more-places-than-at-any-other-condo-tower/2008-06-03/#comment-1316 Brad Tue, 03 Jun 2008 15:46:57 +0000 http://swamplot.com/the-turnberry-more-wiping-in-more-places-than-at-any-other-condo-tower/2008-06-03/#comment-1316 Does anyone think we are just about saturated with uber-lifestyle condo towers? In about 20 years, these monstrosities will be turned into executive condo leases and we will hear horror stories about plumbing issues and moldy roof-top swimming pools. I can see the doorman now, "Psst, wanna buy some high-life, buddy?" as he parks your 25 year old Escalade with 22" rusty dubs. Does anyone think we are just about saturated with uber-lifestyle condo towers?

In about 20 years, these monstrosities will be turned into executive condo leases and we will hear horror stories about plumbing issues and moldy roof-top swimming pools. I can see the doorman now, “Psst, wanna buy some high-life, buddy?” as he parks your 25 year old Escalade with 22″ rusty dubs.

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