The Peninsula is sold out
03/15/07 • Posted in: Downtown Jacksonville, Southbank by Joey Marchy 23 Comments »
The Peninsula condos are sold out. Quite a statement for downtown living. I am looking forward to all the new bodies downtown demanding food and entertainment.
tags: jacksonville, the peninsula, southbank
WOW. that is great news. though i wish it was a condo on the north bank.
Awesome news.
Hopefully they weren’t all bought by Chris Hionides… :P
1) I thought I remembered reading that most of those were sold to investors/prospectors, who in turn would then try to sell to others once the going rate for living there increased over the sale price before they had started construction. No?
2) I also kind of tie this into my, admittedly very poorly phrased, commentray regraidng Marks. I am all for peopel moving in and the increasde need for infrastructure that would follow, and hopefully lead to actual increased infrastructure. However, I also kind of feel like this has the potential to destory what I like about downtown/Springfield living if a bunch of pretentious people with no sense of cool culture move in. Admittedly, I guess you are probably pretty down with downtown culture if you are going to spend big bucks to live there– I just feel conflicted is all I am trying to say.
fawnlbwtz, I’d really like to see the names of the people who bought their condos to determine that as well…really moving in? or just sitting on them?
Scumsuckingslumlordfromthestinkingdepthsofhell only buys shit, sits on said shit, then tries to sell shit at platinum prices. I’ve heard the Penisula is pretty nice, so he probably won’t touch it.
I think the people who move downtown will be within the range of “cool,” including people who have some sense of tolerance…I would classify the range as…
Owns Many Pairs of $200 Jeans And Small-Niche Sneakers To Match
to
Owns One Pair of $180 Jeans And One Pair Of Johnston-Murphy Shoes For The Occasional Clubbing And He Is Still Kind Of Reeling At The Concept Of Spending $180 On A Pair Of Jeans At The Age Of 41 And Had To “Discount” the Price When Telling His Wife.
(um….a friend of mine)….
yah.
PC- you are totally right. Sometimes I am closed minded when it comes to people getting in on things after I have– whether bands, movies, or living areas– and then seeing that thing then becoming trendy, which leaves me feeling angry. I hope that won’t be the case.
But, I am intersted to know about the flipper/investor number. Maybe Tony knows, since he has the downtown connections.
as long as they don’t demand a downtown TGI Fridays.
I have no clue. I didn’t think people were investing like that in FL anymore. Maybe we’re stronger in this kind of market?
Plus, I am Northbank hard. Though living on the skyway would be sweet.
I’m waiting on the shipyards who is waiting on me (until I can afford it).
Enough about me
what are the shipyards suppose to be like? personally, i’d much prefer to get a condo in a historic building. hopefully after i graduate from law school (may ‘10), i’ll be able to get something like the churchwell lofts or the barnett bank building.
This IS really good news… sort of…
Again, I question who can afford these? I promise you it is not this single income married father of two. Who would concider myself ‘cool’ even though I am a dad.
$200 Jeans…get the hell out! Really? I bet if you took all of my jeans (and I do have a collection) you wouldn’t total $200.
Now, a $200 night at the BG buying my friends drinks…count me in.
it’s amazing how the $150-$200 jean has become the norm. i remember 10 years ago being amazed at the $80 jean. i must confess that i’ve succomb to it as well. i probably own a dozen now, but they just fit perfectly and last forever!
Any word on the Shipyards?
They are working on the “public phase” of it now. http://www.metjax.com/forums/showthread.php?t=4823
The Peninsula has been sold out for a couple years, which means the owners either 1) are primarily investors, or 2) have the means to pruchase a second home years before moving in.
The TU seems to think that Jacksonville is the new Half Back destination (all of North Carolina and Virginia breathe a collective sigh of relief). Maybe all of the condos have been snatched up by ancient Yankees (PC, DTP now have a place to retire…).
Now that we have residents Downtown, may we get some decent jobs (and I’m not talkin’ the retail or food service that John Peyton seems to envision Downtown employment as)? I’m tired of driving to Hell (JTB/Gate Parkway) every Monday through Friday.
A few comments:
$30 Levi’s last forever too. They fit great too, if you don’t gain too much weight.
Peninsula buyers collectively are no doubt investors, primary owner occupants and 2nd home buyers. As long as you don’t have to move on a certain date, anyone can justify plunking down money and waiting 3 years to close. The price is inflation protected and with the price increases, you can close with equity, as long as the investors don’t bail en-mass.
These units were bought when the condo boom was in full swing, so no doubt many did buy as a long term investment or to flip.
“I am Northbank hard”
Tony, that is hilarious.
Court is adjourned.
Thanks judge. You know what I mean.
I tried to post the image but here is a link:
http://theurbancoredotcom.blogspot.com/search/label/gansta%20looking%20graphics%20that%20work
That’s tight. They should make tshirts!
Its like you’re reading their mind dude.
i’d rock one.
You’d think for such pricey condos and money being tossed around someone could’ve gotten a better website done.
“welcome to utopia”…….indeed.