Hot Sellers: Lofty Sales

1 MIN READ

Hip, funky, and right downtown. No wonder Gen-X buyers snatched up these condos: Fifty-two sold in 48 hours.

The real lure probably began with pricing. Developer Boulevard CENTRO offered the units at prices of $138,500 to $178,500 in an area where some new condos sell for $350,000 plus. But the 825- to 845-square-foot units’ open loft plans and funky features — such as concrete floors, exposed interior masonry walls, and open metal stairs — cemented the deal. All units include high-speed Internet wiring, too.

Project Details Project: Gateway Lofts, Charlotte, N.C. Sales started: September 1999 Number released: 52 Sales through November 1999: 52 Price: $138,500 to $178,500 Unit size: 825 to 845 square feet Density: 200 units per acre Developer: Boulevard CENTRO, Charlotte Architect: David Furman, Charlotte

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