OFFICIAL: 4646 Broadway (George Birt tries the Plaza)

KCLofts · Post by **KCLofts** » Tue Sep 07, 2004 11:26 am

Website is up and running. 4646broadway.com

Homeowner's dues of $700-$800 per month - ouch.

rxlexi · Post by **rxlexi** » Tue Sep 07, 2004 2:40 pm

some great pictures on the website, thanks...

KCLofts · Post by **KCLofts** » Mon Sep 27, 2004 2:14 am

Pricing is now up on the site. $565K to $1.625M. They have decided to offer floors 6-10 as full floor units instead of 2 per floor. So only 18 units now.

This should be interesting. At 1975 sq ft, the half-floor units aren't all that big for the money. The full-floor units are very big and very expensive.

It seems like the downscaling of the building size may cause some sales challenges.

DanCa · Post by **DanCa** » Mon Sep 27, 2004 5:19 pm

For $565K you could get that much room in a house here in Orange County. Actually, I just check the pricing on 2 18-story condo towers currently under construction here in Irvine (w/mountain and ocean views) and for $524K you get 1300 sq. feet. $1.6 million gets you 2088 sq. ft. Seems like these Plaza condos are a bit steep for the overall market. I mean, you can rent crappy apartments for $500 a month within walking distance of this place.

Post by **chrizow** » Mon Sep 27, 2004 5:23 pm

i think these units are intentionally priced at a premium. you might be able to get that much "space" in orange county, and you might be able to get a house in JoCo twice that big for half that much, but then you wouldn't be living in the newest, most exclusive and luxurious building in the most exclusive district in the whole metro.

i say it's overpriced too for my tastes, but they obviously aren't catering to people like myself.

DanCa · Post by **DanCa** » Mon Sep 27, 2004 5:39 pm

I don't know where the highrise Plaza condo market is right now so maybe it's in line with others. Plus having a view in KC is something you'll pay dearly for.

KCPowercat · Post by **KCPowercat** » Mon Sep 27, 2004 5:50 pm

Kirkwood places are running about this price and they are selling fast.

I don't think KC can support a 1000' tower on the plaza with these prices but there is a high end market out there.

Post by **dangerboy** » Mon Sep 27, 2004 6:24 pm

The price does not reflect the size, but rather the location, amenities, demographics of the neighbors, and conveniences of maintenance-free home.

BVC · Post by **BVC** » Mon Sep 27, 2004 6:26 pm

Not to mention a 1000' tower cannot be built on the Plaza with the height restrictions.

KCLofts · Post by **KCLofts** » Mon Sep 27, 2004 6:28 pm

They're certainly catering to the highest end of the KC market. Just imagine, after paying $1M+ for a place, and then being hit for about $1500 in homeowner's dues each month!

As far as I can tell from the renderings, the Plaza view units will primarily have a view of the big condo tower just across the street to the south. Not sure what the city views to the north will be. So its hard to say exactly what kinds of views you're paying for.

I think the whole reason they had to combine two units into one is because they either realized, or got complaints, that 1975 sq ft isn't enough space for people who are looking in this price range. But their alternative for providing more space may now have priced a lot of people out of the market. That was my point - the "affordable" units are too small and the big units aren't affordable.

I think their square foot prices are attainable. I just don't think their floor plan options - 1975 or 3972 sq. ft. - are ideal. I think it would probably be easier to sell if they were in the 2200-2700 sq ft range.

Critical_Mass · Post by **Critical_Mass** » Mon Sep 27, 2004 10:15 pm

I can see a construction crane somewhere in the plaza area from the offices I work at in Westport. Does anyone know what it is for? I haven't bothered to go by and see where it is set-up.
The crane isn't one of those blue monsters w/ the JE Dunn logos that you see at the Nelson or the one that used to be at Kirkwood. It is a much smaller one like in Scooter's H&R site demolition photos.

WoodDraw · Post by **WoodDraw** » Mon Sep 27, 2004 10:21 pm

I was just down on the Plaza and saw it as well I didn't have the time to go check it out but I'm interested in what it was too.

BVC · Post by **BVC** » Tue Sep 28, 2004 7:49 am

From my apartment's vantage point overlooking the Plaza, there are no cranes at the 4646 site. In fact, yesterday I drove by while avoiding 47th St and saw nothing but the rendering at the site and the La Salle bank sign. Kirkwood still has a smaller crane or two there and the Nelson has the heavy lifters over there.

Critical_Mass · Post by **Critical_Mass** » Tue Sep 28, 2004 8:46 am

I'm looking at the thing now. In fact I see two cranes. One is further off, and could be at the Kirkwood site. One is close, and from my vantage point, looks like it is on the far side of those suburban style Westport apartments...

Post by **staubio** » Tue Sep 28, 2004 10:15 am

Critical_Mass wrote:I'm looking at the thing now. In fact I see two cranes. One is further off, and could be at the Kirkwood site. One is close, and from my vantage point, looks like it is on the far side of those suburban style Westport apartments...

Yes, there is a crane behind that scourge of the neighborhood, Bishop Spencer Place. They are building at the back of their property.

Deleted User · Post by **Deleted User** » Tue Sep 28, 2004 10:44 am

missingkc · Post by **missingkc** » Tue Sep 28, 2004 10:55 am

It's a four story expansion. http://www.bishopspencerplace.org/jefferson.html

tat2kc · Post by **tat2kc** » Tue Sep 28, 2004 3:13 pm

Those damn old people kick em out of the urban core. We shouldn't have to look at housing designed for older, possibly disabled people!

Post by **staubio** » Tue Sep 28, 2004 3:44 pm

tat2kc wrote:Those damn old people kick em out of the urban core. We shouldn't have to look at housing designed for older, possibly disabled people!

Nice bait -- but I think you are off the mark. Do the elderly require a place that is hostile to the street, completely car-centric and fenced and gated? If they aren't going to venture outside of the compound and don't want to interact with the neighborhood, then I'm with you -- get them out of the core. 43rd is a place for a natural extension of Westport. As it matures, this is a neighborhood that could be for everyone. Picking a plot in the middle of the city and building a fenced complex hurts both the people that live there, taking no advantage of the environment, and the neighborhood.

tat2kc · Post by **tat2kc** » Tue Sep 28, 2004 6:13 pm

the fence and gate are also there to protect the residents with mentail health issues, including Alzhiemers (sp) from wandering off o hurting themselves. I have absolutely no problems with a fenced in "compound" in this instance.