|
|
Article: Condos priced at county record $14 million.(Fifield Companies Ltd.)
- Article from:
- Los Angeles Business Journal
- Article date:
- September 18, 2006
- Author:
CopyrightCOPYRIGHT 2006 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The real estate market is crash landing, right?
Not according to the Fifield Cos.
While other residential developers are scaling back or canceling projects amid a pronounced market slowdown, the Chicago-based firm is pushing ahead with what it says will be the priciest condo project ever to hit the market in Los Angeles County--$9 million per unit, on average, and up to $14 million.
Of course, in an industry where location is everything, the proposed 21-story 1200 Club View tower can't be beat. The half-acre Wilshire Boulevard parcel at the corner of Comstock Avenue is adjacent to Beverly Hills and next to tie Los Angeles County Club.
...