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Icon Sales

wboarder44

By wboarder44
in Nashville

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wboarder44 Unincorporated Area

wboarder44

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Not sure if anybody knew this, but Bristol sold over 180 of the Icon units in a day in a half. They went on sale for friends and family on Wednesday of last week and to some relators and their clients on Thursday. I had an appointment with them on 9 am on Friday (I'm in the real estate industry and got hooked up. I have a relator friend that works for Fredrich and Clark and he didn't have an appointment until Sat.) and they only had like 25 units left, which were the "picked" over ones. Needless to say, there is either a HUGE demand out there, or a lot of speculation going on. My opinion is the later. Needless to say, I didn't get one.

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Nashvillain Burg

Nashvillain

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It's going to be a nice building. I'm a little surprised at how traditional the floorplans are. I thought they would be more open.

I was listening to a show on WPLN a couple of weeks ago that had an interior designer on ( I didn't catch the whole thing so I don't know who she was specifically) talking about homes and how the concepts of home evolves and stuff, typical NPR stuff. Anyway she mentioned how the traditional loft space with very open spaces and undefined rooms is being rethought as people realize they don't have any privacy and/or prefer actual rooms with predetermined functions. Just thought I'd throw that out there.

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Lexy Town

Lexy

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I don't know about this. Affordability is going out the window if some aren't allowed to rent in the Gulch. I know the almighty dollar is the reason for the rethink, but I hope the developers aren't just making these units available for Remax agents. Whereas they would actually have a WARM BODY(s) in them if they styed rentable.

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memphian Hamlet

memphian

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wow - quick sell out. My only concern is that now they are offering the rest of the building as condos instead of having some rental units. The gulch (and most of downtown) seems to be catering exclusively to people of a certain income and above. Seems a little scary to me.

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bwithers1 Burg

bwithers1

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wow - quick sell out. My only concern is that now they are offering the rest of the building as condos instead of having some rental units. The gulch (and most of downtown) seems to be catering exclusively to people of a certain income and above. Seems a little scary to me.

On the other hand, what were the rents going to be versus the amount that a typical mortgage payment plus assessment? As in a lot of highrises, many people will own units that they rent out, so there still may be rental units available in the building, just through individual owners as opposed as through a management company. It may be hard to tell what the effect on pricing will be for a while.

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Guest

Guest

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Good point bwithers, I agree that many inverstor/owners will just rent out the units as they reap the appreciation windfall.

FYI

The Signature meet and greet set for the 29th should prove interesting. I have no first hand information but I would speculate that if the contract buy in is like Viridian then 20K will get you a contract to sit on for 3 years. The appreciation will be significant (my opinion).

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downtown cliff Whistle-Stop

downtown cliff

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I was listening to a show on WPLN a couple of weeks ago that had an interior designer on ( I didn't catch the whole thing so I don't know who she was specifically) talking about homes and how the concepts of home evolves and stuff, typical NPR stuff. Anyway she mentioned how the traditional loft space with very open spaces and undefined rooms is being rethought as people realize they don't have any privacy and/or prefer actual rooms with predetermined functions. Just thought I'd throw that out there.

Good point. We like our open floor plan, but I can see how it would not work for everyone, especially families with kids.

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Guest

Guest

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I can see both sides. I do not know if we have a 'true' loft floorplan but everything except the bedrooms and bathrooms are open (Kitchen/Dining Room/Entry/Living Room/Media Room). It works great for our family of 4. We can all be in the same space but doing four different tasks. Let's see if we still like it when they are teenagers :)

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smeagolsfree Gigalopolis

smeagolsfree

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I hope they keep the rentals in. They are needed in the downtown and many are going the way of condos. I was hoping this project would be different. Money talks. Maybe they will build a comparable apartment building in the Gulch. We have not seen the last of the development announcements down there.

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downtown cliff Whistle-Stop

downtown cliff

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Can't say I'm shocked at the fast sales. This project is both sited and designed in a way that says "sexy" all over the place. If I had to buy a highrise unit, I would probably shoot for the Icon.

OK, I gotta admit, I'm curious here. I like the Icon as well. It is a sexy, modern building. As much as you rage against modernism, I'm curious why you like the Icon, but not the Terrazzo. Is it the art deco feel of the Icon? Is that even a correct classification of the building? I like the Icon better than the Terrazzo also, but I still lack the correct lexicon to say exactly why. It just seems to be more correctly rendered.

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NewTowner Hamlet

NewTowner

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OK, I gotta admit, I'm curious here. I like the Icon as well. It is a sexy, modern building. As much as you rage against modernism, I'm curious why you like the Icon, but not the Terrazzo. Is it the art deco feel of the Icon? Is that even a correct classification of the building? I like the Icon better than the Terrazzo also, but I still lack the correct lexicon to say exactly why. It just seems to be more correctly rendered.

The words "Modernist" and "modern" do not mean the same thing, first of all. "Modernism" is a historicist architecture produced in the 20th Century which is focused on Pure Form, a complete abandoning of all embellishment and ornament, and an aesthetic which is committed to technology above all else. It is almost always anti-urban, and depended from its outset on a future utopia that never arrived. Look up Oscar Neimeyer, Le Corbusier, Walter Gropius, and Mies van der Rohe. Although, bear in mind: Mies was different. He was not so interested in all that utopia stuff Gropius was always going on about--he mostly just liked to have sex with people impressed by his avant gardism.

That "art deco" feel you prescribe to the Icon (and justifiably so) is the same "art deco" feel which accompanies the Viridian and will truly flower on the Signature. It represents a compromise between the classical and the machine aesthetic. Ironically, as originally conceived in first half of the 20th Century, Art Deco was a step AWAY from the classical and (to be a little liberal with my historical dot-connecting) TOWARDS the modernist. Now it appears we are revisiting the same territory, only moving in reverse, back to the classical from the futuristic fantasies of the city-killers.

All the better. Taking the lead on a dead-end track makes you last in the race to get back. The Terazzo is a complete failure on all levels but two or three: it has an articulated corner, it has a transparent ground floor, and an comprehensible entrance. The rest is a masturbatory attempt at vainglorious "Modernist Revivalism," and I hate it. It is historicism at its most adolescent and annoying.

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Guest

Guest

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I am looking forward to the final rendering of the Signature Tower. I did like the original design so it will be interesting to hear you detail the improvements. Will you be in town for the 29th reception? Do you know if that is the date the new rendering will be available for public viewing?

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downtown cliff Whistle-Stop

downtown cliff

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The words "Modernist" and "modern" do not mean the same thing, first of all. "Modernism" is a historicist architecture produced in the 20th Century which is focused on Pure Form, a complete abandoning of all embellishment and ornament, and an aesthetic which is committed to technology above all else. It is almost always anti-urban, and depended from its outset on a future utopia that never arrived. Look up Oscar Neimeyer, Le Corbusier, Walter Gropius, and Mies van der Rohe. Although, bear in mind: Mies was different. He was not so interested in all that utopia stuff Gropius was always going on about--he mostly just liked to have sex with people impressed by his avant gardism.

That "art deco" feel you prescribe to the Icon (and justifiably so) is the same "art deco" feel which accompanies the Viridian and will truly flower on the Signature. It represents a compromise between the classical and the machine aesthetic. Ironically, as originally conceived in first half of the 20th Century, Art Deco was a step AWAY from the classical and (to be a little liberal with my historical dot-connecting) TOWARDS the modernist. Now it appears we are revisiting the same territory, only moving in reverse, back to the classical from the futuristic fantasies of the city-killers.

All the better. Taking the lead on a dead-end track makes you last in the race to get back. The Terazzo is a complete failure on all levels but two or three: it has an articulated corner, it has a transparent ground floor, and an comprehensible entrance. The rest is a masturbatory attempt at vainglorious "Modernist Revivalism," and I hate it. It is historicism at its most adolescent and annoying.

Interesting. Thanks.

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sleepy Burg

sleepy

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The words "Modernist" and "modern" do not mean the same thing, first of all. "Modernism" is a historicist architecture produced in the 20th Century which is focused on Pure Form, a complete abandoning of all embellishment and ornament, and an aesthetic which is committed to technology above all else. It is almost always anti-urban, and depended from its outset on a future utopia that never arrived. Look up Oscar Neimeyer, Le Corbusier, Walter Gropius, and Mies van der Rohe. Although, bear in mind: Mies was different. He was not so interested in all that utopia stuff Gropius was always going on about--he mostly just liked to have sex with people impressed by his avant gardism.

That "art deco" feel you prescribe to the Icon (and justifiably so) is the same "art deco" feel which accompanies the Viridian and will truly flower on the Signature. It represents a compromise between the classical and the machine aesthetic. Ironically, as originally conceived in first half of the 20th Century, Art Deco was a step AWAY from the classical and (to be a little liberal with my historical dot-connecting) TOWARDS the modernist. Now it appears we are revisiting the same territory, only moving in reverse, back to the classical from the futuristic fantasies of the city-killers.

All the better. Taking the lead on a dead-end track makes you last in the race to get back. The Terazzo is a complete failure on all levels but two or three: it has an articulated corner, it has a transparent ground floor, and an comprehensible entrance. The rest is a masturbatory attempt at vainglorious "Modernist Revivalism," and I hate it. It is historicism at its most adolescent and annoying.

Curious, NewTowner, what did you think of Tom Wolfe's "From Bauhaus to Our House"?

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