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Icon Hotel Updates


GRDadof3

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I disagree about the neighborhood. The great thing about NoMo is that it's not a neighborhood in transition, it's an entirely new neighborhood created out of old industrial space. This means that there aren't a lot of bums around. It's still urban and yet it's perceived as safer than, say, Heartside. If I were a downtown real estate investor I'd be concentrating on NoMo the most.

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Having been in both river house and icon on bond, I can say that the reason icon on bond is failing is simply over pricing. the pricing seems comparable but icon on bond delivers so little in comparison. maybe if there were no competition it would succeed but as it is now, river house will either sell out first or Icon will dramatically drop their prices.

(I know that Icon starts at a cheaper price but those are for some TINY units)

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