Condos look to attract older residents to downtown area
by Brittany Talarico
Issue date: 4/24/07 Section: News
Last summer, a historic landmark was torn down to the dismay of those who had memories stored there. The Stone Balloon stood as a fixture on East Main Street for more than 30 years and students and residents alike were forced to say a reluctant farewell to the renowned hot spot.
This site is now the future home of the Washington House Condominiums, luxury housing that starts at $329,000.
J.R. Leonard, project manager in charge of sales and marketing for the Washington House Condominiums, said five different models of condos are available to buyers. "The Newark" and "The Nottingham" are the two largest penthouse-style homes, ranging in price from $599,000 to $614,000.
"The Fairfield" model, which is sold out, has two bedrooms, two bathrooms and is being sold at a price of $329,000, Leonard said. "The Academy" and "The White Clay" have two bedrooms and two bathrooms with a den and range in price from $364,000 to $379,000.
The entire facility will include three floors for the units and two floors of parking, he said. The condos are scheduled to be finished between the fall of 2007 and winter of 2008.
As construction begins to gain momentum and attract prospective buyers, buzz has been circulating about this new housing, arousing curiosities and giving rise to questions concerning who will be the new "townies."
Jamie Chase, Wilmington resident and purchaser of a condo, said her husband, Bruce Chase, is an adjunct professor of material science at the university and helps conduct a research group with the chairman of the department.
Chase said the lifestyle of being able to walk to places instead of driving is appealing.
"Part of my husband's long-term plan is to spend more time at the university," she said. "When this opportunity to walk to campus and take part in other activities presented itself, we were really excited."
Chase said it is a good idea for Newark to have residents living right on Main Street.
This site is now the future home of the Washington House Condominiums, luxury housing that starts at $329,000.
J.R. Leonard, project manager in charge of sales and marketing for the Washington House Condominiums, said five different models of condos are available to buyers. "The Newark" and "The Nottingham" are the two largest penthouse-style homes, ranging in price from $599,000 to $614,000.
"The Fairfield" model, which is sold out, has two bedrooms, two bathrooms and is being sold at a price of $329,000, Leonard said. "The Academy" and "The White Clay" have two bedrooms and two bathrooms with a den and range in price from $364,000 to $379,000.
The entire facility will include three floors for the units and two floors of parking, he said. The condos are scheduled to be finished between the fall of 2007 and winter of 2008.
As construction begins to gain momentum and attract prospective buyers, buzz has been circulating about this new housing, arousing curiosities and giving rise to questions concerning who will be the new "townies."
Jamie Chase, Wilmington resident and purchaser of a condo, said her husband, Bruce Chase, is an adjunct professor of material science at the university and helps conduct a research group with the chairman of the department.
Chase said the lifestyle of being able to walk to places instead of driving is appealing.
"Part of my husband's long-term plan is to spend more time at the university," she said. "When this opportunity to walk to campus and take part in other activities presented itself, we were really excited."
Chase said it is a good idea for Newark to have residents living right on Main Street.
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methodwriter85
Jeremy
posted 4/26/07 @ 4:05 PM EST
I agree with Saunders and Kvochak. Do these people really understand the fact that they are in the middle of a college town where drunk kids will be staggering around, yelling, at around 2 to 3 a. (Continued…)
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