<blockquote> SweetOrangeHousing - 25 July 2009 08:21 PM
<em> Developers have been having trouble selling new construction for some time now. However, the available units in phase one of Woodbury East?s Ivy development, which has condos of approximately 1100 to 1500 square feet and prices that matched the smaller size, sold out shortly after the grand opening. With this in mind, will the Irvine Company be putting more emphasis on developing smaller and, therefore, more affordable homes in the near future? This is an option that is currently sparse in Orange County and not given much attention during the building-boom years.
Also, (and this is the question that I am most interested in) who were the buyers of these Ivy homes: young families, young professionals, empty nesters, investors?
In addition, do you think the main selling point of the Ivy homes in Irvine was the smaller size and, therefore, more affordable price? If so, do you think that this strategy would work as well in other Orange County cities? Does the Irvine Company have any of these smaller, more affordable options on the drawing boards for other Orange County cities or other Irvine locations?
Finally, if you think that the smaller and more affordable feature was not the main selling point, what other feature do you think made the Ivy condos so desirable?
Thank you for the opportunity to ask these questions.</em>
<blockquote>The last 11 years all the detached products under 1,800 sf were my prototypes such as the detached condos, 3rd story attics, and detached apartments. There is not another person on the Irvine Ranch who can invent clever compact products that also make $$$. Because of my IHB affiliation I have been black listed from future projects.
I may expand my horizon to TIC?s competition such as the Great Park with Lennar and possibly the Mission Viejo Company to offer them my creativity. What do you think IHBers? </blockquote></blockquote>
Interesting info. I look forward to learning more about your work in general. Also, I would be especially interested in any Great Park plans that might develop. Thanks for the input.