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https://www.sccbc.net/forum/YaBB.pl General >> General >> Car Condos - Is there a market here? https://www.sccbc.net/forum/YaBB.pl?num=1365614185 Message started by Forum Admin on Apr 10^th, 2013 at 9:16am

Title: Car Condos - Is there a market here?
Post by Forum Admin on Apr 10^th, 2013 at 9:16am

I had a proposal come across my desk for a Car Condo development in Cleveland, OH, and it included the following video http://www.youtube.com/watch?v=1B3hYxX0Dn8.

Cool concept, but I wonder with the high cost of land here if this could happen here.

Title: Re: Car Condos - Is there a market here?
Post by Mike_the_Oldest on Apr 10^th, 2013 at 1:49pm

I'd suggest that the infrastructure costs would be prohibitive. You'd need a racing circuit and garages, as well as luxury condos. It would be very expensive and it might not sell well.

Title: Re: Car Condos - Is there a market here?
Post by unxetas on Apr 10^th, 2013 at 4:04pm

There are other, simpler, ideas out there, but considering the price of LAND around here, I can't imagine it making sense. Then again, there doesn't appear to be a shortage of wealthy people with fancy cars in Vancouver, so who knows!

Here's the place I was thinking about - http://automotorplex.com/

No race track, just a whole bunch of garages, a clubhouse, etc. But in Vancouver, unless you head to the boonies, I don't think you can buy a piece of land 40x80 for less than half a million :D