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Car Condos - Is there a market here? (Read 1,811 times)
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Car Condos - Is there a market here?
Apr 10th, 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.
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Mike_the_Oldest
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Re: Car Condos - Is there a market here?
Reply #1 - Apr 10th, 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.

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unxetas
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Re: Car Condos - Is there a market here?
Reply #2 - Apr 10th, 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 Cheesy
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