Why do they keep building condo/apt buildings in Irvine?

[JLegend_IHB]

I currently live in the Calypso Apartments. I talked to the leasing office this morning actually about their occupancy. They are saying that they are only 55% occupied. They've been open for about 6 months now too. Its nice and all, everything is brand new, everything is really nice quality and the service is great. The bad part is that the apartments are horrendously expensive. They don't have a break lease clause in any of their contracts either. Kind of a pain that I'm going through now. ::shrug:: I only have 7 months left.... it could be worse.

I heard occupancy was around 30% from someone living there. does look dead.

 

[bkshopr_IHB]

The condos on Jamboree and Michelson, those are going to be finished on the outside and empty on the inside. Irvine is forcing them to finish the outside.

As far as Bren and his luxury apartments...lol he's rich for a reason. Right next door to the village/the park Bren leased 200,000 sf to the FDIC.

He researched, studied demographics, made careful and calculating decisions, treated every sf of his land like platinum. When the demand of society and city politicians pressured him to build residential high-rises he predicted the risk in early 2000. Having a vested interest in the local economy is a guarantee to his future wealth. The highest priority is to stabilize land cost. Competitions such as VOC and Ladera would have been a threat to his monopoly but both committed self inflicted suicide.

 

[bkshopr_IHB]

Part of the few minutes of the council meeting that I watched, Christina Shea was praising the Village and its layout. I believe she said something to the effect that when she first saw the complex from the outside it looked ugly but was impressed with how it was designed once she saw the arrangement of the apartments and stores like Starbucks and Juice it Up.

Mixed use is the opiate of the planning department.

I think that's the best looking 4 story apartment project in most of southern california and it actually has architectural lighting. I remember processing a project through city hall and they pointed to Camden's main and jamboree project as the ideal elevation and in line with their contemporary/modern architectural vision for the IBC. I didn't know that vision included alumnium siding.

That's funny. My wife and friends were commenting on how Irvine is starting to resemble the slums of Rio with all the new condo/apt and their horrible color schemes. I guess the aluminum siding is the icing on the cake. It's tough to design Post-modern in an appealing way; it tends to be overdone and self defeating. Contemporary and Modern were much easier.

The Village is the best apartment complex I have ever lived in. I have lived in over 15!! I move every year I might even renew this time. Irvine has the best apartments in the industry. The up keep is amazing and the upgrades are so nice. It's really is hard to own once you live here. We have events and classes at the Village. Its like living in a 5 star hotel.

IAC spent a lot of research on lifestyles. Much of their amenities that they offered such as workshops, concierge, and business center are there just to spoil you. The granite counter tops, Murano glass accent light over the kitchen islands, and crown molding with stool apron trim around the windows are details for those with champagne taste.

You are IAC's ideal renter who will continue to seek out the latest IAC gadgets. Have you checked out Orchard Hills or Woodbury Place? They are much more family oriented but not an ideal choice for a single girl.

Congratulation for having a light baggage so you could easily move 15 times. The rest of us and especially IHO are in the latent infectious stages of garagelitis.

 

[irvine_home_owner_IHB]

Congratulation for having a light baggage so you could easily move 15 times. The rest of us and especially IHO are in the latent infectious stages of garagelitis.

I could easily move 15 times as long as the garage is big enough.

I just forklift everything in one of those big storage crates and truck it from one 3-car garage to the next.

Irvine apartments are so much nicer than when I lived in one. I hear they have running water and electricity now.

 

[bkshopr_IHB]

Congratulation for having a light baggage so you could easily move 15 times. The rest of us and especially IHO are in the latent infectious stages of garagelitis.

I could easily move 15 times as long as the garage is big enough.

I just forklift everything in one of those big storage crates and truck it from one 3-car garage to the next.

Irvine apartments are so much nicer than when I lived in one. I hear they have running water and electricity now.

You will need one like this: