Apr
09

Columbia Condos Called Off……Others Planned

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Vsion condo project fizzles; pricey Vista units planned

April 9, 2008

By JEFF WILKINSON – The State

Call it the vagaries of the downtown housing market.

The developers of Vsion — a 110-unit condominium complex slated for an old office building in Columbia — have called off the project, citing slow pre-sales and a tough economy.

But at the same time, a local optometrist is set to build the city’s most expensive condos. The 11-unit building in the Vista will have a penthouse selling for $1.5 million, which could set a record for Columbia.

Fred Delk, executive director of the Columbia Development Corp., said the trend is toward smaller projects, and more expensive condos and town houses.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.thestate.com/local/story/369861.html

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