Saturday, September 20, 2008
Great Republic Lofts held their grand opening sales event this weekend. The building is on Spring Street bordering 8th Street and Main Street. The building will have 72 for sale lofts ranging in size from 649-981 square feet. 20 lofts were released for sale this weekend with an average price of $484 per square foot, which is reasonable. 72 parking spaces will be available in the parking lot next door for residents. The developer owns the parking lot. Each loft had quite a bit of light and all units had exposed brick. From the 5th floor models that were available to see all had views of downtown, either facing east or west. The finishes were well done, bathrooms have glass tile on the tub surround. Kitchens also had a mosaic glass tile back splash. Each unit will come with appliances with the exception of the washer/dryer.
The sales staff were beyond welcoming and were very patient with countless questions from potential residents. There will be retail on the ground floor and they are trying to secure a French cafe to open.
More pictures at inLAonLA's Flickr page
Update: First Release Price List
Thursday, September 18, 2008
The NCT Lofts building is showing some light. The bottom lights shining up on the building have just been turned on in this adaptive reuse project. It is great to see this building lit up at night after being dark for so long. The top portion lights are not on but should be on soon. According to the Downtown News development issue, the building should welcome its new tenants in two months. The building will have 93 apartments ranging from 650-1700 sq. ft.