Contracts are being closed, new owners are making the move, and in under a week Whole Foods should opening its doors over at The Potrero (451 Kanasas). And according to J.K. Dineen, there’s no early indication of any significant fallout in the conversion rate from deposits to closed contracts.
The Potrero currently stands at roughly 60% reserved/sold: 85% in the North building (which started selling seven months ago) and 35% in the South building (which first hit the market two months ago along with incentives).
Potrero project selling despite mortgage crisis [Business Times]
What Happens When It’s Time To Fund? We’ll Have To Wait And See [SocketSite]
The Potrero (451 Kansas): Sales Center Now Open [SocketSite]
The Potrero: South Building Sales (And Incentives) This Weekend [SocketSite]

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Comments from “Plugged-In” Readers

  1. Posted by Observer

    Thumbs up for this development, drove by recently and it’s pretty neat also that area of the hill has taken a big jump forward.

  2. Posted by Spencer

    the units are TINY

  3. Posted by D Gordon

    Can’t believe people are buying these for the price they are asking. Small floor plans and decent finishes but nothing special. So it’s got a Whole Foods… is that really that big of a deal? Apparently so….

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