Over a year ago I told you that the final holdout in the proposed Rookwood Exchange area had sold. And last week, the house came tumbling down. So what’s in store for the area now?
Years ago, the plan included Crate & Barrel and the Container Store moving to the area. Both, as you probably know, stopped waiting around through all the legal delays and instead went up to Kenwood (which I think we can argue they probably regret now- what the heck is going on up there?!?).
The latest news release reveals three of the anchors of this proposed 12 acre site. A Marriott Courtyard hotel and two upscale restaurants, Capitol Grille and Seasons 52. The developer also says there will be a movie theater on site- a welcome addition since the closing of the Norwood and Kenwood theaters over the past 2 years. The first phase is projected to be open for business in 2012.
The plan also includes office space and residential units but the size, price points and mix are still being decided.
For some renderings and sketches of the site you can check out this link.
I don’t know about you but I procrastinate. Laundry, grocery shopping, I leave those things for future Sara to handle. So you may have been doing the same with buying a home and taking advantage of the tax credit. Well here is your warning. You are seriously almost out of time!
You probably think I’m exaggerating- after all the credit goes until the end of November. But here’s the problem. To take advantage of the credit you need to be closed on your new house by Nov 30th. CLOSED, not under contract, not looking, CLOSED. To go from making an offer to closed is at LEAST 35 DAYS. Meaning you need to find a house and make an offer no later than October 25th.
And to honest I wouldn’t leave it until the last day because you know thousands of other buyers are doing the same thing and I can guarantee appraiser and underwriters are going to get backed up, and you certainly don’t want to miss out on $8000 because you were a few days too late.
So if you are a first time buyer (or you haven’t owned a home in 3 years) hurry up and take advantage of the credit- why wouldn’t you? Wondering if buying is the right move for you? Check out this math. And once you’ve decided owning a home is for you, I’d be happy to help. Just give me a call and I’m sure we can find you a great house, get you under contract and closed with time to spare.
Also known as a “living roof”, a green roof is one that is covered, either partially or completely, in vegetation, sod, or some other growing material.
On my recent trip to Alaska I saw quite a few green roofs, like this one at the visitor’s center in downtown Anchorage.
But green roofs, once primarily seen in commercial settings, are popping up all over the place. read more…
