Property Lines - Scott Olson

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Real Estate & Retail

A new strategy for 707 E. North St.

June 25, 2008

707 East North Street by Beilouny Luxury PropertiesThe developers of an 8-story condo building southeast of College Avenue and North Street have taken a dramatic U-turn on the building's interior layout. The building now will have 10 units instead of 17, and condos will start at $1 million instead of $400,000. Officials with Beilouny Luxury Properties found more buyers interested in penthouse units in the $20-million project, so they decided to make them all penthouses, said Amy Peddycord, a spokeswoman for the developer. The condos range from 4,300 square feet to 10,000 square feet, and each unit has at least two outdoor terraces. Four have been reserved so far.
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