It’s the “Home Stretch” for 1001 Laurel…
March 20, 2009
The scaffolding has come down, Morse Blvd is shut down for re-paving, and the new sidewalks are taking shape. 1001 Laurel, the biggest development to take place in downtown San Carlos in many years, is almost complete. Now that it's almost done, you can start to see the sheer scale of this project.
Two things came to my mind today when I took a walk around the outside. First, this place is really big — not only tall, but massive around the perimeter. But the other thing that I'm surprised to see is that I'm actually starting to like the architecture. They could have done far worse with such a big building, and the Spanish flavor goes well with the history of this area. I'm curious what you think about it, now that it's almost done.
According to management at Matteson Development, the Sales Office will open for business sometime in mid-April, when they'll have model units available for people to tour. Pricing for the units should also be available then.
If you plan on checking out the condos at 1001 Laurel with the intent to possibly buying one, and you'd like your favorite Realtor to assist you, you should be aware of the following rule that will very likely be in effect: They will pay compensation to the buyer's Realtor only if the Realtor accompanies you on the very first visit. This is a common policy with new condo and townhouse developments, although it's not something they'll go out of their way to tell you. I have seen people inadvertently eliminate their Realtor from the buying process without even knowing it. (Not a plug for my services…just something you should know before you go.)
So get ready to check out the new kid in town. In only a few weeks, you'll be able to do just that.