On Carmel, Indiana’s The Villiage of WestClay, a new type of housing will be rising: high-end, loft-style condos. According to indystar.com, the upscale residential and commercial development is fashioned with a 19th century architecture in present day pedestrian-friendly environment.
Will a condo in a suburb ever work out? According to Brenwick Development’s Chief Executive Officer, George Sweet, it will. “It’s a housing type,” Sweet said, “whose time has come.”
However, not all realtors believe this will succeed. According to Terry Warnick, a Realtor with Century 21 Scheetz in Carmel, it would be hard to sell these types of housing in the suburbs as they cost as much as a whole house.
Only time will tell if Sweet was a visionary or otherwise.
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