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Subject: Electra's Atrium/Lobby

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Author Messages
Smith
Posts:44

02/10/2008 11:42 AM Alert 
Had a chance to take a quick look at the lobby in Electra.  This is truly a spectacular place!
homogreg

02/10/2008 3:40 PM Alert 
pictures?
Electra...

02/10/2008 6:55 PM Alert 
It is by far the nicest one of any buliding downtown. It will be very interesting to see how the resales play out. So far, no pendings. If it's like the Grand there should be around 50 for sale when all the closings are in by the end of March. One of the real negatives (for those units facing W) is the office building that will block most of the view (not to mention the noise building it for the next 2 years). Bosa owned this property when he put Electra up for sale, but his plan was to build a skinny condo. The office tower that will now be built there will be massive (they always are). The other negative is the Navy Broadway complex that will block whatever views that are left (although that might be a positive when it's done bring ton's of economic activity to the area).
Condo Kid

02/11/2008 9:58 AM Alert 
I think you might mean the public room, rather than the lobby. The lobby is very nice, but that homeowner's public room is spectacular. There are 60ft high ceilings, full-on catering kitchen, couches and cabanas. It makes the W Hotel look like a Motel 8. There is even a grand piano that plays itself. I saw one of the resale units and it is exceptional quality. I don't know why they bother putting cheesy artificial fireplaces in highrises though. If I wanted to sit around a fire like a scene from a Dickens novel I'd move to the country, not try to warm my ass on a flickering electric light! Even the gas versions are pathetic. Anyway, I had a really good look around the place and have to say that much as I like it, I would rather not spend $33 per day on a pool and party room I'd hardly ever use. Guess I am not quite rich enough not to care! I take my hat off to Bosa for buidling a new SD landmark and hope the future residents will be very happy there.
Electra

02/11/2008 11:16 AM Alert 
You can thank the city of San Diego for the cheesy electric fake fireplaces. They changed the building codes about 3 years back. No more gas fireplaces in high rise buildings. Condo owners still like fireplaces, and that's the best you can get these days.
Brian

02/11/2008 11:50 AM Alert 
I have not been to Electra yet. But if it's a nice as you guys say, I'll definitely check it out. Perhaps, I'll rent and let the landlord subsidize my lifestyle until prices drop accordingly. Or perhaps, I'll keep on renting forever and move to the latest and greatest buildings are they are built.

I hate fireplaces. If I wanted one, I'd move to the country. Give me a bay window and a balcony instead of a cheesy fireplace.

Interested

02/12/2008 8:01 PM Alert 
Looks like Electra had neither small units under 900sf or large units above 1500sf.

http://www.sdlookup.com/Community-64-Electra

HOA is expensive but in line with other similar buildings.
Electra...

02/12/2008 8:20 PM Alert 
Brain, that's the benefit of buying, you can rip out the cheesy fireplace.
Asher
Posts:64

02/12/2008 8:44 PM Alert 
The Electra "public room" is nothing short of phenomenal. It's a crying shame it won't be used as a restaurant / bar -- it would be nice for the public to be able to drop by and use the public room.
Condo Kid

02/13/2008 8:48 AM Alert 
Posted By Asher on 02/12/2008 8:44 PM
The Electra "public room" is nothing short of phenomenal. It's a crying shame it won't be used as a restaurant / bar -- it would be nice for the public to be able to drop by and use the public room.


I agree. 90% of the time it will just stand there empty except for the cleaning staff. Facilities like these are mostly expensive swank in my opinion. Perhaps the homeowners will get together and throw community parties there from time-to-time. If you are paying for facilities like this you may as well pay catering staff to put on Friday evening happy hours for residents and sell tickets for it. It's a shame to see great facilities like this, and those in some of the other buildings, under utilized.

I also like the ante-room to the giant room, which looks cosy. I notice that when you walk into the lobby the security guard springs to attention. I wonder how long that will last once the building begins to fill up :)

LV Renter

02/13/2008 1:05 PM Alert 
I looked at the listings here. It appears all the purchasers of units on the 15th and 17th floors were impacted by "extraordinary" circumstances. When the building finishes closing what percent of reserve units will close to the original purchaser. I am guessing less than 50%
Market Watcher

02/13/2008 3:28 PM Alert 
I would love to see multi-use of residential properties.

In some countries that I visited, residential towers open their gyms and pools to paying members. Hotels do the same. Why not have something like that in San Diego? Or perhaps set it up so the common areas of a building can operate as an independent business that leases space from the building and provides services to the residents at the same time.
Just Someone
Posts:162

02/13/2008 5:04 PM Alert 
[b] "Or perhaps set it up so the common areas of a building can operate as an independent business that leases space from the building and provides services to the residents at the same time."[/b]
I think there was a problem that if a certain income level was reached, you were no longer a condo, you would be a commercial building.
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