Turnberry goes Dutch with Rincon Hill tower; pass the test and you should consider living there.

originally published 11/11/08

Fast on the heels of last week's announcement of the delay/cancellation of the second tower at One Rincon Hill, Turnberry LTD has made details public on the 50% equity sale of their planned 40 story tower located close to the intersection of Harrison and First Street.

The sale to a Miami-based investor should come as happy news amidst the relative gloom we've experienced Downtown. With excavation expected to begin in the first quarter of 2009, Turnberry and One Hawthorne will be the only "shovels-in-the-dirt" high rise residential projects in San Francisco. Will these buildings come on line just in time for the return of strong demand for condos Downtown ? Consult your oracle of choice...

Speaking of oracle's, my colleagues and I came up with a quick and fun way to determine if Downtown living is right for you (assuming you haven't already made this decision which I know some of you have). It's called the Herth Downtown Ten Point Lifestyle Test. If you answer 8 or more of the 10 questions in the affirmative, then you should include downtown properties in your new home search.

Herth Downtown's Ten Point Lifestyle Test:

1. Does condominium living appeal to you ?
2. Would you consider living in a Mid or High Rise development ?
3. Are you considering living in or near the city center?
4. Does new or recent construction interest you?
5. Would you like to live near your business, work or public transit yet not have to drive?
6. Are on-site amenities such as a doorman, concierge services, or fitness facilities important to you?
7. Would you like to live near your daily destinations such as grocery stores, retailers, or restaurants?
8. Is being close to cultural venues such as museums, live music, art galleries or theaters attractive ?
9. Are you interested in a low-maintenance "lock & leave" residence?
10. Is a wide price range and comparative value a priority ?

I hope that was fun and informative. If you are still on the fence, I can help you decide whether or not Downtown is right for you. If you now know that Downtown living is your thing, you can determine which developments will suit you best by contacting me.

I know of two that will be forming interest lists soon...