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Lofts at City Museum - 701 North 15 Street

Lofts at City Museum - 701 North 15 Street

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PostJun 20, 2005#1

I've been following these for some time and am baffled as to why they are not sold out or even close to being sold out. The City Museum is one of the most unique museums I have ever seen and the lofts follow the crazy theme.



Very spacious lofts with nice finishes and I believe they come with a free membership to the City Museum.



Does anybody have any insight as to why they are not selling as fast as other developments?



Here is the link to the CM website:



http://www.citymuseum.org/lofts.html

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PostJun 21, 2005#2

For anyone not familiar with this development...



related links:

- <A HREF="http://www.theloftsatcitymuseum.com/">Lofts at City Museum</A>

- <A HREF="http://www.citymuseum.org/">City Museum in Saint Louis</A>

- <A HREF="http://www.stlouislofts.com/701north15th.html">Lofts at City Museum - St. Louis Lofts</A>

- <A HREF="http://www.stlouislofts.com/sptlght_701 ... >Spotlight on The Lofts at City Museum</A>



St. Louis Business Journal Article (05/16/05):

- <A HREF="http://stlouis.bizjournals.com/stlouis/ ... ">Cassilly builds on success with lofts atop City Museum</A>

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PostJun 21, 2005#3

These are very unique lofts in a unique location. Most loft buyers may not want the chaos, even though it is a cool chaos, that the city museum offers. Not saying that they won't sell, it may just take a little longer to get the right kind of buyers that would be willing to put up with the city museum. This is a special situation. I think they will sell though, just give them time. Like I said the location is unique, but maybe a little too unique for most people. Just my two cents.

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PostJun 21, 2005#4

laboubet wrote:These are very unique lofts in a unique location. Most loft buyers may not want the chaos, even though it is a cool chaos, that the city museum offers.


laboubet, I think you may have it. I am not sure how many other loft owners can look out their 5th floor window and watch people climbing around in a wrought-iron slinky! How many other residential units can boast views of an aircraft fuselage just 30 feet from your sofa?! If you love people watching, this opportunity cannot be passed up.








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PostJun 21, 2005#5

While many would not, I would love to live there. I don't think the view would ever get old, because it is always changing.

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PostJun 21, 2005#6

I think you need to have a "Rated G" lifestyle to live near the city museum. Mine isn't even "R."

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PostJun 21, 2005#7

^ Thats funny! If you are not rated "G", you would want some good curtains. But seriously, it is an opportunity for the right people. Barcelona had Gaudi, Baltimore has John Waters, we have Cassilly. HGTV should feature the City Museum Lofts on their Extreme Living show. A lot of people keep a weekend place at the lake or the beach. I think it would be fun for a family to keep a weekend place in this building.

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PostJun 21, 2005#8

Does anybody have any insight as to why they are not selling as fast as other developments?


Last month, I flew to St. Louis to view some of the lofts downtown. I plan to buy one when I move there later this year. I tried calling the City Museum several times to set up a viewing appointment (Before I arrived, and while I was there). I left a voice message with their office twice, and I stopped by the information desk of the museum to try and view the lofts. The person at the desk told me that the lofts had all been sold except for one, and they said I would need to make an appointment for viewing. My calls were never returned. Maybe it was just bad timing, or maybe they need to improve their sales department.

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PostJun 21, 2005#9

If they only have one left, maybe they don't have a sales department. Its pretty much a done deal.



I have considered making a similar fact finding trip -- touring condo properties. I don't want to bother a realtor until my plans are firm. Did you have luck seeing everything you wanted to see besides City Museum? Did you make appointments or did you work with someone?

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PostJun 21, 2005#10

I just noticed that their website says that they are set to begin phase II in fall 2005.



I was able to see several building by making appointments with each development. However, I did not get to see as many as I had hoped. Maybe I should have used a realtor. I looked at the Meridian, The Annex Lofts, and three of the Pyramid Company Lofts. The Meridian has an excellent sales team. They even offered to let me see the skyline view at night. I also found the Pyramid Company?s sales office to be good. I almost put a deposit down for the Meridian, but I decided to wait. I?m thinking the Old Post Office Sq. will be the place to be.

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PostJun 21, 2005#11

The Meridian requires quite a bit of cash to fully-reserve a unit and enter into a contract.

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PostJun 21, 2005#12

M2Tbone and I were down for the loft tour a few weeks back. These at the City Museum were some of the best. The rep who was on hand told us that they've got 4 (?) floors set aside for lofts, and are doing each floor in three phases. I believe she said that the first phase (5th floor[?] west) is sold, and that they've begun to work on the second (east). Part of the reason things are moving slowly is that each unit is entirely unique, from floor plan to fixtures. One of the features that stands out in my memory is a shower enclosed entirely in recycled coke bottles. I also recall that each unit has a central storage space on the floor. In my estimation, these were by far the most creative spaces we saw that day - it would be an incredible place to call home.

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PostNov 10, 2005#13

Just visited the CM website and they said that the walls in the second phase will be "moveable" for owners to customize their unit whenever they want.



Sounds pretty cool.

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PostNov 10, 2005#14

St.Louis UAB alumni wrote:Does anybody have any insight as to why they are not selling as fast as other developments?


Parking is not included. You have to lease a space at market rate.

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PostNov 10, 2005#15

loftlover wrote:
St.Louis UAB alumni wrote:Does anybody have any insight as to why they are not selling as fast as other developments?


Parking is not included. You have to lease a space at market rate.


Something that has changed since I last saw it is that there is now a "long term lease" available for parking spaces.

PostJan 12, 2006#16

Has anyone seen anything related to "Phase II" yet? I'm very disappointed with this development. It has the potential to be a fantastic development, but they raised their prices too high and are taking forever to do anything with it.

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PostJan 12, 2006#17

There's a great new website (by Jeff Stein) for City Museum -- and the lofts, here.



I don't think the City Museum Lofts are for everyone. They have not followed the more usual model of having a basic plan then choosing from some available up-grades.



Each of the build-outs so far has been super-customized by the purchasers and hand-crafted by the Museum's artistic crew when they aren't welding new pieces onto MonstroCity or carving things in the Enchanted Caves. Most of the residents spent hours in their lofts talking to the artists about what they wanted and where they wanted it.

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PostJan 12, 2006#18

What do I keep hearing about a water park on top of the Museum???





I would totally purchase a loft if I was out of college making the bling. If you get tired of the view then put some drapes up and presto no view!

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PostJan 12, 2006#19

The idea of living in a masterpeice appeals to me. Maybe it would be something like living in Gaudi's Casa Batllo www.casabatllo.es or La Pedrera

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PostJan 12, 2006#20

Their lofts are amazing. I would live there if I could afford it.

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PostJan 12, 2006#21

Catch Cassilly or one of the crew members some night at The Cabin, the ever-expanding little log cabin in the west parking lot. They usually hang out there (obvious in their gear) from quitting until about 7:00.



Ask for a tour of the roof -- and an idea of what they plan to have up there by summer.

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PostJan 12, 2006#22

I would like to give Cassilly the Gateway Mall and an unlimited budget. He could make St. Louis the Barcelona of the new world.

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PostJan 13, 2006#23

Those are his benches on the Gateway Mall.

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PostJan 13, 2006#24

publiceye wrote:There's a great new website (by Jeff Stein) for City Museum -- and the lofts, here.



I don't think the City Museum Lofts are for everyone. They have not followed the more usual model of having a basic plan then choosing from some available up-grades.



Each of the build-outs so far has been super-customized by the purchasers and hand-crafted by the Museum's artistic crew when they aren't welding new pieces onto MonstroCity or carving things in the Enchanted Caves. Most of the residents spent hours in their lofts talking to the artists about what they wanted and where they wanted it.
f



When did they finally update the website? I should have complained months ago. If I had seen some of those changes, especially on the price I probably would have been interested. Then again, if I reserved now, when could I move in?

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PostJan 13, 2006#25

You should call and find out. I've been in most of the ones built out so far -- and they are spectacular. What makes them different from most other projects is the skill of the crew. You aren't going to half-ass a wall when your other job involves hanging a school bus from a roof.

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