Selling condominiums might have been a tough task a while back but there has been an increase of people purchasing them off late. Such has been the case in the Arizona Republic that recently saw the opening of Bridgeview, a luxury condo tower on the south shore of Tempe Town Lake. The 12-story tower has views of the lake and bridges (and so the name) as well as neighbouring towns and the mountains. The $140 million building is situated on the 17-acre Hayden Ferry Lakeside mixed-use site that also includes office space and retail. A luxury hotel might also be constructed here. A few features at Bridgeview are a lounge, a library with a fireplace, a business centre, a demonstration and catering kitchen, a dining room/supper club, a home theatre, billiards room, a gym with a sauna and steam room, an outdoor heated pool and spa, an outdoor barbeque area, a zen garden and a putting course, to mention a few.
Contrary to the difficulties other condominiums seem to be facing, the project manager at Bridgeview reports that nearly half the 104 Bridgeview condos were sold before construction was completed. Bridgeview has one-, two- and three-bedroom residences starting at about $680,000 and 5,000-square-foot penthouse homes at about $5.6 million.