McGowan plans one-day Cupples Station loft sale for second year
Last year, developer Kevin McGowan and his company blueurban held a one-day sales event for lofts in their new Ballpark Lofts at Cupples Station Building #8, and sold 61 of 68 lofts in an hour and a half.
The real estate market is very different this year, but blueurban plans to repeat the sale and the buyers’ priority list that led up to it. Does McGowan expect similar results?
“Interest for our Cupples Station Building #9 loft project is much greater and we expect to sell all of these lofts on a single Saturday this spring,” said McGowan in an announcement. The lofts in question overlook Busch Stadium and will sell for $170,000 to over $500,000. McGowan expects to sign up 61 priority buyers who each will hand over a refundable $2,500 check for priority right to pick and buy the loft of their choice.
“Our goals are the same as last year and our expectations so far have been met,” said bluerban’s marketing rep Jenni. “Ballpark Lofts are right in front of Busch Stadium. During ball season, living there is an experience only few can say they have.”
We’ll be interested to see how it goes…