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Friday, Sep 22, 2023

Buyer Interest High as Cortez Hill Project Begins


Staff Writer

Construction has started at Discovery at Cortez Hill, a 22-story condominium project on Beech Street between Eighth and Ninth avenues.

Already, more than 75 reservations have been accepted for condos there, said Sandra Melville, a sales representative. Buyers will be moving into the 199 residences in September 2001, she added.

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Bosa Development of Vancouver, British Columbia, which is building the Cortez Hill project, last month sold its first 100-unit tower at Horizons at 555 Front Street in just one week, she said.

The Cortez Hill development offers condominiums from 758 to 2,475 square feet in size with one and two bedrooms plus a den. Prices for the properties range from $199,000 to $1.03 million.

Amenities include 9-foot-high ceilings, floor-to-ceiling windows, balconies, and kitchens with granite countertops.

The project’s community facilities include a three-level parking garage, business center with office equipment and a concierge. There’s also a lap pool, outdoor spa and barbecue area, plus a fitness center with sauna and steam room.

Perkins & Co. of Vancouver designed the project. Roel Construction Co. Inc. of San Diego is pouring the concrete. Bosa Development is the general contractor.

Meanwhile, Fieldstone Communities of Newport Beach released 10 single-family detached homes for sale at Monterey Point at EastLake Trails in Chula Vista.

Andrew Murphy, Fieldstone’s San Diego regional manager, said the houses are pre-wired for five telephone lines for home offices and have cable television in each bedroom.

Del Mar-based Davidson Communities has started collecting an interest list for 99 single-family homes to be built at Shelbourne in La Costa Valley. Model homes are now under construction, said Kathy Klassen, a Davidson spokeswoman.

The sales trailer opened March 18. Prices start in the low $500,000s, she said. The four floor plans offered range from 2,722 to 3,904 square feet and have from three to five bedrooms, she said.

Upgraded and fully landscaped models have gone on sale at three North County residential neighborhoods being developed by Barratt American, a subsidiary of Barratt Group of England. The developments are Knightsbridge Country Estates in Olivenhain, Victoria Ranch in San Marcos and Beachwood in Oceanside, said Rick Fletcher, vice president of sales and marketing.

Prices for the homes start at $345,000 and range up to $1.6 million, he said.

More than 40 homes have already been sold at the 97-unit Fairbanks Highlands in the Carmel Valley area, said Megan Nelson, a spokeswoman for Taylor-Woodrow Homes of Irvine.

The development went on sale late last year and prices start in the high $900,000s, she said.

The houses are situated on approximately one-acre lots and range in size from 3,888 to 5,463 square feet. They have from three to five bedrooms. Architect Robert Hidey of Newport Beach designed the houses.

Late last month, Desert Troon Cos. of Scottsdale, Ariz., opened an interior-decorating center at its 464 Prospect condominium development in La Jolla. The building is the old Scripps Memorial Hospital and has been converted into 47 units. Close to 50 percent of the residences have already been pre-sold, said Chris Orlando, a spokesman for the developer.

The condos range from 1,500 to 6,000 square feet and are priced from $650,000 to more than $3 million, Orlando said. Construction is scheduled to be completed in early 2001.


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