Car Condos

Car condos, otherwise knows as “auto-miniums” are coming to Phoenix.In Phoenix, Goodwood Motoring Club is breaking ground next year on a “condo community” of 15 car condos built around a resort-style courtyard. These car condos will be priced at $680,000 to $1.4 million.

Each condo will include brick-plate tile floors, wine refrigerators, and full luxury bathrooms with choice of travertine or granite floors and surrounds. Probably most importantly these car condos will have a security system allowing owners the ability to log onto the web from anywhere in the world and view their car via camera and control the lighting and temperature of the car’s environment remotely.

This should be a great option for folks buying high rise condos and lofts who need more parking. Many buildings like Portland Place and 44 Monroe are a bit chinzy with the available parking. One exception is Hayden Ferry which offers one parking space per bedroom or office. Not bad. Anyway although pricey, the car condos are a possible solution.

One Guy’s Opinion

A lot of negative things are being said and written about the light rail in general and all the urban development that has been planned or built over the last four years but I gotta say that I really like the direction that this city is going. Have mistakes been made? Absolutely. Are we still a long way off from achieving pedestrian friendly dense neighborhoods? Yep. But, take a drive along the rail route (do it on the weekend or else you’ll lose your mind waiting in traffic) and check out great developments like Century Plaza and Portland Place. Slow down and admire the architecture of Chateaux on Central. Swing by Summit at Copper Square. These are all fantastic projects and really add to the city.

I’m not saying that we don’t have a lot of problems on the horizon. After all, it’s clear that there are not enough buyers for the units being built. We have excess inventory that will most likely take five or more years to absorb. But, if it hadn’t been for the crazy market of 2003-2005 we may never have seen buildings like those mentioned above. The positive fundamentals of our city will eventually solve all the current problems and we will have a better city for it.