July 2009 Archives | 92101 Urban Living

A New Plan for Survival at the Vantage Pointe in the East Village District in Downtown San Diego!!

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The Vantage Pointe’s Canadian developer is now seeking state approval to change the marketing strategy to be able to improve the plan to bring new residents into the largest condominium high rise in Downtown San Diego. The developer wants to divide the 40 story Vantage Pointe in the East Village/Ballpark District into 5 residential projects. In May, Vantage Pointe returned deposits to nearly 300 original buyers and this is also when the decision was made for the new marketing plan. Read our former blog Downtown San Diegos Vantage Pointe is Returning Every Buyers Deposits.

Last week the 679 unit Vantage Pointe project opened to a group of selected buyers and real estate brokers who were able to see model units, the grand lobby, lap pool, gym and sun deck.

The plan is to rent 244 homes in the central part of the building. Before doing that it must first pass muster with the California Department of Real Estate before individual Condos can be sold.

Vantage Pointe is working on getting FHA and VA approved and its just a great opportunity for the first time homebuyer to invest in homes for sale in this growing infrastructure with a cement building and quality construction.

It is interesting that Lori Weisberg at the Union Tribune is mentioning in her article, Vantage Pointe project: a new plan for survival, that sales of new Condos for the first 6 months of 2009 were down 52% compared with earlier year, resales condos a 13% increase, according to MDA Dataquick.

92101 Urban Living revealed totally different numbers. Read more in our former blog Downtown 92101 Q2 Condo Sales Reveal that the Developer Wars Continue.

Located in Downtown San Diego’s East Village District on the North side of B Street, between 10th & 11th Avenues. Ten Fifty B will be a 23 story high rise mixed use project with 229 Studios, 1, 2 & 3 bedroom units and approximately 14,000 square feet of retail space on the north side of B Street.

6 years ago when the developer started the Vantage Pointe project Downtown San Diego were still booming and housing prices were on the rise.

To read the full article written by Lori Weisberg at the Union Tribune please click here

Don’t Miss Out – Bring Your Dog for the Paw-ty in Downtown San Diego 92101!!

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The best thing about this fabulous City we live in is not the glorious weather, the sandy beaches, or the thriving culture – its the fact that Downtown San Diego is a very dog friendly town. After all, just because your best friend drools doesnt mean he shouldnt get to soak up the sights of the City with you.

Whether youre looking for top-notch veterinary care for your canine child or just looking to pick up a few new staples for your dogs wardrobe or to find a new place to dine where Fido is welcome, you have come to the right place. Downtown Dog Lover is the website dogs would log onto if they had thumbs.

On Saturday August 8, 2009 DowntownDogLover.com will have a Launch PAW-ty at the San Diego Wine & Culinary Center in Downtown from 1-5 pm.

Among other things, the event will feature special events such as a Running of the Bulldogs, a Furry Friends Fashion Show, Vendor Exhibits and a Silent Auction for charity. All Downtown San Diego Loft and Downtown San Diego Condo and San Diego residents and visitors are invited to attend and everyone is encouraged to bring their leashed dog(s).

Check out the invitation below and please visit www.downtowndoglover.com for more information.

Comic-Con 2009 at the Convention Center in Downtown San Diego

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Click to play this Smilebox slideshow: Comic Con 2009

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If you are a Downtown San Diego Loft or Condo home owner or a visitor to Downtown San Diego put your favorite character clothes on and head down to the Comic-Con celebration in the Gaslamp District right across the street from the San Diego Convention Center.

The party has already started and is going on from the 23rd to the 26th of July.

Don’t miss out to meet Michael Doc Allred, famous for the Madman Comic Books, Kevin J Andersson, bestselling author of nearly 100 books, Sergio Aragone’s, Mad cartoonist, Gail Simone, writer of Wonderwoman and Secret Six and many many more.

Visit Comic-Con for more information here

To read our former blog about the Comic-Con please visit ComicCon is Coming!

HOA Included in Reduced Prices – “The Legend” in the Ballpark/East Village District in Downtown San Diego 92101!!

HOA Included in Reduced Prices - The Legend in the Ballpark/East Village District in Downtown San Diego 92101!! Finished in 2007, The Legend is yet another Bosa Development, defining the Downtown San Diego skyline. The Legend’s 170 high rise condominiums and 8 town homes provides a perfect balance of privacy, luxury and convenience right in the heart of Downtown. Views of San Diegos waterfront, the City lights, Park at the Park and the San Gabriel Mountains add to the inspiring atmosphere of high rise living.

An elegant courtyard entrance, creating a private enclave approaching the lobby, provides a fitting and impressive sense of arrival for residents and their guests. The concierge service and 24-hour gate attendant add a sense of belonging while an ambiance of refinement and contemporary sophistication is apparent throughout the building. Legendary amenities include a 2nd floor rooftop deck looking out over Park at the Park complete with pool and spa, fully-equipped fitness room, roof garden & BBQ area, steam, sauna & change rooms. The 7th floor social lounge, which opens out onto a 3,200 square foot rooftop deck also overlooking Park at the Park, complete with outdoor fireplace and barbecue area ensures there’s always plenty of space for social and recreational activities.

The Legend’s incredible close out pricing and 3 year HOA means that a stunning new home has never been so affordable. Imagine what you could do with the money you save! Furnish your new home, buy Padres season tickets or take a luxurious vacation.

Visit the Legend’s sales center today to choose your new home at The Legend or call them at 619-231-9609

The Hip, Cool and Unique Places to Go in The Gaslamp and The Columbia District in Downtown San Diego!!

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Doesnt matter if you are a Downtown San Diego Loft or a Downtown San Diego Condo home owner in Crown Bay, Gaslamp City Square, Treo or Electra or a Downtown San Diego visitor, we all search for “The Place” to go. No need to search no more, the “Urbanist” guide is here to help you!

Feel free to pick up the free “Urbanist” guide that is distributed everywhere in Downtown to find the Urban adventures and discoveries in Downtown San Diego.

To see our former blog about “Urbanist” visit Urbanist – An Urban Adventure and Discovery in Downtown San Diego and The Hip, Cool and Unique Places to Go in The Little Italy District in Downtown San Diego!!

In the “Urbanist” you can find all the cool and hip places to go in the Gaslamp District and the Columbia District such as:

Apparel Boutiques

ADIDASAMERICAN APPAREL

PUMA

VOLCOM

Breakfast

CAFE 222

MARYJANE’SRICHARD WALKER’S PANCAKE HOUSE

Contemporary Cuisine

TABULEDessert

HEAVENLY CUPCAKE

PINKBERRY

French

CURRANTFurniture & Home

URBAN LIGHTINGGalleries & Culture

MCASD – DOWNTOWNTHE NEW CHILDREN’S MUSEUM

Mexican

LA PUERTANightlife & Music Venue

HOUSE OF BLUES

Sandwiches & Salads

BAREBACK GRILLCALIFORNIA GRINDERS

Seafood

OCEANAIRE

TIN FISHShoes

ATTIC

Sushi & Asian

NOBURED PEARL

SUSHI DELI 1 AND 2TAKA

For more information about the “Urbanist” and the Gaslamp and Columbia District visit their website at Gaslamp District and Columbia District.

Downtown San Diego 92101 Homeowners Policy – The Individual Policy!

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People often ask Do I really need condominium insurance?. According to Rick Wiese at Providing Insurance & Financial Services, State Farm Insurance in San Diego, the answer is without a doubt – Yes, you do!

Rick says a Condominium Policy is similar to a Home Owners Policy in many ways and also very different. It will cover you for many of the same types of losses or covered perils like fire, immediate escape of water, wind, smoke, hail, vandalism, etc. Most often the majority of structural coverage is provided by the master policy.

The personal property is simply all of your belongings you move with you into the unit. They may also include items you have in storage or even in your car (typically your stuff is covered anywhere). There are some specific limitations for such items as jewelry to you want to make sure you have adequate limits. It is also important to think of your stuff in terms of what would cost to replace rather than the current value.

Loss assessment coverage provides for your share of damage caused to the common area or your share of the liability loss with other unit owners if the master policy is not sufficient.

Loss of use coverage is going to pay for any added expenses incurred because you can no longer reside in your home due to a covered loss. This may include temporary lodging, added meal expense, laundry, dry cleaning, furniture rental, etc.).

The liability protection should be set up at an amount that will protect your income, your equity and other investments subject to liens or a lawsuit. This is typically a very small expenses far as the choices of the policy yet this may be the most important (what if you overflowed your toilet and caused damage to 2-3 other units or start a fire setting off the sprinkler system and cause damage to the entire floor).

The medical coverage provides for medical expenses to any guest of yours that is injured while occupying your unit. This coverage is provided without any determination of liability required. Basically it will provide coverage if they are hurt in your unit up to the limits in the policy. At that point your liability insurance may provide added benefits if you were responsible for causing the injury.

If you have any further questions please contact Rick Wiese at Providing Insurance & Financial Services, State Farm Insurance at 619-293-7211 or e-mail him at [email protected]. You can also get more information about Rick on his website rickwiese.com

Please visit our former blog “Downtown San Diego 92101 Condo and Loft Insurance – Is It Necessary?”

Read our former blogs “Downtown San Diego 92101 Condominium Home Owner Policy – The Master Policy!” and “Downtown San Diego 92101 Condo and Loft Insurance – Is It Necessary?”

The Hip, Cool and Unique Places to Go in The Little Italy District in Downtown San Diego!!

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Doesn’t matter if you are a Downtown San Diego Loft home owner in Doma or Portico or a Downtown San Diego Condo home owner in La Vita, Aperture or Aqua Vista or a Downtown San Diego visitor, we all search for the place to go. No need to search no more, the Urbanist guide is here to help you!

Feel free to pick up the free “Urbanist” guide that is distributed everywhere in Downtown to find the Urban adventures and discoveries in Downtown San Diego.

To see our former blog about “Urbanist” visit Urbanist – An Urban Adventure and Discovery in Downtown San Diego.

In the “Urbanist” you can find all the cool and hip places to go in Little Italy such as:

Apparel Boutiques
IGLOO
Coffee & Tea
CAFÉ ITALIA
Dessert
PAPPALECCO
Furniture & Home
ARCHITECTURAL SALVAGE
BO CONCEPT
BOOMERANG FOR MODERN
DNA
KLASSIK
MIXTURE
STATION CO-OP
Galleries & Culture
JETT GALLERY
SCOTT WHITE ART
SEMINAL PROJECTS
SUBTEXT
Italian
BUON APPETITO / SOGNO DI VINO
Nightlife & Music Venue
AIRPORT LOUNGE
CASBAH
KAVA LOUNGE
RED VELVET
Salon
HYDE-EDWARDS SALON & SPA
SALON TONIC
Sandwiches & Salads
MONA LISA
Vintage Apparel
AKIA

For more information about the “Urbanist” and the Little Italy District visit their website at Little Italy

Downtown San Diego 92101 Condominium Home Owner Policy – The Master Policy!

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http://www.youtube.com/watch?v=TDaem0wzOaY

Rick says the Condominium Policy will cover you for many of the types of losses or covered perils like fire, immediate escape of water, wind, smoke, hail, vandalism, etc. Most often the majority of structural coverage is provided by the “Master Policy” from your HOA.

The Condominium Policy for the Association does not cover you completely. Typically you will find the Association provides coverage in one of the following manners:

· Insures the basic building(s) (walls, roof, floors, elevators) but leaves to you the responsibility of insuring appliances, carpeting, cabinets, wall coverings, and other items in your home, and in some cases even the interior walls.

· Insures both the basic building(s) and the items within your unit other than personal property.

· Insures both the basic building(s) and includes unit owner fixtures and improvements

You can look to the Articles of the Association and/or CCRs (covenants, conditions, and restrictions) for answers to what has been decided is the responsibility of the HOA and what is considered the responsibility of each unit owner. It may also be helpful to talk to the property management for guidance. You can do your own research or provide the phone numbers to your agent to help you.

Read our former blog “Downtown San Diego 92101 Condo and Loft Insurance – Is It Necessary?”

Want to Become a Downtown San Diego Condo Renter in The East Village/Ballpark District’s Icon. Check This Out!

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Click to play this Smilebox slideshow: Icon #402

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A contemporary and elegant Northwest corner 2 Bedroom Condo in Icon in Downtown San Diego is for rent. Wall to wall corner windows provide tons of natural light, and panoramic corridor views that include 10th Ave/J Street, Petco Park and the City skyline. The home features a private West facing balcony, exposed cement, stainless steel appliances and granite counter tops in the kitchen, chocolate hardwood floors, bedroom Berber carpet, marble upgrades in bathrooms, roman window coverings, custom built-in shelving in dining room and dual vanities in the master bathroom.

The rent is $2600/month for two bedrooms and two bathrooms. Security deposit $2600 with one year lease. Not furnished. No pets.

Located in the heart of the East Village/Ballpark District Icon is encompassing an entire City block bound by 10th, 11th, J Street and K Street. A superb location with Petco Park on one side, and the new San Diego Public Library development site on the other. Other complexes around Icon is Fahrenheit, Metrome and M2i. Icon has two entrances: 321 10th Ave, and 350 11th Ave. Finished in January of 2007, the developers Levin/Menzies went to great lengths to make this one of the most unique and desirable complexes in all of Downtown San Diego.

The Icon complex is comprised of four buildings of all concrete construction: Building 1 is 26 stories, Building 2 is 11 stories, Building 3 is 9 stories, and Building 4 is 5 stories. The four buildings surround a perfectly landscaped interior courtyard that features original sculpture art and waterfall features. The interior courtyard gives the complex an intimate community feeling. Even though there are 327 units, you still feel well connected to your neighbors. The building projects like Icon, Diamond Terrace, and Park Terrace were all just completed in 2007. The street level retail that goes in to those spaces will really define the infrastructure of the neighborhood.

For more information about Icon please visit Icon

Icon’s amenities include:

Wood flooring standard in kitchen
Designer-selected color palette for each Interior Finish Scheme
KitchenAid Architect Series stainless steel appliances
Wood-grain laminate cabinetry
Slab granite counter tops and 4 back splash
Porcelain or engineered marble bath flooring (most plans)
Double vanities in master baths with custom, floating back lit mirror treatment (most plans)
Exposed interior concrete structural elements (per plan)
9 ceiling heights in flats and town homes, and dramatic 14 – 16.5 elevations in lofts and live/work spaces
Interior laundry hook-ups
Thermostatically controlled individual heating and A/C
Spacious covered terraces (most plans)
Four distinct and vibrantly colored towers with unique architectural designs and lifestyle options
Dramatic clerestory roof lines on two of the four buildings
Open-air lobby at 11th Avenue entrance
Dynamic retail, commercial and live/work venues on the ground floor
Icon Sky box viewing terrace overlooking Petco Park, exclusively for Icon residents
Courtyard-level 5th Inning Lounge available to Icon residents for meetings, special events, community activities, etc.
Icon Theater with raised seating and a state-of-the-art audio/visual & gaming system
Fitness Studio for all levels of co-ed fitness training and conditioning
San Diegos first 60-foot sculpture by renowned artist Ned Kahn-that captures the look-and-sound of softly cascading water
Two controlled-access lobbies with community attendant staffing and on-site facilities manager
Controlled-access subterranean garage & off-street loading docks
Convenient trash chutes on each residential floor
World-class San Diego Main Library facility proposed at 11th and J
Exciting restaurants, entertainment and shopping in the Ballpark District and the Gaslamp Quarter, all within easy walking, trolley or pedicab distance
San Diego Trolley just one block away for easy, safe and fun transportation
MLK Promenade, Embarcadero, Marina and Urban Art Trail within steps of your front door for recreational walking, jogging, roller-blading, biking and more

For more information please e-mail [email protected]

Downtown San Diego 92101 Condo and Loft Insurance – Is It Necessary?

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http://www.youtube.com/watch?v=TiZBMdVhfR0

Condominium Policy is a special insurance designed to fit the specific needs of the Condo Home Owners. Downtown San Diego Condo and Downtown San Diego Loft owners need to take into consideration additional coverage for the building based on their condominium association’s master policy and coverage.

The proper amount of Condominium Insurance is a little complicated and coming up short can be costly. In addition, the recent requirements of Fannie Mae have made the issue even more complicated (they may require building coverage to the extent of 20% of the Condominium appraised value if the association does not have adequate coverage).

Rick’s suggestion is to talk to a qualified agent familiar with Condominium Insurance and willing to help guide you with your decisions. You may also want to consider a company that will provide discounts for combining your auto and Condominium Insurance.

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