Slow sales delay 31-story condo at Orange Beach, Phoenix West II completion 2011


We have noted for several months the great success of these condo projects. They have accounted for the bulk of sales in the area. See last month and the month before. and this is the company web site, which does not have any mention of this delay reported by the Associated Press. (via Huntsville, AL channel 19.)

ORANGE BEACH, Ala. (AP) — Developers of the 31-story Phoenix West II in Orange Beach say weather and slow sales will delay its completion by 18 months.

Some 140 clients who signed sales contracts have been told about the delay.

The Brett-Robinson real estate agency says the 358-unit, approximately $160 million complex was scheduled to open in July, but anticipated completion is now January 2011.

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