Pell Place was built in 2005 and 2006 (depending on which building, as there are 3 buildings). The first building at Pell Place was complete in 2005 and that is when the first homeowners moved in. Some other condos in/around Del Mar Heights, Del Mar Highlands, and Carmel Valley are “condo-conversions”… meaning they were originally built for apartment living and then converted into condos for purchase. Pell Place is not a condo-conversion. It was planned, built, and sold as new construction for individual condo purchase. Hope this is helpful.