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February 1, 2008 at 7:13 AM #11685February 1, 2008 at 7:59 AM #146487BugsParticipant
I live in Carlsbad and I reviewed a good percentage of the appraisals that were used to finance the original sales transactions in Bressi.
The northern boundary for Bressi is Palomar Airport Road and the western boundary is El Camino Real. Palomar McClellan Airport is located on the n/west corner of the intersection of the two streets and Bressi is at the s/east corner.
Bressi is a planned community that features about 300,000 SqFt of office and industrial properties fronting the two main roads, with the residential areas on the interior. It includes some multifamily homes oriented between the housing tracts on the interior and the office uses along El Camino Real. The residential portion of the project was built out first and is all sold out with the exception of about 15 lots over in the Barratt portion of the project. For some reason Barratt is having a hard time unloading $2mil tract homes in a neighborhood surrounded by $1mil and under tract homes. Go figure.
The reason the developers built the residential portion first is because they were tacking on $150k view amenity premiums for the homes that back to the western boundary of the housing portion and which look out to the west. The reason there was a view amenity was because the office/industrial zoned areas weren’t built out. The developers didn’t even start grading until the houses were all sold off. Now that the developers are erecting 30 foot tall concrete tilt-up industrials along El Camino Real they’re wiping out those view amenities. No more peek views of the ocean at Bressi.
The landing pattern at Palomar basically follows Palmoar Airport Road and that airport is among the busiest in the region. Air traffic includes small and medium sized jets and they’re expanding the terminals so they can support more traffic.
Incidentally, they’re having a tough time selling off the office and industrial condos in that area. I probably don’t have to tell you what will happen when you get a bunch of commercial properties sitting vacant for a year or two at a major traffic intersection.
If it were my decision I’d look elsewhere and I wouldn’t be all that concerned about clubhouses and pools. Maybe 10% of the residents of these types of projects ever use those facilities and they just add to your HOA dues. The developers like to paint pictures of close knit neighborhoods like Mayberry, but the reality is that most people meet one time to introduce themselves and then limit their interaction to waving at each other as they pull in and out of their driveways.
Different strokes.
February 1, 2008 at 7:59 AM #146731BugsParticipantI live in Carlsbad and I reviewed a good percentage of the appraisals that were used to finance the original sales transactions in Bressi.
The northern boundary for Bressi is Palomar Airport Road and the western boundary is El Camino Real. Palomar McClellan Airport is located on the n/west corner of the intersection of the two streets and Bressi is at the s/east corner.
Bressi is a planned community that features about 300,000 SqFt of office and industrial properties fronting the two main roads, with the residential areas on the interior. It includes some multifamily homes oriented between the housing tracts on the interior and the office uses along El Camino Real. The residential portion of the project was built out first and is all sold out with the exception of about 15 lots over in the Barratt portion of the project. For some reason Barratt is having a hard time unloading $2mil tract homes in a neighborhood surrounded by $1mil and under tract homes. Go figure.
The reason the developers built the residential portion first is because they were tacking on $150k view amenity premiums for the homes that back to the western boundary of the housing portion and which look out to the west. The reason there was a view amenity was because the office/industrial zoned areas weren’t built out. The developers didn’t even start grading until the houses were all sold off. Now that the developers are erecting 30 foot tall concrete tilt-up industrials along El Camino Real they’re wiping out those view amenities. No more peek views of the ocean at Bressi.
The landing pattern at Palomar basically follows Palmoar Airport Road and that airport is among the busiest in the region. Air traffic includes small and medium sized jets and they’re expanding the terminals so they can support more traffic.
Incidentally, they’re having a tough time selling off the office and industrial condos in that area. I probably don’t have to tell you what will happen when you get a bunch of commercial properties sitting vacant for a year or two at a major traffic intersection.
If it were my decision I’d look elsewhere and I wouldn’t be all that concerned about clubhouses and pools. Maybe 10% of the residents of these types of projects ever use those facilities and they just add to your HOA dues. The developers like to paint pictures of close knit neighborhoods like Mayberry, but the reality is that most people meet one time to introduce themselves and then limit their interaction to waving at each other as they pull in and out of their driveways.
Different strokes.
February 1, 2008 at 7:59 AM #146758BugsParticipantI live in Carlsbad and I reviewed a good percentage of the appraisals that were used to finance the original sales transactions in Bressi.
The northern boundary for Bressi is Palomar Airport Road and the western boundary is El Camino Real. Palomar McClellan Airport is located on the n/west corner of the intersection of the two streets and Bressi is at the s/east corner.
Bressi is a planned community that features about 300,000 SqFt of office and industrial properties fronting the two main roads, with the residential areas on the interior. It includes some multifamily homes oriented between the housing tracts on the interior and the office uses along El Camino Real. The residential portion of the project was built out first and is all sold out with the exception of about 15 lots over in the Barratt portion of the project. For some reason Barratt is having a hard time unloading $2mil tract homes in a neighborhood surrounded by $1mil and under tract homes. Go figure.
The reason the developers built the residential portion first is because they were tacking on $150k view amenity premiums for the homes that back to the western boundary of the housing portion and which look out to the west. The reason there was a view amenity was because the office/industrial zoned areas weren’t built out. The developers didn’t even start grading until the houses were all sold off. Now that the developers are erecting 30 foot tall concrete tilt-up industrials along El Camino Real they’re wiping out those view amenities. No more peek views of the ocean at Bressi.
The landing pattern at Palomar basically follows Palmoar Airport Road and that airport is among the busiest in the region. Air traffic includes small and medium sized jets and they’re expanding the terminals so they can support more traffic.
Incidentally, they’re having a tough time selling off the office and industrial condos in that area. I probably don’t have to tell you what will happen when you get a bunch of commercial properties sitting vacant for a year or two at a major traffic intersection.
If it were my decision I’d look elsewhere and I wouldn’t be all that concerned about clubhouses and pools. Maybe 10% of the residents of these types of projects ever use those facilities and they just add to your HOA dues. The developers like to paint pictures of close knit neighborhoods like Mayberry, but the reality is that most people meet one time to introduce themselves and then limit their interaction to waving at each other as they pull in and out of their driveways.
Different strokes.
February 1, 2008 at 7:59 AM #146769BugsParticipantI live in Carlsbad and I reviewed a good percentage of the appraisals that were used to finance the original sales transactions in Bressi.
The northern boundary for Bressi is Palomar Airport Road and the western boundary is El Camino Real. Palomar McClellan Airport is located on the n/west corner of the intersection of the two streets and Bressi is at the s/east corner.
Bressi is a planned community that features about 300,000 SqFt of office and industrial properties fronting the two main roads, with the residential areas on the interior. It includes some multifamily homes oriented between the housing tracts on the interior and the office uses along El Camino Real. The residential portion of the project was built out first and is all sold out with the exception of about 15 lots over in the Barratt portion of the project. For some reason Barratt is having a hard time unloading $2mil tract homes in a neighborhood surrounded by $1mil and under tract homes. Go figure.
The reason the developers built the residential portion first is because they were tacking on $150k view amenity premiums for the homes that back to the western boundary of the housing portion and which look out to the west. The reason there was a view amenity was because the office/industrial zoned areas weren’t built out. The developers didn’t even start grading until the houses were all sold off. Now that the developers are erecting 30 foot tall concrete tilt-up industrials along El Camino Real they’re wiping out those view amenities. No more peek views of the ocean at Bressi.
The landing pattern at Palomar basically follows Palmoar Airport Road and that airport is among the busiest in the region. Air traffic includes small and medium sized jets and they’re expanding the terminals so they can support more traffic.
Incidentally, they’re having a tough time selling off the office and industrial condos in that area. I probably don’t have to tell you what will happen when you get a bunch of commercial properties sitting vacant for a year or two at a major traffic intersection.
If it were my decision I’d look elsewhere and I wouldn’t be all that concerned about clubhouses and pools. Maybe 10% of the residents of these types of projects ever use those facilities and they just add to your HOA dues. The developers like to paint pictures of close knit neighborhoods like Mayberry, but the reality is that most people meet one time to introduce themselves and then limit their interaction to waving at each other as they pull in and out of their driveways.
Different strokes.
February 1, 2008 at 7:59 AM #146830BugsParticipantI live in Carlsbad and I reviewed a good percentage of the appraisals that were used to finance the original sales transactions in Bressi.
The northern boundary for Bressi is Palomar Airport Road and the western boundary is El Camino Real. Palomar McClellan Airport is located on the n/west corner of the intersection of the two streets and Bressi is at the s/east corner.
Bressi is a planned community that features about 300,000 SqFt of office and industrial properties fronting the two main roads, with the residential areas on the interior. It includes some multifamily homes oriented between the housing tracts on the interior and the office uses along El Camino Real. The residential portion of the project was built out first and is all sold out with the exception of about 15 lots over in the Barratt portion of the project. For some reason Barratt is having a hard time unloading $2mil tract homes in a neighborhood surrounded by $1mil and under tract homes. Go figure.
The reason the developers built the residential portion first is because they were tacking on $150k view amenity premiums for the homes that back to the western boundary of the housing portion and which look out to the west. The reason there was a view amenity was because the office/industrial zoned areas weren’t built out. The developers didn’t even start grading until the houses were all sold off. Now that the developers are erecting 30 foot tall concrete tilt-up industrials along El Camino Real they’re wiping out those view amenities. No more peek views of the ocean at Bressi.
The landing pattern at Palomar basically follows Palmoar Airport Road and that airport is among the busiest in the region. Air traffic includes small and medium sized jets and they’re expanding the terminals so they can support more traffic.
Incidentally, they’re having a tough time selling off the office and industrial condos in that area. I probably don’t have to tell you what will happen when you get a bunch of commercial properties sitting vacant for a year or two at a major traffic intersection.
If it were my decision I’d look elsewhere and I wouldn’t be all that concerned about clubhouses and pools. Maybe 10% of the residents of these types of projects ever use those facilities and they just add to your HOA dues. The developers like to paint pictures of close knit neighborhoods like Mayberry, but the reality is that most people meet one time to introduce themselves and then limit their interaction to waving at each other as they pull in and out of their driveways.
Different strokes.
February 1, 2008 at 8:14 AM #146492terriParticipantthank you…very informative. What then…is your take on the surrounding communities (la costa and others that share a good school system)?
February 1, 2008 at 8:14 AM #146736terriParticipantthank you…very informative. What then…is your take on the surrounding communities (la costa and others that share a good school system)?
February 1, 2008 at 8:14 AM #146763terriParticipantthank you…very informative. What then…is your take on the surrounding communities (la costa and others that share a good school system)?
February 1, 2008 at 8:14 AM #146774terriParticipantthank you…very informative. What then…is your take on the surrounding communities (la costa and others that share a good school system)?
February 1, 2008 at 8:14 AM #146835terriParticipantthank you…very informative. What then…is your take on the surrounding communities (la costa and others that share a good school system)?
February 1, 2008 at 8:45 AM #146507BugsParticipantMy kids all went to Carlsbad High, and while its okay I’ve come to the conclusion that parental involvement is more of a factor in a kid’s education than the reputation of a school district. The demographics and economic conditions in the various households have more influence on test scores than do the curriculums or the instructors at the schools.
Rich neighborhoods aren’t rich because of the high test scores of the schools where they are located; the schools where they are located have high test scores because many rich people have high expectations of performance for their kids.
Whatever you do, if you want your kids to focus on school then stay away from the beach communities. It’s true that half the kids will join the program and excel in scholastics and extracurricular activities like organized sports and stuff. However, the other half will gravtitate toward the skate parks (there’s one located about 3 blocks north of Bressi in that industrial park at Palomar Airport Road/El Camino Real) and surfing. And those two groups do not mix. There’s always lots of tension between the jocks and the surfers/skaters. And unlike in other communities, the jocks and cheerleaders don’t always occupy the top of the social pecking order.
You might want to go to Poway or Carmel Valley instead. Those kids have nothing better to do and nowhere better to go than to get involved at school. Carlsbad and Encinitas aren’t known for turning out professional skaters and surfers for nothing.
February 1, 2008 at 8:45 AM #146751BugsParticipantMy kids all went to Carlsbad High, and while its okay I’ve come to the conclusion that parental involvement is more of a factor in a kid’s education than the reputation of a school district. The demographics and economic conditions in the various households have more influence on test scores than do the curriculums or the instructors at the schools.
Rich neighborhoods aren’t rich because of the high test scores of the schools where they are located; the schools where they are located have high test scores because many rich people have high expectations of performance for their kids.
Whatever you do, if you want your kids to focus on school then stay away from the beach communities. It’s true that half the kids will join the program and excel in scholastics and extracurricular activities like organized sports and stuff. However, the other half will gravtitate toward the skate parks (there’s one located about 3 blocks north of Bressi in that industrial park at Palomar Airport Road/El Camino Real) and surfing. And those two groups do not mix. There’s always lots of tension between the jocks and the surfers/skaters. And unlike in other communities, the jocks and cheerleaders don’t always occupy the top of the social pecking order.
You might want to go to Poway or Carmel Valley instead. Those kids have nothing better to do and nowhere better to go than to get involved at school. Carlsbad and Encinitas aren’t known for turning out professional skaters and surfers for nothing.
February 1, 2008 at 8:45 AM #146777BugsParticipantMy kids all went to Carlsbad High, and while its okay I’ve come to the conclusion that parental involvement is more of a factor in a kid’s education than the reputation of a school district. The demographics and economic conditions in the various households have more influence on test scores than do the curriculums or the instructors at the schools.
Rich neighborhoods aren’t rich because of the high test scores of the schools where they are located; the schools where they are located have high test scores because many rich people have high expectations of performance for their kids.
Whatever you do, if you want your kids to focus on school then stay away from the beach communities. It’s true that half the kids will join the program and excel in scholastics and extracurricular activities like organized sports and stuff. However, the other half will gravtitate toward the skate parks (there’s one located about 3 blocks north of Bressi in that industrial park at Palomar Airport Road/El Camino Real) and surfing. And those two groups do not mix. There’s always lots of tension between the jocks and the surfers/skaters. And unlike in other communities, the jocks and cheerleaders don’t always occupy the top of the social pecking order.
You might want to go to Poway or Carmel Valley instead. Those kids have nothing better to do and nowhere better to go than to get involved at school. Carlsbad and Encinitas aren’t known for turning out professional skaters and surfers for nothing.
February 1, 2008 at 8:45 AM #146789BugsParticipantMy kids all went to Carlsbad High, and while its okay I’ve come to the conclusion that parental involvement is more of a factor in a kid’s education than the reputation of a school district. The demographics and economic conditions in the various households have more influence on test scores than do the curriculums or the instructors at the schools.
Rich neighborhoods aren’t rich because of the high test scores of the schools where they are located; the schools where they are located have high test scores because many rich people have high expectations of performance for their kids.
Whatever you do, if you want your kids to focus on school then stay away from the beach communities. It’s true that half the kids will join the program and excel in scholastics and extracurricular activities like organized sports and stuff. However, the other half will gravtitate toward the skate parks (there’s one located about 3 blocks north of Bressi in that industrial park at Palomar Airport Road/El Camino Real) and surfing. And those two groups do not mix. There’s always lots of tension between the jocks and the surfers/skaters. And unlike in other communities, the jocks and cheerleaders don’t always occupy the top of the social pecking order.
You might want to go to Poway or Carmel Valley instead. Those kids have nothing better to do and nowhere better to go than to get involved at school. Carlsbad and Encinitas aren’t known for turning out professional skaters and surfers for nothing.
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