Along with the ongoing mantra of cut prices on anything new, the Mission Bay waterfront development Radiance announced new prices and incentives to buyers. This development still feels a bit on the outreach as far as it’s location, but with the Mission Bay will really be coming of age when all the dust settles. As far as waterfront property in the city, condos are a bit scarce. Most buildings along the South Beach waterfront are apartments and just North of Market along the Embarcadero any proposals to build seem to get kicked right out with a quickness.
The developer of the Mission Bay Radiance development said:
“pragmatic approach” but not a “permanent situation.” The market is already showing slight signs of a recovery and we will obviously have to adjust prices upwards again once the market demonstrates sustained recovery. - SF Business Times
Given the scarcity of property along the waterfront of the city and the newness of the developing area. This very well could be a great opportunity to get in on a great value. Along with the new prices are a buyers incentive of having 2 years HOA dues paid in advance. Feature price reductions below.
More on The Radiance at Mission Bay Here.
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Mon, Mar 2, 2009
Radiance