Sunday, February 10, 2008By KATHY JUMPER
Real Estate Editor Larry Wireman's 173-unit Turquoise Place condominium tower in Orange Beach will be finished this spring, and he said he's optimistic that the million-dollar-plus units will close.
"We have a very special product," he said. "But the fact of the matter is, we never know until we get to the closing table" whether the buyers who bought the units as presales will show up. The units average $1.5 million, he said.
The 24-story Turquoise Place on Alabama 182 is one of the few new condo complexes that will open this year at the Gulf, with some Realtors viewing the luxury units as a barometer for future sales.
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