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Allegro Move-In Dates Delayed

Written by Columbia Heights News

Monday, 03 September 2007

Page 1 of 2

At inception, the Allegro Condominium project was expected to be completed in time for the opening of DC USA in Spring 2008. But it looks like those who have bought an Allegro condo unit will have to wait significantly longer to move into their new units.

According to one condo purchaser, the first units will be available in December 2008.

"This timeframe is a few months later than the August/September deadline I was told when I signed my condo docs in August 2006. Back in Decemeber I heard the completion date could be as late as December 2008, but the sales agents for the building assured me that was only for the penthouse units. You can be sure that if the lower level unites aren't ready for move in until December 2008 that the higher-level units won't be ready until early 2009."

This condo purchaser has been "frustrated that the Allegro folks have been less than forthcoming on their completion date."

Allegro broke ground back in May of this year. The developers have set up a website where you can get construction updates: Allegro Progress. The last post was in July where they announced the completion of the site excavation.

Comments

annoyed that I hear it here
Written by Christy on 2007-09-04 14:54:58

I am also an Allegro purchaser...but this is the first I have heard of this. Why haven't I been informed by the developer? It is bad when I have to resort to an online publication to inform me when I can move into my new place. I am very disappointed in Allegro on this move.

Slightly later than we were told
Written by Future Resident on 2007-09-06 09:26:52

When my partner and I signed late last summer, we were told October of 2008, so a 2-month delay in a little over a year in an increasingly worrisome real estate market is really not that bad...

Look at it this way: you have 2 extra months to not pay that mortgage. :)

But I am also less-than-satisfied with the communication from the developers.

Cheers.

not so bad
Written by FRToo on 2007-09-10 07:06:20

After reading the article I contacted the sales office. Although I received a somewhat unpleasant response to my inquiry, it sounds like this may not be totally accurate. According to the sales office the building is slightly ahead of schedule which can change on a dime due to weather etc. However the delivery schedule for your specific unit is based on when you purchased. I purchased almost a year ago and so mine takes priority over someone this past month. Also lower levels are completed first too. It sounds like it may not be so bad after all for some folks. Customer service could be a lot better!!!

Still Confused
Written by allegrobuyer on 2007-09-10 10:58:10

I also purchased my unit a year ago, so I would think that (if the previous post is accurate) that I'd be given priority for move-in. But I was also told the December 2008 completition date and told that they are one-month ahead of schedule.

Allegro says the December date is a worst-case scenario date they're telling people just in case there is a delay, but they still aren't clear with me on what their actual target date is.

I think it's helpful if Allegro buyers call and ask for clarification.

Interested in Buying at Allegro
Written by John on 2007-09-29 11:05:11

We worked with the Allegro sales staff in June/July 2007 and had decided on a unit. However, the sales office shut down for the summer and we have had no follow-up contact from the sales team. They told us delivery would be January 2009. We are still interested in purchasing, however, we wonder if there might be some underlying problems with the project.

Written by GforGood on 2007-09-29 14:17:12

I don't know, but all I can say is that the progress on site to me looks quite impressive..

Hmmmm
Written by duexepard on 2007-10-01 15:18:31

I know sales are slow at this point, but it seems a little strangethat they would just close the sales office because they met their pre-sales quota, especially with numerous buyers backing out. The outgoing message simply states that it will be available in late '08 and the sales office closed and interested buyers should register at the website.

Written by Buyer on 2007-10-01 19:32:36

You've heard of people backing out? I didn't think that was possible.

hmmmm
Written by duexepard on 2007-10-01 21:10:54

generally speaking, not on this particular project

Still intewrested in buying, but......
Written by John on 2007-10-04 19:49:29

Are there any accessible documents available on the financial health of this project?

Written by GforGood on 2007-10-04 20:54:47

I doubt there would be, but I gather the fact that they are building it up like crazy cannot be a bad sign, now can it? If they were running out of cash, they would have stopped building it already.

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Last Updated ( Monday, 03 September 2007 )

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