The Saint Paul Condo Blog

It sounds like a joke, but it's not!  One of the exhibitors at the 2007 Millard Fillmore dinner, River Cities Condos is building 200 condominiums on top of four barges.  The plan is to travel the waterways of the USA, depending on the time of the year.  When I normally talk about price per square foot cost for condos, it's in the $150-400 range with most falling in between $200 to $300 a square foot.  This project is pricing their condos at $500 to $550 a square foot!  Then there is the association dues...  Most buildings in downtown are charging between $.30 to $.45 per square foot.  Any guess on the cost for River Cities??

$1.95 a square foot!

Now before you completely think these number are out of line, keep in mind the association dues will include the salaries of nearly 35 people, plus the fuel to power a 4200hp engine.

Because it would be nearly impossible to get real mail in a condo like this, they will have an on-road semi following the "River Cities" that will have the mail couriered to and also hold cars that are available to rent.

Don't believe me?  Check it out for yourself!

www.RiverCitiesCondos.com