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Old 11-01-2015, 02:52 PM
 
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I am relocating to Chapel Hill to work at UNC. While house hunting, I gravitated towards condos in the Greenbridge, 140 W Taylor and East54 buildings in Chapel Hill. I liked the condos in East54 and the location. Does anyone have any experience with this building. The prices are on the high side and the number of resales is high at 16 per some websites, so that concerns me. Any thoughts on this building or others in the area? Thanks for the help.
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Old 11-01-2015, 06:43 PM
 
Location: Research Triangle Area, NC
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If choosing between the three, if money were no object, I'd go for Greenbridge or 140 West over East54. Greenbridge and 140 are both more centrally located in the heart of Chapel Hill/Carrboro and I like the floorplans better (there are a couple of units in each development that are for sale under Chapel Hill's Community Hometrust program so they are way way more affordable; hence the only reason I know much about either of these very high-end luxury condo developments).

East54 is more convenient to I-40 and the rest of the Triangle though. There are some cool places within walking distance right in that development and in nearby Meadowmont....just not the same vibe as Franklin/Rosemary/W. Main st corridor (though for many people I'm sure that would make it more preferable)
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Old 11-01-2015, 07:21 PM
 
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If the price is close I also can't imagine why you'd pick East54 over Greenbridge and 140. Downtown vs outskirts.

Of course, I also can't see why someone would spend $350K on a condo rather than a house, but that's another discussion.
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Old 11-01-2015, 09:37 PM
 
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The light rail is in question but if it does get built 54 east will basically have its own station.
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Old 11-01-2015, 10:29 PM
 
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Thanks for your replies. The light rail is a consideration but if it does end up going through, thats at least 10 years away from now per what I have read. Although, if it does go through, then East54 would be the ideal place given a probably 15 minute or less light rail trip to UNC.
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Old 11-01-2015, 10:58 PM
 
Location: Research Triangle Area, NC
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A 15 minute lightrail ride to UNC from East54 would be pretty inefficient. It's currently 5 minute drive or 10 minute (free) bus ride.

Again, all of the condo developments are you looking at are new, offer a lot of amenities, and are probably solid real estate investments in the long term. The decision you'd need to make would be based on location. Either being walkable to UNC and downtown, or being closer to I-40 with easier access to the airport/ the rest of the Triangle.
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