ASTORIA LUXURY RESIDENTIAL TOWERS
REACH 90 PERCENT COMPLETION
High Res Photo Available Upon Request
IRVINE, Calif., October 13, 2008 – Intergulf Development Group has announced that Astoria, the only high-rise luxury residential development located within Central Park West, has reached 90 percent completion and is slated for occupancy in late October. Distinguished for its East Coast living on the West Coast, Astoria features two luxury condominium towers located within the tree-lined, 43-acre master-planned Central Park West, Orange County’s first and only master-planned community.
Developed by Intergulf Development Group and Lennar Urban, Astoria includes 240 upscale homes, a spa and oversized pool, private wine tasting room and secured, climate-controlled wine vault, business center, community room with adjacent fitness center, barbecue and entertainment area, resort-style landscaping featuring urban views, and ample parking. Nineteen of the homes are exclusive penthouses showcasing urban views with a select few boasting expansive balconies featuring garden terraces.
The homes range from one bedroom, one and a half baths starting at 1,119 square feet, to three bedrooms three baths plus den and reaching up to 3,024 square feet. Prices range from the $600,000s to $2.9 million.
“Buyers will never have an opportunity like this again to take advantage of historically low interest rates during a buyers’ market. Astoria is a truly unique property offering luxury homes in a vibrant hub with easy access to the city, John Wayne Airport, freeways, shopping, beaches, dining and a host of amenities not readily available at other developments,” said Joe Werner, Chief Operating Officer of Intergulf Development
Group. “What makes Astoria so unique is the high rise living and stunning city views among the quiet, tree-lined community. There’s nothing like it in Orange County.”
In addition to the amenities available at Astoria, residents will have full access to the Central Park West Clubhouse, an 8,000-square-foot recreation center featuring a lounge area, bar, catering kitchen, fitness center with state-of-the-art equipment and exercise studio, meeting rooms, office space, courtyard and entertaining terrace, junior Olympic pool, children’s wading pool, two Jacuzzis and outdoor barbecue pavilion. Residents will also have access to three community parks at Central Park West, complete with basketball courts, pools, play areas and other amenities. Paseos, open spaces, canopy trees, decorative tree grates, art follies and creative planting round out the master-planned community to reinforce the Southern California lifestyle.
When completed, the $2 billion Central Park West developed by Lennar will include almost 20,000 square feet of retail space, 1,380 urban-style homes and flats, office buildings, and commercial and recreational spaces.
For more than 24 years, Intergulf Development Group has built award-winning communities that respect and enhance the environment throughout the Pacific Northwest. In 1999, Intergulf entered the Southern California market with projects such as Treo@Kettner and LaVita, which have been instrumental in revitalizing downtown San Diego. The company continues its commitment to superior leadership in the Southern California condominium market.
Lennar has been in the real estate development business for more than a half century, starting with homebuilding in 1954 and expanding to commercial development and management in 1969. The company is led by a proven management team with unique capabilities and extensive experience in all aspects of real estate development, including the highly specialized fields of military base conversion, large-scale community development and urban renewal communities.
Sales appointments can be made by visiting the Astoria sales studio at 2500 Michelson Dr., Suite 100, Irvine, Calif., 92612, or calling (949) 751-0250. For more information, visit www.astorialiving.net.
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Marisa Vallbona, APR
for Intergulf Development Group
Cell: 619.708.7990
E-mail: cim@cimincorporated.com