First -- I do not know the principals, do not own a unit, and will not invest in (I'd have to give up my Scenicruiser Project) what you are about to see. so i ain't pitchin' it or dissin' it.
Just ran across this in my local newspaper. Car Condos...yes, a "house for your car". Clearly not for the "light of wallet" ... not a lot of people have BOTH the cars and the lettuce for this kinda thing.
Basically this is it, excerpt from Detroit Free Press:
$250,000 fancy garages filling up fast in Pontiac
On balance, I am more on the "pro" side than the "nay" side regarding this thing. Thoughts anyone?
Just ran across this in my local newspaper. Car Condos...yes, a "house for your car". Clearly not for the "light of wallet" ... not a lot of people have BOTH the cars and the lettuce for this kinda thing.
Basically this is it, excerpt from Detroit Free Press:
$250,000 fancy garages filling up fast in Pontiac
"The concept behind M1 Concourse is to create a place where deep-pocketed car buffs can store, show off and test-drive high-end vehicles and socialize with those who share their passion. There are multiple car condo communities across the country, although few of them feature their own performance track and even fewer are situated in urban areas like Pontiac. (Most are found well outside city limits.)
The car condos at M1 are climate-controlled garages that can store five or more vehicles, depending on condo size and whether a lift was installed. They are usually outfitted with comforts such as big-screen TVs, pool tables, plush furniture and even golf simulators. The only restriction is that buyers can't actually live in their condo because of zoning rules, but they can sleep over on occasion. Of the 120 car condo buyers so far, three have been women.
"Ninety-five percent (of buyers) are making these man caves, offices or corporate hospitality suites," Oleshansky said. "We are looking at a lot of auto suppliers who are treating this like a suite at the Palace, except for here they can actually put their product in it and it's on a test track."
Welcome to M1 Concourse - The Ultimate Car Enthusiast Destination
Short Video: http://www.m1concourse.com/video/M1ConcourseSizzle.mp4
As as businessperson, I am sorry I didn't think of it. As a car enthusiast, while I am not a buyer of a Car Condo, I would like to know someone who owns one - the fun that could be had at such a place.The car condos at M1 are climate-controlled garages that can store five or more vehicles, depending on condo size and whether a lift was installed. They are usually outfitted with comforts such as big-screen TVs, pool tables, plush furniture and even golf simulators. The only restriction is that buyers can't actually live in their condo because of zoning rules, but they can sleep over on occasion. Of the 120 car condo buyers so far, three have been women.
"Ninety-five percent (of buyers) are making these man caves, offices or corporate hospitality suites," Oleshansky said. "We are looking at a lot of auto suppliers who are treating this like a suite at the Palace, except for here they can actually put their product in it and it's on a test track."
Welcome to M1 Concourse - The Ultimate Car Enthusiast Destination
Short Video: http://www.m1concourse.com/video/M1ConcourseSizzle.mp4
On balance, I am more on the "pro" side than the "nay" side regarding this thing. Thoughts anyone?
Last edited:
