Developer Optimistic About Condos

The Arizona Republic reports on an interview with Chicago based Optima Inc.'s founder, David Hovey. Optima is developing two major projects in the Valley; the Optima Biltmore Towers and the Optima Camelview Village near Scottsdale Road and Highland Ave. The Optima Biltmore Towers has sold out, even before construction is completed. Hovey states that there is so much interest in building condos because of the demand for an attractive, alternative lifestyle to traditional housing choices, especially in areas of great shopping, restaurants and other cultural activities. He states that condos will always be attractive to young professionals and empty nesters. He predicts that condos will become a substantial component of all housing because it is a simpler, more efficient, more economical way to live. More...