Tuesday, December 7, 2010

The Eddy Street Commons Frenzy

If you are a part of the University of Notre Dame community in anyway, then you are undoubtedly familiar with Eddy Street Commons. The development on the south side of the campus is a new residential and commercial site that has ND fans raving. But what is all the frenzy about? What makes Eddy Street Commons special?


Notre Dame has been a part of the South Bend, Indiana area since it's founding, but until now ND kept a fairly autonomous identity apart from the Michiana commercial community. Campus was surrounded on the west by Saint Mary's and Holy Cross College (those being then bordered by the St. Joe River Barrier), on the north by the toll rd and the poorly developed Roseland commercial strip, and on the south by single family residential. Only on the east side of campus had there been some purposeful commercial growth aimed at capturing the Notre Dame market. But that being said, the growth and development was not focused: individual stores, restaurants, apartment complexes, hotels, and more sprung up over time. But there was no organized, overarching master plan. Consequently the area does not look particularly well done.

It seems however, that ND students, faculty, fans, and alumnae were just waiting for a development that WAS well thought out and master planned. The response to the new community has been fantastic. Shopping, dining, and more are all within footsteps of campus now that Notre Dame has Eddy Street Commons. The project, built by Kite Construction, was built on the south side of campus, by acquiring and redeveloping what used to be single family residential.

As a realtor, who specializes in helping Notre Dame investors and alumnae, I have been working closely with several clients to acquire some of the townhomes that are also part of the project. My clients are intrigued with the large investment made at Eddy Street Commons, and feel positive about "co-investing" their dollars if you will. Moreover, they love the walkable distance to tailgating and football games, not to mention the bookstore and other favorite parts of campus. In addition, never before has a Notre Dame residential property been so accessible to fine dining and shopping...simply stroll down the sidewalks to eat at Kildares, Five Guys, or the new acclaimed eatery "The Mark". Once you reach the town square of the complex, if it's football weekend, your odds are good that you will hear live music or have a celebrity sighting like Joe Montana. Basically, it's safe to say that Eddy Street Commons is where the action is.

In addition to the townhomes I am helping buyers acquire, we will now be working with buyers to purchase the new condos that also will be added soon to the project: these condos I have been told will be a great price point, especially considering the location. You will be able to acquire these condos in the 200's! Call me, Steve Smith, at 574-360-2569 to find out more information about the townhomes or condos at Eddy Street Commons...or to educate yourself on other housing options around campus such as Irish Crossings, Stadium Village, Dublin Village, and more. I was the sole listing agent for several of these projects including Dublin Village and Stadium Village: and I am the leading expert on Near Campus Housing and Residences. You will not find a more qualified real estate agent to help you find the right Irish Property! I am a broker-agent, a new construction expert, a college graduate, and a top 10 agent in the community at large. I am also very knowledgeable about property taxes around campus, values around campus, leasing properties out and property management, investment returns, and much more: make sure when you consider this investment you get the right agent to help you. Values change dramatically around Notre Dame within just hundreds of feet...you need to make sure you are making sound investments. You can also email me at ssmith@cooreman.com or steve@goirishproperties.com Thanks for reading and as always, GO IRISH!

1 comment:

paula said...

I really want to see that place. I hope i can visit and see for myself.

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