A two-sided fireplace in the living room offers sizzle on chilly winter days. There are eight different condo designs in the stone and brick building that will sit next to a large park and pond in Central Park. The Astoria on the Park is likely to appeal to older monied buyers, couples with grown children and a house in the Glebe, Nepean or the west end, says Ms. Adair. Younger buyers won't have to walk far to jobs because Nortel has a large office complex next door to Central Park which has been developed by Ashcroft. He also wants to build loft apartments over the shops and sees a time in the near future when homeowners in single homes, townhomes, the condos or lofts will be able to walk for a good Italian dinner or head to a pub for a draft.
Central Park is all about community.
This is a lifestyle, not a price-point issue. If the Astoria and Broadway are successful, Ashcroft will take the condos to Briar Ridge in Kanata and a location next to Nortel, Alcatel and the hotel and golf course planned by high-tech entrepreneur Terry Matthews. There are young professionals who want the lifestyle of a condo in Kanata, especially in the location next to the golf course, says Mr. Choo. He also predicts some of the high-tech companies may be interested in buying corporate condos to house new recruits. The Astoria is all about service,' says Peggy Adair, marketing consultant for Ashcroft which is launching the eight-storey condo this weekend at the builder's community of Central Park.