British-ification of Sawtelle Continues: St. John's Wood Nearly Finished

And so we head to the sweet spot of Sawtelle Blvd to look at the latest construction shots of St. John’s Wood. The 55-unit project, named after a neighborhood in London, will be done in six weeks, according to developer Peter Wilson, who also did the Soho Square project next door. Wilson must be homesick–all his projects have British names. Pricing for St. John’s Wood hasn’t been set yet, but it’s expected that prices will fall in the $400,000-$600,000 range. And some satisfying news for those who like to see buildings sell out: 88 units at the 94-unit Soho Square have closed escrow. Wilson said he believes the combination of pricing–they were priced from $329,000-$629,000–the location, and FHA financing helped sales. Meanwhile, this project is right up the street from the Kanner Architects-designed Exposition project. Last weekend, it was still looking very lonely–the project is on a hiatus following a lender switcharoo.
· Exposition Blvd Project Taking a Break [Curbed LA]
· ConstructionWatch: More English Condos for Sawtelle [Curbed LA]