After months of following the David Wright House's brushes with demolition, we're happy to report that an anonymous, preservation-friendly buyer has bought the house.
According to Real Estate Agent Robert Joffe, who represented the sellers (the developers who wished to split the Frank Lloyd Wright house down the middle), the new owner intends to preserve and restore the home. It sold for its asking price of $2.38 million dollars.
The Pheonix City Council was slated to vote on the house's landmark designation tomorrow (a designation which would prevent demolition for the next three years); however, the vote will probably be delayed in light of the sale. As Phoenix City Councilman Sal DiCiccio shared with The Pheonix Business Journal, "The next steps are for me and the Mayor to sit down and get some direction from the purchaser in regards to a long-term vision for the property."
Which is no bad thing - in Pheonix, landmark designation only saves a building for three years. Assuming that the buyer is indeed preservation-minded, the house will be saved for generations to come: the best outcome we could have hoped for for this unusual Wright gem.
Story via The Pheonix Business Journal and The Seattle Times
