Norwalk, CT
Waypointe
Stanley M. Seligson Properties’ new mixed-use 19-acre development will feature 350 residential units. The project will include mid-rise condominiums and three-story townhouses. The six-block development will also include 535,000 square feet of retail space and 75,000 square feet of office space. Street-Works LLC was the development and planning consultant for the project. Contact: www.waypointe-norwalk.com.
Stamford, CT
Highgrove
70 Forest Street
Investcorp and Ceebraid-Signal are developing the 18-story, 91-unit luxury condominium. The 240,000-square-foot building was designed by Robert A.M. Stern. It will contain studios to three-bedroom apartments averaging 2,500 square feet in size. Amenities will include an indoor swimming pool, fitness center, valet parking garage and wine cellar. Meridian Capital Group has arranged $108 million in financing from Corus Bank for the ground-up construction of the project. The project is expected to be completed in summer 2009. Contact: www.highgrovestamford.com.
Stamford, CT
Metro Green
Jonathan Rose Companies LLC is developing the residential component of this mixed-use project, which will contain 238 units. The residences will be a mix of rentals and for-sale units and will include an affordable housing component. The LEED-certified green project is designed such that all residences are situated on a landscaped courtyard with a pedestrian link to Stamford’s Metro North station. The development also includes 350,000 square feet of office space being developed by W & M Properties.
Monroe, NY
Woodbury Junction
The Carteret Group is developing a community that will total 450 single-family homes. The project’s first phase will include 130 active adult homes — ranging from 1,500 to 2,100 square feet in size — priced from the high $300,000s. All-age residences will start in the low $500,000s and will range from 2,300 to 3,000 square feet. Both housing types will share the same two-story designs and exterior facades, but will be located in separate neighborhoods. Sales are scheduled to begin early this month. Contact: www.woodburyjunction.com.
New Rochelle, NY
Homes at Hillandale
Hillandale Drive and Weaver Street
Westchester developer Axel Group LLC recently completed the first phase of the three-home project. The five- and six-bedroom houses all exceed 4,000 square feet and are priced from $1.65 million. The first home is ready for immediate occupancy, and the other two are slated for completion by the end of the year. Amenities include three-car garages. Houlihan Lawrence Real Estate is the exclusive sales agent. Contact: www.homesathillandale.com.
Sales update
Harrison, NJ
River Park
Millennium Homes is partnering with Roseland Property Company to develop the 160-unit suburban condominium. The 1,100- to 1,800-square-foot homes are priced from $350,000 to $450,000. As of mid-June, the project’s first 80 units were sold out, and
the second 80 were 75 percent complete. Contact: www.riverparkatharrison.com.
East Fishkill, NY
Four Corners
WCI Communities had sold 100 homes in its 261-home development by the end of July, making the community more than 35 percent sold. Two- to five-bedroom homes range in size from 1,950 to 4,000 square feet, with prices starting in the low $500,000s. The single-family residences are set on almost 500 acres of land around a common park. The development has a 10,000-square-foot meeting house that includes a ballroom, fitness center, gym, billiards, tennis courts and an outdoor swimming pool. The community also has a retail center. Contact: www.wcicommunities.com.
