Hartford Business Journal

January 27, 2020

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www.HartfordBusiness.com • January 27, 2020 • Hartford Business Journal 3 Windsor's long-awaited Great Pond development debuts first apartments By Joe Cooper jcooper@hartfordbusiness.com W indsor's Day Hill Road has been a breeding ground for industrial develop- ments in recent decades, giving birth to thousands of blue-collar jobs just north of the Capital City. Last month, the largely com- mercial corridor welcomed its first multifamily housing development. The first piece of the long-awaited Great Pond Village mixed-use proj- ect has been completed, with the first of eight apartment buildings coming online at the 633-acre site fronting Day Hill Road. More than a dozen tenants have moved in to the first, 51-unit apart- ment building since mid-December, said Bill Finger, co-owner of Fairfield residential developer Eastpointe LLC, which is handling the residential build- out at The Preserve at Great Pond. Connecticut's largest commercial landlord, Winstanley Enterprises LLC, is Great Pond's horizontal developer, in charge of roads, street lights, sidewalks and utilities. According to Eastpointe, the first four-story, 51,000-square-foot residential complex is the largest apartment building to be erected within The Preserve. It will also have the largest variety of living spaces, including studio, one-, two- and three-bedroom apartments. Rents range from $1,410 for a studio to $2,725 for a three-bedroom apartment. The $28-million apartment development is accompanied by a 6,000-square-foot clubhouse, which features a fitness center equipped with Peloton bikes, golf simulator, cafe and resorts-style swimming pool. Those are accompanied by an outdoor bocce court, share bikes, walking trails and a firepit, among other amenities increasingly popu- lar with the Hartford region's urban and suburban apartment dwellers. "It's the cornerstone of the whole community," Finger said. When the entire residential por- tion of Great Pond is complete it will include 230 apartments on Newport and Arlington roads. Construction had been stalled in recent years largely because of issues with devel- opment financing and negotiations over water and sewer connections, town officials say. The remaining 180 apartment units planned for seven other three- story buildings are all in various stages of development, Finger said. A 24-unit apartment building is expected to come online sometime this week and the others will be fin- ished in several phases with a target completion by summer's end. Latest vision The completion of Great Pond's initial apartment building marks a significant milestone for a town that's been awaiting the development's debut since plans first aired a decade ago. Construction kicked off in Nov. 2018. Winstanley is a partner in redevel- oping Great Pond with ABB Group, owner of the former Combustion Engineering nuclear-boiler pro- duction/testing facilities that once occupied the site. Continued on page 4 >> Up Front TOWN PROFILE: WINDSOR The first apartment building at the long-awaited Great Pond development in Windsor debuted in recent weeks. The mixed-use Great Pond development has several amenities, including a swimming pool and a fitness center. PHOTOS | CONTRIBUTED SINGLE SOURCE DESIGN/BUILD EFFICIENT. QUALITY. COST-EFFECIVE. The company that builds and installs the critical systems in virtually every type of facility is the same company you can rely on to maintain them. For over 50 years, our clients have trusted us to provide sustainable, more efficient, greener facilities. Experts in: Design/Build, Pre-Construction Service LEED Capabilities 860.871.1111 Toll Free: 800.741.6367 nemsi.com MECHANICAL | ELECTRICAL | PLUMBING | SHEET METAL | BUILDING AUTOMATION | FACILITIES SERVICES License #'s: E1-0125666 S1-302974 P1-203519 F1-10498 SM1-192 MC-1134 NEMSI HBJ_QtrPg Ads_200117.indd 2 1/17/20 1:31 PM

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