A Minneapolis-based developer is proposing a housing development in Farmington with hundreds of units, including a mix of upscale apartments, owner-occupied townhomes and detached single-family dwellings.
Crown Equities LLC has filed an architectural master plan with the town for the development, called Enclave at the Farmington River.
The project, estimated to cost $225 million, would be located on two properties that span a combined 63.5 acres at 3 Bridgewater Road and 1179 Farmington Ave.
An informal review of the proposal is set for the Planning and Zoning Commission’s meeting at 7 p.m. on Monday. The developer is asking the town for input before submitting formal land-use applications.
Plans show three lots, each with a different type of housing: Lot A with upscale, owner-occupied townhomes; Lot B with 138 to 180 upscale rental units; and Lot C, which runs along the Farmington River, with 72 to 86 luxury-single family residences.
The developer plans to include an affordable component and will seek financing through Build for CT, a state program that incentivizes construction of housing for middle-income residents.
According to the project plans, 20% of the Lot B units would be restricted to middle-income renters.
Crown Equities has completed dozens of projects in states that include Minnesota, Florida, New Jersey, Ohio, Pennsylvania and Kansas.
It is currently developing two projects in Simsbury, a 72-unit apartment complex and 54-unit townhome rental development.
The L-shaped parcel at 3 Bridgewater Road contains 15 acres of commercial vacant land behind an assisted living facility, Riverbend at Farmington. The lot is owned by Waterside Ten LLC, which is controlled by Peter Fishman, president of Farmington-based property management firm PKT Development.
The 48.5-acre property at 1179 Farmington Ave. is sandwiched between 3 Bridgewater Road and the Farmington River. It contains a quarry and is owned by Plant 17 LLC, which is controlled by Stanley Mierzejewski, president of Plainville-based Mizzy Construction.
Enclave at the Farmington River would offer a direct connection to the Farmington Canal Heritage Trail. Other proposed amenities include boat docks and slips, riverview gazebos, fishing from the shoreline, resident kayak and canoe storage, and picnic areas with grills.
According to a development summary submitted to the town, the project would have a positive fiscal impact, improve wetlands and remove the gravel pit operation.
In addition to Crown Equities, the development team consists of Kemper Architects Inc., civil engineering firm SLR, law firm Scully Nicksa & Reeve, geological consultant Clarence Welti Associates Inc., and M & O Construction.
They are in the process of compiling a zoning application and are seeking state permits.
