A New York-based multifamily housing developer is eyeing a new location in Rocky Hill after an earlier application for an apartment building was denied.
Vessel RE Holdings LLC submitted a site plan application to the Rocky Hill Planning and Zoning for a two-building development at 125 Henkel Way.
An earlier application for a five-story building at 2369 Main St., with 30 one-bedroom units, was denied in April, with commission members citing concerns with traffic flow, lack of sidewalks or greenspace, inadequate parking and electrical grid capabilities.
The new plans, submitted this week, call for a total of 96 units over two buildings, with 90 one-bedroom units and six two-bedroom units; 29 of the units, or 30%, would be deemed affordable.
The property, at the intersection of Henkel Way and Brook Street, is nearly 6 acres of mostly wooded land in an office park zone, in close proximity to Interstate 91.Â
The land is owned by Corpridge Land Co. LLC, an affiliate of Lowell Mass.,-based Farley White Management Co.
Vessel is under contract to purchase the land for an undisclosed amount if the site plan is approved, according to the application. The land has a total appraised value of $704,400, according to town land records.Â
Vessel RE Holdings is an affiliate of New York City-based Vessel Technologies, which also has an apartment project nearing completion in New London and is planning similar developments in Simsbury and Cheshire. A similar apartment application was denied in Glastonbury.
Vessel looks to build small, energy-efficient apartments that are accessible to middle-income professionals like first responders, teachers and other residents who don’t qualify for subsidized housing but for whom luxury or even market-rate rents are out of reach, Vessel CEO and Founder Neil Rubler said.
This would be the first two-building project proposed by Vessel in Connecticut.
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