26 acres in Newington sell for $2.3M to developer planning 225 luxury apartments

A planned 225-unit luxury apartment development in Newington is regaining momentum after the withdrawal of a court challenge, which was followed by a $2.3 million land sale. In April 2022, Newington’s Zoning Commission approved a special permit allowing Pennsylvania-based multifamily builder A.R. Building Co. Inc. to build luxury apartments on a roughly 26-acre site along the Berlin Turnpike. Reno Properties Group, of Newington, announced Tuesday morning it was the sole broker of the sale. Reno said the buyer plans to build a Class A luxury apartment complex with a pool, fitness center and other amenities. The development will be in proximity to a Walmart, Lowe’s Home Improvement and other national retailers, according to the release.

https://www.hartfordbusiness.com/article/26-acres-in-newington-sell-for-23m-to-developer-planning-225-luxury-apartments

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