Bullish on CT, Georgia developer eyes vacant Berlin Turnpike site for $16M townhome complex

Bullish on CT, Georgia developer eyes vacant Berlin Turnpike site for $16M townhome complex

Foley, owner and president of HF3 Group LLC, is now looking to break into Greater Hartford with a $16-million mixed-use townhome development in Wethersfield that would add roughly 50 units and 5,000 square feet of commercial space to a Berlin Turnpike corridor he says is ripe for affordable and market-rate housing. Preliminary blueprints could change depending on architecture and town input, said Foley, who is planning to invest approximately $16 million to acquire the land, prep the site and construct the living units. The COVID-19 pandemic could also impact plans and an undetermined construction timeline.

https://www.hartfordbusiness.com/article/bullish-on-ct-georgia-developer-eyes-vacant-berlin-turnpike-site-for-16m-townhome-complex

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