Most expensive project in Stonington history almost complete

Most expensive project in Stonington history almost complete

The $85 million Perkins Farm project, the most expensive development in Stonington’s history, is almost complete and developer David Lattizori acknowledges that there were many times when he didn’t think it would come to fruition. The project is composed of Harbor Heights, a 121-unit luxury apartment complex with amenities including an outdoor pool with LED lights that change color at night, a high-end fitness club with Peloton and other interactive equipment, and a yoga studio. Lattizori said 95% of the apartments have been leased. He said the tenants are a mix of empty nesters wanting to downsize and young professionals, all of whom are looking to enjoy Mystic. He said there are no school-aged children living in the project. Lattizori said he lost some apartments leases at the start of the COVID-19 pandemic but was able to fill the complex because the amenities cannot be found in any other project in the area. He said 60% of the townhouses have been sold and he expects they will sell out by the end of the year.

https://www.theday.com/business/20200820/most-expensive-project-in-stonington-history-almost-complete

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