Minneapolis developer eyes $225M upscale housing project in Farmington

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. 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 a development summary submitted to the town, the project would have a positive fiscal impact, improve wetlands and remove the gravel pit operation. They are in the process of compiling a zoning application and are seeking state permits.

https://www.hartfordbusiness.com/article/minneapolis-developer-eyes-225m-upscale-housing-project-in-farmington

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