Condyne Plans Adaptive Reuse of Former Konica Minolta Building
Condyne Capital announced plans for a transformative redevelopment project at the former Konica Minolta building located at 500 Day Hill Rd. in Windsor, CT. The proposed mixed-use development has approvals in place and will be an adaptive reuse of a 99,480-square-foot office building.
500 Day Hill Rd. will feature 300 Class A apartments alongside 19,983 square feet of ancillary retail and commercial space, with the intent of creating a live-work-shop destination designed to meet the growing demand for housing within the greater Hartford area. The housing will include a combination of studio, one- and two-bedroom units.
Designed by Maugel Destefano Architects, 500 Day Hill features a partial fourth-floor roof deck, perimeter walking trail, scenic pond, private balcony, garage parking, onsite storage and bike storage. It will also include a pool, fitness center, pickleball, multi-purpose court, dog park and several outdoor grilling areas with lounge seating.
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Ariel Property Advisors closed the $21-million sale of a development site at 566 Grand Ave. and 836 Dean St. in Prospect Heights, Brooklyn. The corner development site comprises approximately 86,065 buildable square feet and traded for approximately $244 per buildable square foot. The transaction was arranged by Ariel partner Sean R. Kelly along with associate...
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Fourth Sale Closes in Anaheim Multifamily Portfolio
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JLL Arranges $135M Financing for Luxury Multifamily in Yonkers
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout