Groundbreaking ceremony of 101 MAINto take place 10/19/07 at 4pm
followed by reception at 135 Water Street at 5pm

 

Stonington Connecticut -- Cathartes Private Investments (CPI), in association with QC Ventures, announces the groundbreaking of the much anticipated 101 MAIN development. This is the site of the former Stonington Lumber Company. CPI has worked over the last three years to seek approvals to build 18 new luxury condominiums and to renovate and restore the three existing homes. The homes are two & three bedroom and range in price from $635,000 to $875,000. They feature exceptional design elements created by architects Greg Nucci, Point One in association with Mark Comeau AIA. Patrick Gallagher Design was the lead interior designer and Peter Cummin from Cummin Associates created the “Park Like” exterior landscape plan.

A sales office opened at 135 Water Street mid-summer and three reservations are in place. Burd Building Company from Old Lyme is the Construction Managers and they expect to deliver the new homes in Oct 2008. Prudential Connecticut Realty is marketing the project with listing agents Michael Blair, Saddia Rahaman and Mari Ann Blatch as lead agents.

Jim Goldenberg, partner, CPI will be on hand to conduct the groundbreaking event. As will Michael Blair & Bill Gash from QC Ventures, Bill Brown Stonington’s First Selectman in addition to Don Maranell, Borough Warden will officiate. Senator Andy Maynard and State Rep Diane Urban have been invited as well as Connecticut’s Business Advocate Rob Simmons. The Mystic Chamber of Commerce will also be in attendance.

The weekend events include historic walking tours of the village and boat rides around the point giving potential home owners a glimpse of the opportunities Stonington Village offers.