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July 18, 2022 / 2022 Power 25 Real Estate

2022 Power 25 Real Estate: The Winstanleys

Adam Winstanley
Carter Winstanley

Winstanley Enterprises LLC continues to be one of Connecticut’s most impactful developers, responsible for some of the largest retail, apartment and commercial developments in the state.

Owned by David Winstanley and his sons, Adam and Carter, the Concord, Massachusetts-based company is building a 500,000-square-foot distribution center on North Maple Street in Enfield. The company also has local permission to build an 817,000-square-foot logistics facility on Bacon Road in Enfield. The Bacon Road project has been set back by locals who fear the facility’s environmental, traffic and quality-of-life impacts.

The past few months have brought new challenges for Winstanley and other logistics developers, as north-of-Hartford towns have begun adopting curbs to temper years of fast-paced logistics construction.

David Winstanley

Outside Enfield, Winstanleys’ Great Pond Village — a 653-acre joint development effort in Windsor with ABB Combustion Engineering — has seen tremendous interest.

Missouri-based NorthPoint Development has begun construction on a 750,000-square-foot warehouse at the site, while Winstanley has begun a $14 million program of roadbuilding, infrastructure and off-site traffic improvements within the property.

Winstanley also plans to begin construction on a community of 180 rental starter homes in another section of the Great Pond property beginning in spring 2023. The project will include a pool, clubhouse, pickleball courts and other amenities. Construction is anticipated to wrap up in fall 2024. Hartford’s Crosskey Architects has been hired to design plans.

New Haven-based biotech firm New England Cell Therapeutics recently paid $4.4 million for a roughly 40-acre plot in the Great Pond development. The company had previously approached Windsor seeking a tax abatement for a $36 million project to build a 50,000-square-foot facility.

Verizon also bought a 30-acre site at Great Pond last November, where it plans to build a data center.

In New Haven, Winstanley continues work on a 500,000-square-foot bioscience tower.

In Manchester, Winstanley continues renovations to a 280,000-square-foot retail plaza it purchased in 2015. Winstanley secured Dick’s Sporting Goods as a tenant last fall. Adam Winstanley expects to shortly announce additions of a new restaurant tenant and clothing shop, he said.

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