$39M, 151-unit apartment development ‘The Pike’ pitched in Newington
A rendering of “The Pike” apartments being proposed in Newington at the corner of Pane and Maselli roads.
A development firm has proposed building a $39 million, 151-unit apartment project in Newington, a town that has become a hot spot for new rental housing.
Smith & Henzy Affordable Group Inc., which is active in New York and Florida, has submitted plans to the town for the four-story, two-building development to be constructed at the corner of Pane and Maselli roads, which is currently a vacant 5-acre lot, according to the project plans.
The development — to be called “The Pike” — would include one-bedroom and two-bedroom apartments, and 10% of the units would be designated as workforce/affordable housing for people earning up to 80% of the area median income, plans show.
Timothy Henzy, principal and owner of Smith & Henzy Affordable Group Inc., said Friday morning that his firm already has special permit and site plan approvals. It still needs building permit approvals.
He said he was attracted to the project because of the strong apartment market in central Connecticut and the goal would be to begin construction this summer and have the project completed in 18 months.
According to the plans, the apartments will offer high-end finishes including 9-foot ceilings, open floor plans, large windows, in-unit laundry, open kitchens with high-end appliances and a breakfast bar.
Amenities will include large furnished lobbies/lounges, a community room, fitness center and outdoor recreation area. The site is located close to Sam’s Club and Stew Leonard’s.
Newington has attracted several apartment development proposals in recent months, including one on Deming Road, another on the Berlin Turnpike and a third near CTfastrak’s Cedar Street station.
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