A 15-unit condominium building at 300 Main Street will feature two commercial units and four affordable housing units priced at 80 percent of the median income for the area.
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Representatives from HUS Companies and its sales partner, Newport Living Group (a group of realtors within the Lila Delman luxury real estate brokerage firm), and the Town of Warren gathered at 300 Main Street to break ground on a 15-unit condominium complex, with units predicted to be ready for residency by the spring of 2022.
“We believe the Lookout on Main is a really great example of urban infill here in downtown Warren,” said EJ Lanni, Partner of HUS Companies. “Warren has so much to offer its residents with access to the waterfront, access to coves, we have the bike path here, we have a wonderful artist community, a vibrant downtown with great restaurants, a really nice food scene, and some nice retail stores. The walkability is nice to the waterfront as well for other activities like kayaking and biking.”
According to Lanni, 25 percent (four units) of the condominiums are to be listed as “affordable”. In the case of these condos, four units will be listed at $335,000, while the fair-market units start at $425,000 and up. The affordable units will have lesser options in terms of available finishes, such as carpeting in bedrooms instead of hardwood flooring.
Amenities within each unit include two bed and two baths, garage or covered parking areas with two spots per unit, open kitchen, living and dining room concepts, granite countertops, stainless appliances, in-unit laundry and central air. There are four floor plans residents will be able to choose from, and various finishing touches available within each.
“We’re very proud to be a part of this and we’re excited to have worked with the Town of Warren,” Lanni said. “We spent a lot of time with our design team to work on creating amenities within this development that would make people proud to live here.”