X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

FAIRFIELD, CT-Construction has begun on the Stone Ridge at Fairfield luxury condominium development, a $55-million venture being built here at 1201 Kings Highway. The project, being developed by Stoneridge Partners, is located a short distance from the massive $300-million Fairfield Metro Center development proposal.

Stone Ridge at Fairfield will feature 70 luxury single-floor homes with 19 distinct layouts. The development will offer one-, two- and three-bedroom units. The community, designed by Rose, Tiso & Co. LLC of Connecticut, is a “modern interpretation of a brownstone village” with a brick-stone-clad exterior and “classic detailing,” company officials say.

The project, the first for the Stoneridge Partners firm, is being built on a parcel of a little more than three acres. Prices of the units will range from $550,000 to $950,000. Completion of the project has been scheduled for spring of next year.

Amenities and services planned at Stone Ridge at Fairfield include site concierge/manager, porter/handyman, underground garage, private storage rooms, car wash area and community bike storage as well as the Ridge Club, a 3,000-sf facility that will offer residents a host of health-related and business services.

The development will also feature an urban-village setting complete with a central motor court, old-world lamp posts, paved walkways, trees and gardens. Stone Ridge at Fairfield will also have an electronically controlled main gate.

Stoneridge is headed by former New York City real estate executives Robert S. Skolnick and David Small and is looking to develop a diversified portfolio of commercial and residential properties in the area, company officials say. Skolnick is a former executive with Jack Parker Corp., who helped develop the Knickerbocker Condominium and the Biltmore in Manhattan. Small is a former broker with Williams Real Estate Co. in New York City who in the 1990s established Emory Roth Realty and Construction in New York City.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.