Rhode Island senate president Joseph Montalbano, Michael Sullivan, director of the Rhode Island Department of Environmental Management; Joseph Almond, town administrator of Lincoln; senior executives of the A. F. Homes, LLC; and Coldwell Banker Residential Brokerage, joined community leaders and citizens for a reception at the Preserve at Handy Pond, an active adult community conversion development. Located at 315 Old River Rd., The Preserve at Handy Pond is a $16 million, 41-unit project.
The reception, hosted by the Coldwell Banker Residential Brokerage, and A. F. Homes, the development company responsible for the project, was held to celebrate the official completion of construction of the model unit.
"This project is a welcomed renovation and revitalization of a Lincoln landmark, and important to the Lincoln community in terms of adding to the city's tax-base and providing much needed housing for the area," said Fred Ferland, president of A. F. Homes.
Each unit provides three separate floor plans. The units range in size from 1,700-1,900 s/f and offer two bedrooms and 2.5 baths, with first floor laundry rooms.
The Preserve at Handy Pond is marketed and sold exclusively by Jeff Lipet, a sales associate with Coldwell Banker Residential Brokerage.