News: Owners Developers & Managers

Condyne Capital Partners and MGRE to deliver 201 office-to-mixed-use conversion apartments

Windsor, CT Condyne Capital Partners and MGRE have planned for the redevelopment of the former office property at 1 and 10 Targeting Center, into a mixed-use destination that will deliver 201 luxury apartment residences, new retail space, and a modern pedestrian-oriented environment.

The project will replace two obsolete office buildings with the ground-up construction of three multifamily residential buildings, a structured parking garage, and ancillary retail buildings totaling 6,555 s/f of street-level commercial space with three incoming tenants.

The redevelopment represents a major investment in Windsor’s future and reflects the continued transformation of underutilized suburban office properties into dynamic multifunctional communities that support economic growth, housing demand, and local businesses.

Designed by Maugel DeStefano Architects, Targeting Center will feature 201 carefully designed apartment homes with a mix of studio, one-bedroom, and two-bedroom layouts. Residences will include high-end finishes and modern conveniences such as quartz countertops, stainless steel appliances, kitchen islands with pendant lighting, in-unit washer and dryers, tiled shower surrounds, walk-in closets, linen storage, electronic key-fob access, and smart-home readiness.

The community will also incorporate upgraded landscaping, enhanced public spaces, and pedestrian-friendly improvements intended to create an active, walkable environment.

Strategically positioned near major transportation corridors and regional employment centers, the project is expected to strengthen Windsor by introducing much-needed housing inventory and activating a previously underperforming office site with new residential and commercial energy.

The project has received all necessary approvals, with construction slated to begin in fall 2026.

MORE FROM Owners Developers & Managers

The Westin Portland Harborview to host exclusive VIP pop-up with The Woods Maine July 24–26

Portland, ME The Westin Portland Harborview will introduce an exclusive, limited-time pop-up shop with The Woods Maine, taking place July 24–26 in the city’s Arts District. This elevated retail experience brings The Woods Maine, the acclaimed Maine lifestyle brand behind the popular retail shop in Norway, Maine, directly to hotel guests and the local community.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains