News:
Connecticut
Posted: April 21, 2023
Worth Ave. Capital and MMP Realty receive approval for 5,900 s/f mixed-use building
Madison, CT The partnership of Worth Avenue Capital, LLC and MMP Realty, LLC received all of the necessary municipality approvals to construct a 5,900 s/f mixed-use building at 885 Boston Post Rd.
WAC and MMP retained the services of Wayne Garrick, Architects who has designed a two-story building that will contain a restaurant on the first floor and two residential apartments on the second floor.
The existing building (formerly Elizabeth’s Cafe) will be demolished and a Greek Revival style building will be constructed on the property that is located in a high-traffic area with parking in downtown.
The partnership is now beginning to solicit contractor bids and expects to begin demolishing the existing building and construction of the new building by sometime this summer.
Worth Avenue Capital specializes in arranging debt financing for both small businesses and real estate developers/investors and also handles bank workouts for those same clients.
Tags:
Connecticut
MORE FROM Connecticut
Galton of Houlihan Lawrence sells 15,800 s/f Wake Robin Inn for $3.5m
Lakeville, CT Houlihan Lawrence Commercial, a division of Houlihan Lawrence, a real estate firm serving Connecticut and New York City’s northern suburbs, has brokered the sale for $3.5 million of the Wake Robin Inn, a 15,800 s/f historic inn located on 11.52 acres at 106 Sharon Rd.
Quick Hits
