Massachusetts Real Estate Development Continues in Westford MA

Princeton Properties expects construction to commence immediately for 200 garden-style luxury apartment homes nestled into a forested preserve in Westford, MA.
 
 
NEW-Princeton Properties
NEW-Princeton Properties
LOWELL, Mass. - July 30, 2013 - PRLog -- Princeton Properties has completed the permitting process for one of the area’s newest luxury apartment communities.  Construction is expected to commence immediately for the innovative 200 garden-style apartment homes nestled into a forested preserve off of Littleton Road in Westford, MA.  Once built, residents will arrive home to a private sanctuary surrounded by a natural preserve emerging from the end of a tree lined lane at 16 Littleton Road.  This oasis will have the best of both worlds - exclusivity and convenience.

The community will include five four-story garden-style apartment buildings featuring 48 one-bedroom units and 152 two-bedroom units with an average size of 1,128 square feet.   Parking at the property will total 360 spaces including 38 detached garages.  A state of the art clubhouse outfitted with a fitness center, meeting space, swimming pool and Wi-Fi Café will also be part of the apartment community.  

Princeton Properties with joint venture partner, Guggenheim Real Estate recognized the exceptional attributes of the very desirable upscale community of Westford, MA.   “Princeton and our joint venture partner, Guggenheim Real Estate, are thrilled to have completed the due diligence, permitting and land closing process. Construction will start in earnest later this summer, with the first units being occupied in the summer of 2014. Working with the Town of Westford, especially the ZBA and the various Town Officials, was a terrific experience – and collectively they deserve a ton of credit in making this development a reality.  It is clearly a win/win for everyone involved; bringing much needed rental housing to Westford – an affluent town in the 495 corridor which is already booming on the retail, office, and industrial side of the real estate spectrum. We can’t wait to add to this growth by providing an exceptional housing option for Westford and the general area.” stated Dan Endyke, Senior Vice President of Princeton Properties.

About Princeton Properties

Princeton Properties Management Inc. of Lowell, Massachusetts was founded in 1973 by James Herscot.  Princeton Properties and Affiliates acquire, build, renovate, lease and manage apartment communities and corporate furnished apartments. Currently they own and manage more than 6000 apartment homes for rent in Massachusetts, New Hampshire, Maine and Georgia.  With its unique hands on management approach, Princeton Properties has made its mark as a proven industry leader and sound real estate investor. Princeton strong track record in real estate management has earned the company several awards and accolades.  Please see the company website for additional information including a list of properties under ownership and management: www.princetonproperties.com.
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