Erie Basin to get pricey new housing
...Townhouses originally scheduled to sell from $275,000 to $310,000 now will start at $450,000. Condo units, which were pegged at $250,000 to $540,000,
will now cost as much as $1 million.
...Ellicott's Paul Gregory detailed plans for 15 townhouses, down from earlier plans for 25, that are expected to be under construction before the end of the year.
...Ranging in size from 2,200 to 2,700 square feet, the two- and three-level townhouses will all have 2 1/2-car garages, private ground-level patios and access to a residents-only park, directly behind their buildings.
...The units will be built in mini-phases, with the first four expected to be ready for occupancy next summer. The others will hit the market over the following 12 months as demand dictates.
The developer will submit plans to the city later this month for a 13-story, 48-unit condominium tower, to be located at the corner of Lakefront Boulevard and Waterfront Circle. That high-rise, which will be similar in stature to Admiral's Walk, will have lower-floor units starting at $260,000, with
penthouse residences eclipsing $1 million.
The tower, which is expected to be under construction next summer, will be called The Pasquale, named for Paladino's uncle.
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