While the Blue Spruce Farm subdivision is being constructed and sold at a furious pace, the condominium project at the former Prides Corner Elementary School in Westbrook is seeing the same demand.
Marie Flaherty, the real estate broker for the project, said this week that the Winslow Green condominiums are 50 percent sold. The project, at 375 Pride St., and developed by Vincent Maietta, includes 46 condos in 23 duplex buildings.
“It’s an indication of pent-up demand,” she said Tuesday. “That demographic has been ready.”
While many of the buyers are retirement age, she said, there are also professionals and younger families mixed in.
According to the Flaherty Group website, Winslow Green is a community of “cottage-style” condominiums with three designs on one or two levels and with one- or two-car garages. Prices range from $249,000 to $293,000.
Like Risbara Bros. at Blue Spruce, Flaherty said nothing else on the market compares to the price point offered there.
Construction was still under way this week on many of the units, and Flaherty predicts the project will be completely done next year. However, she expects some owners to be moved into completed units in July.
Decisions to first close the school, and then sell the land, were both debated within the community, and are still routinely referenced during public discussions on school enrollment and expansion projects.
Half of the duplex condominiums at the former site of Prides Corner Elementary School are already sold or under contract. Developers expect to finish the entire project by this time next year.
Comments are no longer available on this story