New development aimed at downsizing baby
Transcription
New development aimed at downsizing baby
ODDLOW PAGE goes here SUNDAY, march 9, 2008 • TIMES UNION • ALBANY, NY INSIDE > NEIGHBORHOODS Guilderland’s Pinehaven Estates lives up to its name./7 Park place New development aimed at downsizing baby boomers./4 TRAVEL & BOOKS SECTI ON inside BLACK COVER STORY A new nest With their kids gone, development offers boomers another housing option CYAN Y Whelan said the community will attract active baby boomers whose needs are changing. ‘‘They no longer need the large Colonials they have in suburbia,’’ she said. ‘‘Instead, they want to come back to something with more of an urban appeal; actually it will have what we call a soft urban feel to it.’’ Certainly, this development won’t be inner-city urban, but situated on the lip of Wolf Road, it will be within walking distance of just about anything, including the newly renovated and expanded Colonie Center and its soon-to-open Regal Cinemas. A 2006 research project conducted by the Research Institute for Housing America in Washington, D.C., noted a trend toward empty-nesters selling suburban homes in areas with good schools and purchasing real estate in urban areas to take advantage of urban amenities. It also found that future listings by older homeowners will be an important source in the supply of existing homes for On the cover: EVENLOW PAGE goes here ODDLOW PAGE goes here B Y d an h owley staff writer Changing needs ANNA KINTZ, design center coordinator at Barbera Homes, shows one of many cabinet options for use in the kitchens of town houses at Parkside at the Crossings in Colonie. YELLOW DEVELOPER FRANK BARBERA, left, design coordinator Anna Kintz and Patricia Whelan of Realty USA stand on a stair sample at Barbera Homes Design Center, where buyers will make interior design choices for their new town houses at Parkside at the Crossings. Above is the plot plan. ou’ve had a successful career, maybe not ready to retire but probably could. You own a big home in the suburbs. Your kids have moved away and have their own kids now. You’re left with more house than you need, and you no longer derive any amusement from cutting the grass and shoveling snow. There’s a 68-unit, high-end town house project going to be built in Colonie designed for people like you. Parkside at the Crossings will be on 17 acres at the intersection of Sand Creek and Aviation roads, immediately north of the roundabout that leads to Colonie Center. It will be flanked on its northern edge by The Crossings of Colonie, the town’s sprawling new park. Restricted to buyers who are at least 55, it is in keeping with a national trend in housing that caters to baby boomers. But make no mistake, it in no way should be mistaken for a senior housing complex. ‘‘They would cringe if you called them seniors,’’ said Patricia Whelan, associate broker with Realty USA and sales coordinator for the project. ‘‘They won’t be rocking on the porch. They’ll be rocking on their bicycles.’’ PHOTOS BY LUANNE M. FERRIS/TIMES UNION MAGENTA Patricia Whelan of Realty USA and developer Frank Barbera look over the plans for Parkside at the Crossings, a highend town house project designed for active baby boomers. Photo by Luanne M. Ferris/Times Union sale, and those older sellers looking to buy another home represent an important source of demand, especially for smaller homes with desirable features. The two-story attached town houses, ranging in size from 1,860 to 2,400 square feet, will be in two-, threeand four-unit buildings, according to developer Frank Barbera of Barbera Homes. He said prices will run from the high $300,000s to the high $400,000s. Barbera said he has a waiting list of potential buyers who have shown an interest and who have been following the project, but that selling won’t begin until late summer. He said the plan is to break ground for the infrastructure in the spring and begin construction of the first units by late summer. The first homeowners should be in there in about a year, he said, adding he expects it will be three to five years before all the units are built and sold. Unique look One of the most appealing aspects of the community, he said, is that each home will have a unique look and will be set at different elevations. ‘‘We have the ability to mix and match where the units go, and we are going to professionally coordinate the exteriors,’’ Barbera said. ‘‘It was very important to the town that the exteriors all be unique, individually attractive. ‘‘There will be a mixture of design elements, from siding to cedar shakes to cultured stone. The use of color will also be important because we don’t want to end up with a monotone neighborhood.’’ Whelan said the project will bear no resemblance to the droning sameness of cookie-cutter developments and certainly will look nothing like an apartment complex. ‘‘Even in the four-unit buildings, each home will be on a different level, so that when you drive down the street you’ll be able to tell which house is yours,’’ she said. One thing you won’t see is neighbors mowing their lawns, trimming hedges or handling snowblowers. As members of the Parkside Homeowners Association, residents will be afforded maintenance-free living for a yet-undetermined monthly fee. Besides grounds care and assuring the neighborhood’s architectural integrity, Barbera said another advantage of a homeowners association is its buying power. He said it can mean lower costs for things such as cable television, driveway work and roofing. New communities Barbera said that while the number of 55-plus agerestricted projects is growing nationwide, Parkside will Parkside living Here are some Parkside design and proximity advantages: X Open floor plans X High-end kitchens X First-floor master suites X Private outdoor courtyard space X Ecologically ‘‘green’’ building features X Walking distance to Crossings Town Park with biking, nature and walking paths; Rudy A. Ciccotti Family Recreation Center; Colonie Center; just five minutes to Albany International Airport and access to major highways and arterials. For more information, contact Barbera Homes at 690-0777. be among a small group of them in the Capital Region. There are existing communities in North Greenbush, Amsterdam and Milton, he said, and proposed projects in Bethlehem, Guilderland and Altamont. Both Barbera and Whelan said the buyer profile for Parkside makes it especially appealing from a selling standpoint, even in the face of a struggling real estate market. ‘‘They have the income and the means to make this buying decision,’’ Barbera said. ‘‘They have homes to sell and they can afford this. In a sense, this is not typical. This is a lifestyle change, and it’s within their means, and it’s unique in that there is nothing like it here right now.’’ ‘‘Their kids can come with their kids, who will have lots of room to stay and places to play,’’ she said. ‘‘And the boomers will want their kids to stay a few days. They won’t want them to be just in and out.’’ Whelan said it’s not just what it is, but where it is that makes it so attractive. ‘‘This is not suburban sprawl,’’ she said. ‘‘They won’t even have to get into their car. It’s an easy walk to everything.’’ ? Dan Howley can be reached at 454-5321 or by e-mail at dhowley@timesunion.com.