The first homes in Curtis Park Village are now in sight, after developer Petrovich Development Co. sold 88 lots to BlackPine Communities late last week.
Paul Petrovich said BlackPine’s reputation as an original, high-quality builder will set the tone for future development in the infill project, which broke ground with infrastructure last year.
“It’s excitement on my part because of what will happen and who he is,” Petrovich said of BlackPine’s president and chief financial officer, Mike Paris. “No one, if he wants to compete in home sales, dares go lower than what BlackPine will build.”
A sales office for the future homes should be established by April, Petrovich said, with home construction beginning then or even earlier.
The breakdown of lots includes about 12 cottage-style homes on the future 24th Street, 45 East Coast-style brownstone buildings of about 2,800 square feet each, and 29 single-family homes where no four homes will have the same architectural style, Petrovich said.
By year’s end, BlackPine plans to build and sell 29 of the homes, he said. Demand shouldn’t be a problem, with 100 names already on a waiting list to buy in Curtis Park Village, a $400 million project.
Petrovich said after a long, contentious development process, coming on the heels of a lengthy cleanup for what was a railroad yard, he’s gratified to see his project finally coming to fruition.
“We’re being rewarded appropriately for the risk and effort we’ve put into it,” he said.
Plans are also underway for the first retail and affordable housing projects within Curtis Park Village, he added.