“Taylor, a leading regional general contractor, has been awarded the contract for construction of The Legends at North Ponds. Taylor is teaming with a local develoepr, Peter Landers, 822HR LLC, and Lauer-Manguso & Associates Architects for design and construction of the 114 senior-lifestyle apartments at 842 Holt Road. M&T Bank is providing 822HR LLC the construction financing for the development. Construction work is currently underway, with a project occupancy date slated for June of 2013.
Peter Landers, 822HR LLC, the developer, indicated that North Ponds Village Apartments will address the growing need for high quality and moderately priced independent senior communities with all the latest amenities.
“This development provides Webster and the Rochester community with quality lifestyle apartments in a prime location,” said Taylor president, Karl Schuler. “We are proud to maintain our relationship with Peter Landers, the developer of North Ponds Village and the owner of many upscale town home and apartment communities in the greater Rochester area. We are excited to once again collaborate on another exciting project beneficial to our region.”
With an ever-expanding need for lower-maintenance living options in our region, this premier development will feature the construction of one 67,000 sq.ft, 3-story building targeting independent seniors 70+; the construction of two 27,000 sq.ft., 3-story buildings will target more active adults between the ages of 55-70; all with the option of conveniently located detached garages.
Situated within walking distance from the Town Center Plaza and Wegmans, the apartments will enjoy spectacular views of North Ponds Park with access to its scenic walking trails.” M. Scott Allen of GAR Associates, Inc. completed an appraisal and market study on this project in 2012.
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