Tuesday, May 17, 2011

Bluestream Breaks Ground

Arnold Sagner has owned 85 acres next to the US Route 1 Flea Market for over twenty years. Over the ensuing years he considered a variety of development scenarios for this property including warehouses and offices. It wasn't until the Corridor Activity Center (CAC) zoning was adopted by HoCo in 2004 however, that he began getting really serious about moving dirt. This month, with his partner Murn Development, he finally broke ground on what is now being marketed as The Overlook at Bluestream.

According to the website of the project architect, Henneman + Associates, the first phase will consist of “254 unit luxury rental apartment community planned with a combination of four–4 story elevator buildings, three-3 story single breezeway walk-up “Manor Homes” and twenty eight-3 story two garage townhomes. Additionally, the project contains as 8000 square foot clubhouse/leasing center facility with a lavish outdoor pool, a 1,000 square foot maintenance building and six-5 stall detached garage buildings.”

Later phases will include additional residential units and about a half million square feet of office and retail space.
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