Property Highlights
- Permit-ready site – entitlement in place
- County sales tax exempted on construction materials @ $1.75M
- The city is waiving all permit fees
- Construction is keyed up – ready to build
- The Atticus is designed to include 314 multi-family dwellings on 14.64 acres
- There’s a moratorium in this area for new multi-family, allowing for sufficient occupancy
- Across the street from the impending first-class transformational mixed-use entertainment development $200 Million Event Center project in Middletown, slated to break ground Q4 ’24
Prime Development Opportunity in Middletown
Unlock the potential of this permit-ready site in Middletown, complete with entitlements. Significant cost savings await with a county sales tax exemption on construction materials worth $1.75 million. The city has also offered a generous waiver of all permit fees to get any investor started. The construction phase is set to commence immediately, offering a seamless transition to building. The Atticus, an expansive 14.64-acre project, is designed to house 314 multi-family units. It benefits from the area’s moratorium on new multi-family developments, ensuring robust occupancy rates.
Positioned advantageously across from the future $200 million Event Center, which will begin construction in Q4 2024, this site promises tremendous growth and value. The upcoming mixed-use entertainment development will transform the area. This will enhance its appeal and desirability. This prime location in Middletown offers an exceptional investment opportunity and is ready for immediate development. A spot set to benefit from the significant future infrastructure and entertainment investments nearby.