Monday, February 14, 2011

Riverfront Condos Tour Feb 13th

Project Developer, John Haffelfinger
The "Muddy Boots" Tour of the Riverfront Condos
Don Ayers, Economic Director, City of Millville
I went for a tour of the Riverfront Condos. This was a VIP tour for prospective buyers. I came to report on the progress of this project which was proposed 4 years ago. We all met at the construction site where we got a walking tour and heard John Haffelfinger, Developer/Builder who answered several construction questions. He gave a review of the progress thus far. The bulk head is complete along with 85% of the infrastructure. The walls of the garage for the first building are up, next concrete will be poured for the first floor. The first building is one of 5 that will be built. The first building should be completed in 9 months.  One of the most interesting answers was about how his company used special gypsum to make sure that there would be no sound heard from other residents.
Michelle Wheaton of Wheaton Real Estate at Winfield's
Commissioner Jim Quinn and Don Ayers
Near Columbia Ave in Millville NJ
After walking around the site in the wind, we then went to the upstairs area at Winfield's Restaurant  and heard from Don Ayers, Economic Director, City of Millville who gave a summation of the master plan for Millville and exhibited development plans within the City and along the Waterfront. Sample maps of the Millville Master Plan were handed out to all the guests.Jim Quinn. Bob Metaxas, Bank of America, the Preferred Lender, provided pre-qualification, loan info and banking incentives. What I found most fascinating was when Mr. Metaxas stated that Millville is pretty strong in the real estate market. Secure is the word I heard about the housing Market in Millville since he stated that getting financing for Condos is still pretty tough. So I say Millville take a bow. People with good credit can put a 3% down payment (10 grand) to buy one of these and will get an assist on the closing costs. They are taking $2,500.00 deposits to reserve your condo unit & parking spot and the first 15 buyers to sign contract receives one year free association fees.. Michelle Wheaton of Wheaton Real Estate informed me they plan to have these tours every 6 weeks. I think this was planned out very well and that is very important since this project like the Levoy Theatre rebuilding are the linchpins to the future of the Millvile Arts District and the redevelopment of Millville.
Below are highlights of the event. Pay attention to the last 20 seconds. Its very postive!

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