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Possible waterfront project in Fairport
Fairport, N.Y. - A development to bring more waterfront property to the village of Fairport is a possibility. Riedman Development Corporation is working with the village to acquire 2.85 acres of land off of Parker Street along the Erie Canal to build condominiums.
The land is the old Department of Public Works site. It's been empty for four years.
"It's something that we've had our eye on for a long time and we're very, very excited," said Executive Director of the Office of Community & Economic Development Kal Wysokowki. "There was a market study done on this type of housing and it showed there was a big demand for this type of housing and they would be snapped up instantly."
The renderings are preliminary but the $14-million plan is to build fiver story buildings with 48 condominiums. The units will range in size from 1300 to 1800 square feet, with the price tag just under $300,000 dollars, along with a condo fee.
Area residents are mixed on the plans.
"I think it's a great idea," said Mike O'Connor. "I think we need more waterfront property here."
"It's five stories and it doesn't go with the surrounding area," said Rick Taft who lives along the edge of the property where this project may be built. "We're not opposed to development we're just opposed to the size."
"We hope to close this deal in 2014 and I believe the developer, which is Riedman, hopes to get a shovel in the ground in the fall or early of 2015 depending on the approval process," said Wysokowki.
The developer is currently working on the Zoning Board's approval.