Financing Secured for Park Place

United Bank has issued a commitment letter to finance the development and construction of Park Place. Park Place, a 12-unit, three bedroom, two car garage residential development designed exclusive for clientele that are 55 years of age or older, slated to be built on a private 4.5 acre parcel located on Park Street, which is very close to the intersection of Route 9 and Route 135. Now that financing for Park Place Condominium has been secured marketing is about to commence. While in the process of obtaining the necessary building permits for the demolition of the existing onsite structures, as well as, the construction of the first of four three-unit building, reservations are currently being accepted. Westwood Associates has in fact received its first reservation and feels confident that this unique development located so close to so many amenities will pre sell very quickly especially when the marketing and sales staff begin to implement their marketing plan.