Credit: Erich Martin/Levittownnow.com
Although it may have looked stalled, work to turn the old Stocks property along the Delaware River into housing and restaurant is well underway.
The project has faced a number of challenges since ground at the end of Bristol Borough’s central business district was broken a little over two years ago. Since then, the project being headed up by developer Joe Ventresca has gone through a number of personnel changes. There have been three architects on the project, three engineers and three different project managers throughout construction. All of which has slowed down work, Ventresca said.
Advertisements
While it may have seen that work stopped, the developer said work has just moved inside as competition on the first units, which were listed in the $500,000 range, moved ever closer.
Since the project’s groundbreaking in August 2015, the construction has gone through a number of changes, including project leadership changes and planning changes. The original plan called for five townhomes, five condos and a restaurant. As of late last week, the first housing units are being prepared for a November move-in date.
The idea for the riverfront development began when Ventresca was looking for property near the waterway. Coming out of the King George II Inn, his gaze fell upon the former Stocks building and he fell in love. He purchased the property from Judy Stocks for $505,000 and began working on plans to build several condominiums, townhomes and a ground-level eatery.
Advertisements
All of the housing units will be equipped with a two-car garage and a personal elevator making the four floors easier to access. A nice view and decks the units add to the luxurious feel of the long awaited townhomes and condos, explained Robyn Trunell, a realtor for Century 21 Veterans who is handling sales of the units for Ventresca.
As the project stands now, two are planned for a November delivery, with two more expected to come in December. There is no completion date for the remaining six units yet.
Advertisements
In recent weeks and months, there has been a lot of work going on at the property that is not necessarily visible from the wharf or Mill Street. Electrical wires, cable and more were being run to bring the units ever closer to completion, Trunell explained
The tenant of the restaurant space that will overlook the wharf and river has not yet been named, Trunell said.
The former Stocks building was torn down in 2014 to make way for the forthcoming development.
Advertisements
The redevelopment of the waterfront property is seen as key to the continued revitalization of Bristol Borough. The new mixed-use building will help frame the central business district for visitors at the
