A newly formed Long Island real estate development and
property management group is acquiring 80 undeveloped acres of land in
Smithtown to build its first-ever residential community for U.S. military veterans and their
families.
Veritas Villages of America said in a statement that it has
an option to purchase 37 acres at Old
Northport Road and Lawrence Avenue in Smithtown
for the first phase of a plan to build 560 affordable condominiums, apartments
and townhouses made from modular homes.
Simplex, a large modular home factory located in PA will be the supplier for the project.
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| Example of Simplex Townhouses |
Prices for the housing units range from $148,500 for a
600-square-foot studio to $343,500 for a 1,750-square-foot townhouse, according
to the company’s website.
Key to the profitability of Veritas Village
communities, according to the statement, will be the company’s ability to win
federal grants for providing veteran housing and to qualify for the HUD-VASH
housing voucher program.
Amenities will include a clubhouse modeled after the
officers’ clubs on military bases. The clubhouse will feature several
restaurants, a game room, convenience store, a health club with swimming pool,
meeting rooms and banquet facilities.
The company said it will mandate the hiring of veterans for
all on-premise jobs, from shuttle bus drivers, security personnel and
maintenance workers to restaurant and health club staffs.
Brian Mahon, a disabled former Marine and founder of Veritas
Villages, said the development will give veterans the resources to access
whatever assistance is available, and welcome them to an environment that they
will feel comfortable navigating.
1 comment:
Coach, living and building on long island how is $248 per square foot afforable. NYC is $500 a foot and up.
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