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Stone can be Beautiful
7/7/05

East Setauket, NY, June 7 - As most residents of Connecticut know, it is hard to put a shovel in the ground in their beloved state without hitting a rock of some sort; and stone is not something a developer or construction manager want to find in abundance when beginning a new condominium building. However, if properly planned, this natural resource can provide cost savings, and aesthetic beauty to a luxury housing project. This is exactly what Stone Ridge at Fairfield, LLC. and TRITEC Residential, Inc., a subsidiary of TRITEC Real Estate Company, set out to accomplish, when they began planning the work on Stone Ridge, a new 144,000 square foot apartment complex located in Fairfield, Connecticut. This site is now adorned with rustic stonewalls that gives a distinct New England flair to the entire project.

“The architecture, a modern interpretation of a Brownstone village will blend in beautifully with the projects\' surroundings. Stonewalls and gates, will offer an elegant and rich impression to the community”, states Mauro Fanelli III, of Rose Tiso & Co., LLC., the architect for the project.

The development has been carefully designed to offer true luxury and a convenient lifestyle; both by way of amenities offered, as well as the finishes within the single level homes. There will be a security gate and a full time Concierge/Manager on the property, as well as a fitness room, clubroom including a library and a card room with an outdoor terrace.

The complex will consist of 3 four-story buildings, consisting of 70 units, ranging from one to three bedrooms. In addition to the 106 outdoor surface parking spaces the property will offer 36 underground parking garage spaces. And for those residents in need of additional storage, there will be 45 separate storage rooms located in the cellars of the buildings. The first residents will be welcomed at the end of the summer of 2005.

Before work on this project started in the fall of 2004 the owners realized that completing this project by the summer of 2005 was an extremely aggressive schedule; especially considering the site\'s unusual physical constraints.; therefore, they realized that they would need to be serviced by a company like TRITEC.

Not only did TRITEC bring a team of experienced professionals, and rich technology infrastructure to help keep the project on track, it brought innovative solutions to difficult construction issues. In addition to the large amount of stone on the site TRITEC also identified the short window they faced if the wanted to have the building enclosed before the New England winter hampered progress. “A major key to the success of maintaining our aggressive construction schedule was TRITEC’s in-depth knowledge and execution of panelizing the wood frame structure,” said Robert S. Skolnick, partner of Stone Ridge Partners, LLC, the developer of the community. TRITEC proposed an exterior bearing wall panelization system which enclosed the three buildings before winter hit, allowing work to continue on the interiors, keeping the project on track for a summer delivery dates.

TRITEC Building Company embodies the unique combination of a high tech, full service real estate firm with old fashion values. Since 1986, TRITEC has established itself as an industry leader providing a comprehensive range of services including construction, finance, development and property management. Through its affiliates, TRITEC has developed, constructed, financed and managed millions of square feet of commercial, medical, hospitality and industrial space.


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