The Mill at Hop Brook Gets a New Lease on Life
An innovative mixed use project in Simsbury by Landworks Development is exceptional in every way
On June 20th, sixty builders, suppliers and realtors attended a fascinating Sales & Marketing Council meeting hosted by Chris Nelson and Ron Janeczko at their outstanding new mixed use development, The Mill at Hop Brook in Simsbury.
One of the many interesting and market savvy aspects of this mixed use project is the apartment complex known as Mill Commons. As SMC chairman, Joanne Carroll, related in her opening remarks, so few single family builders venture into rental, yet the rental share of the housing market is projected to hit 41 percent by 2020, with an average increase of over 1 million rental units per year in
the U.S.
Carroll went on to say that three reputable studies — by NAR, Robert Charles Lesser & Co. (RCLCo), and Arthur Nelson — all found a nearly identical imbalance in US housing supply and demand.