Projected Growth in Coneticut area

Norwich/Taftville CT GROWTH

Foxwoods has recently begun a $700 million expansion that will include a new casino, 825 new hotel rooms, a theatre, spa, several restaurants and clubs. Construction is anticipated to be completed in 2008 and is expected to create over 2,300 new permanent jobs. Mohegan Sun has announced a new $740 million expansion to include 1,000 hotel rooms, 115,000 SF of retail and new 64,000 SF casino. The project is anticipated to be complete in 2010 and add 1,500 jobs to the local economy. Other projects planned in the area include the $1.6 billion redevelopment of the Norwich State Hospital into a movie studio, theme parks, school of art and hotel space known as Utopia. Finbar ONeill Takes all these implications as being positive elements to start development of the Ponemah Mills .

New Development to start in Taftville CT

PROJECT OVERVIEW

Conveniently, located in Taftville, a suburb of Norwich, Connecticut, this 430,000 square foot historic Ponemah Mill will be converted into 302 luxury apartments and approximately15,000 square feet of commercial space. The 10+ acre site lies adjacent to the Shetucket River, to which many of the units will have spectacular views of the river and waterfall. The project will feature 1, 2 & 3 bedroom flats and duplexes in a loft style design ranging from 600 to 1700 SF, each with hardwood floors, granite countertops, stainless steel appliances, and a washer and dryer in each unit. The building will provide 489 parking spaces and feature, a fitness center, community room(s), storage and community based retail. Built in 1866 as the largest cotton mill in the United States, and most recently operated as a furniture manufacturer, the building will be restored in accordance with specifications set by the National Parks Service, utilizing the Federal and State historic tax credits.

The developer, Finbar O'Neill “The O’Neill Group” is a real estate development company with over 20 years of construction and development experience. This prestigious project has been approved by the City of Norwich. By December 2007, construction drawings and financing will be in place and the developer will begin construction with the first 100 units coming to market in 2 years, with each additional 100 units phase coming 6 months thereafter.

BLOGSPOT

Finbar O"neill and the O'Neill Group to start development of Ponemah Mills starting this month

Finbar O'Neill A New Jersey developer is going to be starting restoration of the tremendous Ponemah Mills building located in Taftville CT. The construction on the buildings should be starting within the next few weeks.
The building is a 1/2 Million sf cotton mill ...recently the home of Helicon furniture and will be converted into rental units. The area is growing immensely due to the volume of individuals working in the two major casinos around town.

More articles and pictures to come...

Ponemah Mills

Finbar O'Neill

Mr. O'Neill is currently looking for new investments to add to his portfolio. Although there real estate markets has gone down considerably, Finbar feels that this is a great opportunity to obtain some of the overpriced property that had been lingering.

At this time many of the owners are just looking to dump there properties and move into other markets...which allows a great opportunity for those inverters such as Mr. O'Neill.

Finbar has a positive outlook on the commercial markets and feels that the North East areas such as New York City, and Bergen County will sustain there vigor.

Finbar O'neill is looking to purchase, develop and join forces with other investors that have the same vision as himself to bring added value to distressed properties.

Finbar O

Neill
Finbar O'Neill
Developer

http://www.finbaroneill.com/

http://nuttierthanyou.blogspot.com/2007/10/finbar-oneillx.html

http://oneillfinbar.blogspot.com/

http://www.gwapasila.com/2007/10/mr-finbar-oneills-oneill-group.html

http://www.finbaroneill.com/foneill/pictures.html

http://beautiful-mess.com/blog/?p=1519

http://babybokchoi.blogsome.com/category/amusing/

www.onekeyllc.com

www.theoneillgroup.us

Finbar O'Neill

Finbar O'Neill

Finbar O'Neill is a real estate developer responsible for creating many amazing developments. He is the director of Operations atThe O'Neill Group, a company specializing in Real Estate Development, Land Acquisition and Property Management. He began his career in Ireland before starting a business in the United State and has over 25 years of real estate and construction experience. Some of his accomplishments include the Empire View Luxury Condominiums, Hampton Club Condominiums in New Jersey, Luxury Condominiums in New York City, and International Development in Ireland. With the Empire View development he was able to completely remodel a 12-story building into luxury condos that revitalized the community. The development turned an eyesore into luxury homes at affordable prices, and include granite counter tops, hardwood floors, stainless steel appliances, and even a doorman for the building. Finbar O'Neill oversees every aspect of buying, remodeling, and development of each property. The O'Neill Group uses quality products and does great work so that every development is as good as you can get. Go to www.empireview.com to learn more about the Empire View condominiums and get on their waiting list. It looks like a great development. And to learn more about Finbar O'Neill and his real estate developments and accomplishments go to www.finbaroneill.com for more information on Finbar O'Neill, finbar oneill, Finbar Oneill, Finbarr

Posted by Kara at 10/01/2007

Location: 70 South Munn Avenue East Orange, New Jersey www.empireview.com CM/GC: FINBAR ONEILL Onekey LLC Architect: Raymond O'Brein Architecture Square Feet/Stories: 150,000sf / 12 Stories Empire View Luxury Condominiums Onekey acted as the Construction Manager on this prestigious 150,000 square foot, 12 story flagship condominium project in a predominantly rental area. The gut rehab project took approximately 15 months to complete. The existing building consisted of 203 units, and upon completion was converted to 150 units. The converted structure consists of 142, one, two and three bedroom units and eight duplex 2 and 3 bedroom penthouses. The fit-out featured a grand lobby, fitness center, community room and individual storage units. Onekey also coordinated the repointing and stucco refacing of the facade, including the installation of more than 1,000 energy efficient windows. Additional activities included extensive site work, re-design and paving of parking area and the complete installation of new MEP systems. This project was finished to the highest standards with the installation of granite in the lobby and common hallways, custom maple kitchen cabinetry with granite countertops, tiled baths, pre-finished maple flooring throughout and stainless steel appliances. A state of the art security system was installed, allowing residents to view guests upon arrival at the concierge via their own television sets, as well as 16 closed circuit television screens and key fob access to the building. Location: 241 Hudson Street Hackensack, NJ Developer: The O’Neill Group Architect: Jose Carballo Architecture Square Feet/Stories: 15,000 / 1 Story Project Description – 241 Hudson Street This design-build renovation of a 15,000 square foot commercial building as converted to the prestigious home of The O'Neill Group and it's affiliates. The new space features a grand reception area with granite floors, maple paneled walls, custom energy efficient compact fluorescent lighting soffits, new window walls, architecturally detailed soffits and a state of the art closed circuit television and video conference system. There are 4 conference rooms with custom furniture, including an executive conference room with seating for 16. This conference room includes a custom lighting package and plasma television screen with a high tech audio/visual system. The space includes 16 executive offices with 12 foot glass panel walls and a cubicle area for individual employees. The office is fitted with fiber optic data cabling and a state of the art telecommunications and security system requiring key fob access. Additionally the space includes a full service kitchen featuring stainless steel appliances with seating and dining for employees. In conjunction with the city's beautification requirements there are new sidewalks, landscaping and architectural lighting. There is convenient parking for employees and visitors, additionaly there is executive indoor parking.