Rate Furniture to renovate into retail
WEST HAVEN >> In a move that could change the face of the center of Allingtown, developers have purchased the landmark Carroll Cut Rate Furniture building and four adjacent properties on Route 1 for a reported $1.25 million.
They plan to renovate the high ceilinged, 44,458 square foot building just down the Boston Post Road from University of New Haven and convert it to 30 market rate apartments, Mayor Ed O said Tuesday.
The renovated building, at 222 Boston Post Road between Aftwood Place and Taft Avenue, would have 7,420 square feet of retail on the first floor, which might include a restaurant, according to plans on file in the zoning office in City Hall.
The plans show a possible drive up or drive through as part of the restaurant, which would be on property that used to be the Torrello Sons auto parts store. think it cleans up that whole area down there.
He said he hopes to see the $9.5 million development turn the area into a downtown, with stores and restaurants that cater to the growing UNH student body, as well as residents.
The total development site includes about 60,000 square feet of property.
O state Rep. Louis Esposito, D West Haven, and Commissioner of Economic Development Joseph Riccio met Tuesday with David Beckerman. Gary Letendre and Mark Sklarz of the developer, Forest Manor LLC, which filed the plans last week.
local developer taking the risk and making the investment that the start, said Riccio. He and his partners for a number of years have put deals together as the Acorn Group development company.
Esposito said he involved because while the developers are investing their own money in the project, they seeking assistance to relocate an old 36 inch concrete drain pipe that actually runs through the foundation of the building.
O said he and Esposito plan to lobby for the state Department of Transportation to replace the drain pipe as part of the reconstruction of the Route 1 Campbell Avenue Forest Road intersection, which soon will go to bid.
Esposito said he will meet with the DOT next http://www.texansofficialproshop.com/Nike-Arian-Foster-Jersey.html week to discuss it.
All but three of the apartments would be two bedroom, 1,200 square foot units. The remaining three would be one bedroom units, O said. www.texansofficialproshop.com/Nike-Brian-Cushing-Jersey.html They would be aimed at UNH professors and graduate students, along with employees of Yale and the Veterans Affairs medical center, O and Esposito said.
There would be parking for about 100 vehicles in back.
Carroll Cut Rate which for much of its life has had an iconic and eye catching red and white neon sign is directly across Route 1 from Cellini Place and the Allingtown Green. O said officials hope that the developer private investment will spur additional activity nearby.
Much of the property across the street along the Boston Post Road and Cellini Place is owned by West Haven businessman Joseph E. Celentano.
It unclear what would happen to Carroll Cut Rate neon sign, which O said has been in place since 1937. O said the developers do not want it to remain on the renovated building.
The Carroll Cut Rate store, in business since 1926, will remain open in the current location until October, said co owner Cary Benjamin.
Construction will begin soon afterward, he said.
Benjamin grandfather, Samuel Benjamin, started the company as Carroll Cut Rate Cosmetics, manufacturing perfume, skin creams, lipstick, tooth powder and other toiletries and employing 350 people in the company heyday. He converted it to a furniture store in 1952.
Benjamin, whose brother, Bruce, also works at the store, and father, Jerry now in his 80s still comes in to work from time to time, said he hasn yet decided whether to close or move the store when J.J. Watt Authentic Jersey the time comes to leave the building.
But either way there will be huge clearance sale sometime this summer, Benjamin said.
kind of like the end of an era. It bittersweet, Cary Benjamin said.
Benjamin Jadeveon Clowney Kids Jersey said the developers approached him and his family about wanting to buy the building and made an offer.
The broker for the deal was one time city Jadeveon Clowney Jersey director of economic development Fred Messore, who is an agent for Colonial Properties.
Because Carroll Cut Rate Furniture is an ongoing business, negotiating the deal, we were very sensitive J.J. Watt Jersey to their needs, Messore said.