'Age-Targeted' Housing Complex Proposed in Portsmouth
Developers have applied for variances to construct a 38-unit "age-targeted" residential complex for seniors along the U.S. Route 1 Bypass in Portsmouth.
The Portsmouth Herald reports Stonegate NH Construction LLC has asked the city's Board of Adjustment for permission to build the senior housing on the site of a former medical office building on Route 1 Bypass North.
The proposal calls for the demolition of the office building, which would increase the amount of open space on the 2.8-acre site by 65 percent. Stonegate also intends to downsize parking spaces on the site, construct a sub-level parking garage and improve landscaping in the area.
Dubbed "The Residences at Middle Hill," Stonegate officials say an appraisal report projects a price range of $330,000 to $430,000 for the units.