A topping-out ceremony for a new $22 million mixed-use development in Riverhead marked a construction milestone at the project.
Huntington-based G2D Development Group is building the five-story complex called Station One at 205 Osborn Ave. The development will bring 37 rental apartments over 1,000 square feet of retail space to a half-acre property formerly occupied by a 10,000-square-foot medical office building.
The apartments at Station One will be designed with high-end finishes, including professional-grade appliances, wide-plank floors, stone countertops, and designer light fixtures. Amenities will include a 688-square-foot rooftop lounge and a fitness center. Fully furnished residences and units with private balconies will be available upon request.
In its ground level retail space, Station One will feature the newest outpost of the WorkSmart franchise, flexible office space tailored to entrepreneurs, independent creative professionals, and startup companies seeking a central hub. WorkSmart provides a range of resources and amenities, including Wi-Fi, video conferencing capabilities, private offices, printing and scanning services, break areas, and mail reception.
The Station One project comes on the heels of another downtown Riverhead development from G2D called The Shipyard. That $15 million project completed last summer brought 36 apartments and 880 square feet of commercial space to 331 East Main St.
“The positive housing redevelopment in Riverhead stands as a beacon of transformation, revitalizing neighborhoods and enriching the lives of its residents,” said G2D principal Greg DeRosa. “Through thoughtful planning, innovation, and a commitment to community, Riverhead embraces a future where sustainable housing is accessible to all. This transformative process not only rejuvenates physical spaces but also fosters a vibrant and inclusive community where residents can live, work and thrive.”
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