Construction is expected to begin during Fall 2018 at “Stone & South On The River,” a two-building condominium project on the Gananoque, ON waterfront. According to CaraCo Development Corporation’s CEO Gennaro DiSanto, “We are targeting first occupancies during Q4 2019.”
“We recently submitted a revised plan to the Town of Gananoque,” DiSanto added, targeting an ambitiously speedy approval and construction process. “The West Building remains as initially outlined, with all south suites featuring water view facings. It made sense to create a more intimate and exclusive building for residents so the east and north-facing suites were eliminated. However, the same amenities have been maintained throughout the two buildings.”
“Our Presentation/Discovery Centre re-opened over the Victoria Day weekend and we are very encouraged about the high traffic interest with visitors coming from the Greater Toronto Area, the National Capital Region and Kingston, just down the road,” said Milborne Group’s Regional Director Mariah Hamilton. “We are offering suites for sale only in the East building during the next few months to enable the presale requirement to be easily attained before this September.”
The Caraco Group of Companies was founded in Kingston, ON in 1959 by Ann and Cornell “Case” Blommestyn, as CJM Blommestyn Construction Ltd. Initially a building-renovating company, CaraCo grew and diversified, managing apartment buildings as well as constructing new homes.