Long Island Business News – Hauppauge-based Northwind Group broke ground Wednesday on its 148-residence senior living community on Sunrise Highway in Bayport. Called Bayport Meadows, the 23-acre development will offer two- and three-bedroom townhouses for people 55 and over.
Northwind, which had owned the property for several years, had sold it to Boston-based Dartmouth Cos. in January 2006 for $8.77 million so Lowe’s could build a store on the site. But that plan fizzled, so Northwind bought the land in 2013 for an undisclosed sum that brokers estimated at about $6 million.
Northwind principal Jim Tsunis said the 20-home first phase of Bayport Meadows is sold out, and the 40-home second phase is 50 percent sold. The homes start at $489,000. Tsunis said the first phase will be completed by early 2015.
Bayport Meadows will have a clubhouse fashioned after the historical Bayport Aerodrome, featuring a kitchen, great room, stone fireplace, billiard room, meeting room, fitness center, library and business center, along with an indoor/outdoor pool, bocce court and putting green.
Northwind is currently building two other 55 and over condo projects: the 50-residence Eastport Meadows and the 43-residence Village Vistas in Port Jefferson.
By: David Winzelberg