“Ribbon Cutting Celebrates Model Home at The Residences at Vernon Hill” September 28, 2006 WORCESTER, Mass. – Massachusetts State Senator Edward M. Augustus, Jr., Worcester Mayor Timothy P. Murray, and Worcester City Manager Michael V. O’Brien, join Mohsin Amiji, chief executive officer of the Liberty Companies, senior executives of Coldwell Banker Residential Brokerage, and dozens of Worcester community leaders and citizens for a celebratory ribbon cutting at The Residences at Vernon Hill, a new community of townhomes situated atop scenic Vernon Hill in Worcester. Located at 30 Rice Lane, The Residences at Vernon Hill is a $10 million, 46-unit project gracing the property formerly part of the Saint Vincent’s Hospital complex. The ribbon cutting, hosted by the Coldwell Banker Residential Brokerage New Homes division, and the Liberty Companies, the development company responsible for The Residences at Vernon Hill project, is being held to celebrate the official completion of the model unit. “The Residences at Vernon Hill is another example of private industry working in conjunction with local government to revitalize a neighborhood, reuse land, and bring much needed housing to the area,” Mayor Murray said. “I am very pleased to celebrate this achievement with the Worcester community.” Construction of the first phase of the project began in April 2006 and will be complete by the end of next month. Phase II of the development will begin next week with completion scheduled in February. The first phase offers 7 units all with two bedrooms, 2.5 baths, and 1 car garage. Each unit ranges from 1,161 to 1,260 square feet of living space. Presently 3 of the units have been sold with the remaining being offered in the low $200,000s. “This creative conversion project is another sign of Worcester’s emergence as a center of opportunity for homebuyers looking for value and authenticity in an historic building, proximity to transportation, be I the MBTA commuter rail to Boston or the Massachusetts Turnpike just a few miles to the south, and our city’s high quality of life,” O’Brien said. “The Residences at Vernon Hill offer a number of desirable features at very reasonable prices and presents an excellent opportunity for a buyer to own a home with the convenience and affordability of condominium living,” said Cindy Dube, Marketing Director of Coldwell Banker Residential Brokerage New Homes division. The units offer such standard features as granite kitchen countertops, stainless steel appliances, hardwood floors, ceramic tile flooring in both master and guest bathrooms, and central air conditioning. Additionally the location of the homes are ideal for commuters as the project is located minutes from the Mass Pike / Route 146, Route 290, and the MBTA commuter rail. “With close proximity to Restaurant Row, downtown Worcester, local colleges including UMASS medical school, and the Shoppes at Blackstone Valley, we recognize that the homes in this community are poised to sell very quickly,” continued Dube. “We have greatly enjoyed working with Mayor Murray and the Worcester city officials,” said Mohsin Amiji. “They recognized that this project brings a new community that will assist the City of Worcester to grow in a viable and conscientious manner.” [...] << BACK TO NEWS PAGE