The second phase of construction has started in Somerset County, which will ultimately produce a new, age- and income-restricted community with 150 residences.
Walters announced phase two work is underway at Cornerstone at Branchburg on March 22. Consisting of two three-story buildings, the project initially broke ground in May 2021. The first building is slated for completion by December of this year, with the second projected for spring of 2023.
When completed, the company said, the 55+ neighborhood situated on 11.7 acres at 1000 Cornerstone Drive in Branchburg will attain LEED and ENERGY STAR certifications.
“We’re very proud to bring this high-quality, energy efficient community to Branchburg,” said Joseph Del Duca, partner and director of affordable housing for Walters. “Senior residents will benefit from having an affordable housing option with services and amenities in a safe and desirable setting.”
According to Walters, the community is designed to be sustainable, employing non-invasive landscaping and using recycled materials during construction. Further, ENERGY STAR appliances will assist with long-term reductions in utility costs, the company said.
Cornerstone at Branchburg will offer one- and two-bedroom floor plans that range in size from approximately 700 square feet to 900 square feet. Residences will feature a full-size washer and dryer, kitchens with granite countertops and blinds for all rooms.
Community spaces will provide room for socializing, exercise and access to computer workstations. A staffed social services coordinator will also be available upon request, Walters said. Priority for Cornerstone at Branchburg will be given to residents whose incomes are at or below 60% of the area median income. Additionally, rental rates are based on gross annual income, according to the rent/income requirements chart.