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More than three years after it was proposed, the Kensington Road condominium project is set to begin in earnest this week, as construction commences on the residences, as they near completion of a 200-space parking garage that was a key component of the proposal.
According to Village Administrator James Palmer, foundation and concrete work for the construction of the parking garage is largely complete with most of the work now concentrated at the southern end of the site. The buildout of the garage is anticipated to be completed by the beginning of June and available for use early next year.
Palmer noted that the beginning of construction will include the delivery of steel and the use of a crane to place the equipment and materials into place. He said that construction of the condominiums should progress quickly and anticipates the superstructure will be completed next year. The village is hopeful that occupants may begin moving in by next summer.
It has been a lengthy process for village officials, who first initially discussed building on the location years ago. This marks the third time a developer has attempted to renovate the space. The previous developer, WCI, was heavily invested in a collapsing Florida real estate market that forced it to file for Chapter 11 bankruptcy before ground was even broken.
The Kensington Road project has been constantly in flux since the village purchased the property nearly three decades ago. The original plan called for a conversion of the space to a parking lot, but the Department of Environmental Conservation found the soil was heavily contaminated.
As part of the project, developers had to remove more than 20,000 square feet of contaminants from the soil over several months. The cleaning process is expected to have cost as much as $10 million, at no cost to taxpayers.
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