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Place North West | Countryside plots 500 Warrington homes

Neil Tague
A site bordered by the Centre Park business park, the mainline north-south railway and the River Mersey is to be advanced by the housebuilder.
The site, billed as Spectra Park, sits within Inner Warrington in the local core strategy, and is 38.7 acres in total. Countryside’s plans are recommended for approval at the meeting of Warrington’s development management committee next week.
Spectra Park is to be divided into two parcels by the £20m Centre Park link road, which is currently under construction.
The northern part of the site was previously occupied largely by Spectra Packaging, while the southern part of the site was previously used as a driving range. ....

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Lazowski buys 50% stake in downtown Spectra apartments portfolio

Parking magnate Alan Lazowski has acquired a 50% ownership stake in four large Class A apartment buildings in downtown Hartford.
Lazowski, head of LAZ Parking and LAZ Investments, partnered with longtime realty development partner Marty Kenny to purchase the stake from Jeffrey Ravetz of New York-based Girona Ventures.
The deal includes Spectra Plaza at 5 Constitution Plaza, Spectra Pearl Main at 101 and 111 Pearl St., and Spectra Park at 100 Trumbull St., which contain a combined 554 mostly market-rate apartment units.
Financial terms of the ownership shake-up were not disclosed, but Lazowski said that Joseph Klaynberg will maintain his 50% stake in the properties, three of which were 90% leased or higher as of November, according to data from the Capital Region Development Authority, which has financed apartment conversions at the properties over the past nine years. ....

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