Construction begins on Shelton rental community

New Jersey-based Continental Properties, a 55-year-old residential building and development company operating in the tristate region, broke ground recently on The Mark I Fairfield County in Shelton, a 228-unit rental community at 740 Bridgeport Ave. that will consist of six four-story buildings.

“The Mark I Fairfield County will continue our long-standing tradition of developing premier rental communities with thoughtfully crafted amenities throughout the tri-state,” said Steven Fisch, managing partner at Continental Properties, which acquired the development site in the second quarter of 2014.

The Mark I Fairfield County will feature 96 one-bedroom homes and 132 two-bedroom homes. It also will offer a clubhouse, cinema room, library, sports lounge, fitness center, electric vehicle charger, private dining room with chilled wine storage, modern sculpture, pool cabana, fire pit, two gazebos and a dog park.

“Shelton is a wonderful community that has a small-town feel while also being in close proximity to local and regional businesses and recreational attractions,” said Howard Rappaport, Continental Properties principal. “In fact, the town boasts more than 2.4 million square feet of high-quality office space with major employers and is an affordable alternative compared to lower Fairfield County. It also affords easy access to New York City, Stamford, New Haven and New England thanks to the nearby Merritt Parkway and Route 8.”

Construction is expected to be completed in 2016.