Ground was broken today on The Reserve — a 327-home residential community along a nearly four-mile stretch of undeveloped land on the Erie Canal in Brighton.
“This is the most significant residential development in the town of Brighton in I don’t know how many years,” said Supervisor Bill Moehle. “ ... I think it will truly be a magnet to this community.”
The $180 million privately funded project of Anthony J. Costello & Son Development is centrally located off South Clinton Avenue between Westfall and Brighton-Henrietta Townline roads.
“Nothing really happens without imagination and a dream,” said Anthony Costello, chairman, chief executive officer and founder of Anthony J. Costello & Son Development, adding that The Reserve will offer suburban benefits in an urban setting. “ ... I like to call it an oasis because it is.”
The Reserve is expected to take five to seven years to complete and create millions of dollars in additional tax revenue for the town of Brighton and the Brighton Central School District while creating an estimated 875 new jobs.
Anthony J. Costello & Son Development is investing $1.2 million to build a public boat dock just east of The Reserve, light the Canalway Trail with 110 lights and light poles located between The Reserve and East Henrietta Road, build a non-motorized boat put-in at the west end of The Reserve and install public sitting areas along the canal in front of the Reserve. It will also make improvements to a public parking area across from The Reserve’s entrance on South Clinton Avenue.
All the canal improvements, expected to start in the spring of 2013 will be funded by Anthony J. Costello & Son Development, except for a $224,000 grant Brighton received through the New York State Erie Canal Greenway Grant Program. Anthony J. Costello & Son Development will match the grant as part of the investment in the canal.
“This is an amazing day,” said Monroe County Executive Maggie Brooks. “To me, it’s the future of residential housing in Monroe County. This is a unique and bold project.”
Ground was broken today on The Reserve — a 327-home residential community along a nearly four-mile stretch of undeveloped land on the Erie Canal in Brighton.
“This is the most significant residential development in the town of Brighton in I don’t know how many years,” said Supervisor Bill Moehle. “ ... I think it will truly be a magnet to this community.”
The $180 million privately funded project of Anthony J. Costello & Son Development is centrally located off South Clinton Avenue between Westfall and Brighton-Henrietta Townline roads.
“Nothing really happens without imagination and a dream,” said Anthony Costello, chairman, chief executive officer and founder of Anthony J. Costello & Son Development, adding that The Reserve will offer suburban benefits in an urban setting. “ ... I like to call it an oasis because it is.”
The Reserve is expected to take five to seven years to complete and create millions of dollars in additional tax revenue for the town of Brighton and the Brighton Central School District while creating an estimated 875 new jobs.
Anthony J. Costello & Son Development is investing $1.2 million to build a public boat dock just east of The Reserve, light the Canalway Trail with 110 lights and light poles located between The Reserve and East Henrietta Road, build a non-motorized boat put-in at the west end of The Reserve and install public sitting areas along the canal in front of the Reserve. It will also make improvements to a public parking area across from The Reserve’s entrance on South Clinton Avenue.
All the canal improvements, expected to start in the spring of 2013 will be funded by Anthony J. Costello & Son Development, except for a $224,000 grant Brighton received through the New York State Erie Canal Greenway Grant Program. Anthony J. Costello & Son Development will match the grant as part of the investment in the canal.
“This is an amazing day,” said Monroe County Executive Maggie Brooks. “To me, it’s the future of residential housing in Monroe County. This is a unique and bold project.”
