Hawk’s Ridge buys land for $7.4 million from Wells family members

Hawk’s Ridge of Shelton LLC has purchased three parcels for $7.4  million from entities connected to the Wells family for its large development behind Wells Hollow Farm.

The three parcels total almost 44.1 acres, and are bordered by Long Hill Cross Road, the Route 8 highway and Beard Sawmill Road, and come close to Bridgeport Avenue.

Hawk’s Ridge (or Hawks Ridge) plans to build 60 townhouse-style condominium units and 50 single-family homes, and also has received initial permission for a 196-unit assisted living facility on the property.

It has received final zoning approval for the residential part of the project, but there now is some uncertainty about whether the assisted living facility will be built. Final zoning approval has not been sought for the assisted living facility, with a Hawk’s Ridge attorney saying an outside entity has not been secured yet to pursue that part of the overall project.

In 2014, the Planning and Zoning Commission voted to create a Planned Development District on the 44.1 acres. Most of the land previously had been zoned for light industrial use.

The three recent transactions, all finalized on Jan. 19, were:

17 Bridgeport Ave.

— $6.4 million for 40.74 acres at 17 Bridgeport Ave.. Sold by the Robert L. Wells Revocable Trust to Hawk’s Ridge.

Listed sellers are Lovisa Wells Hill, Nathaniel Shelton Wells, Royal B. Wells, Thomas Henry Wells, Patricia Wells as trustee for the Lyman L. Wells Trust Agreement; and Deborah M. Wells, Rebecca Wells Hegedus and Rodney L. Wells as trustees for the Robert L. Wells Revocable Trust.

71 Long Hill Cross Road

— $800,000 for 3.04 acres at 71 Long Hill Cross Road. Sold by Welkin Inc. to Hawk’s Ridge. Welkin has a legal address of 19 Peachtree Lane.

26 Beard Sawmill Road

— $200,000 for 0.96 acres at 26 Beard Sawmill Road. Sold by Nathaniel Shelton Wells.

Click below to read more about the development project: