Cornerstone at Grassy Hollow at 200 Back Road in Manahawkin — Courtesy: Walters
By Joshua Burd
Walters has opened the doors to three of its five buildings planned for a new 60-unit income-restricted apartment community in Ocean County, its latest Jersey Shore-area project.
The developer on Monday detailed the progress at Cornerstone at Grassy Hollow, which sits at Route 72 in the Manahawkin section of Stafford Township. The community at 200 Back Road welcomed its first residents in December, while Walters expects to complete the remaining two buildings during the upcoming spring.
The complex is open to individuals and families that do not make more than 60 percent of the county’s median income.
“Walters is committed to creating high-quality housing options which enhance the area while helping to meet the demand for more affordable homes,” said Joe DelDuca, a partner and director of affordable housing for the Barnegat-based firm. He noted that the development is designed to attract a range of residents, including singles, young families and older adults.
Cornerstone at Grassy Hollow includes one-, two- and three-bedroom apartment homes featuring individual private entrances, according to a news release. The complex is designed to achieve certification with both the U.S. Green Building Council and the Energy Star program.
Meantime, common areas include a community clubhouse with computer workstations and a fitness center, tot lot and BBQ picnic area, the news release said. The development also offers resident activities and events through a staffed social services coordinator.
