The Golden Residences at The Village – Completion – 2018
The strategy of the owner is to include The Golden Residences at The Village into his repertoire of senior citizens housing projects in Puerto Rico, joining its sister The Golden Residences at Floral Park and sharing its Golden Residences trademark of quality and excellence.
The project (originally named The Village) consisted of 72 units in a single structure of approximately 186,000 square feet with three floors of parking plus thirteen floors of condominium units above. Other common areas include a separate beautifully restored community house and pool facility. The project was originally conceived as an upscale luxury condominium and its construction is 75% completed. The site lies in 570 Ponce de León Avenue, right at the heart of Hato Rey of the Municipality of San Juan.
Our development team converted the original structure of 72 units into an elderly apartment building with 140 one bedroom units to be rented to low income families over 60 years of age. The units consist of one bedroom with a walking closet, one bathroom, living-dining area and kitchen in an area of approximately 560 square feet. Also, the units include energy savings and eco friendly appliances such as, refrigerator, range/oven and exhaust fan, among others.
The Golden Residences at The Village features modern and exquisite recreational and administrative facilities, such as an elegant lobby, medical examination offices, sky lounge at penthouse level, game room, gym, BBQ area with a trellis and open and covered terraces. The project also have a power generator that covers 100% of the building as well as potable and fire water cisterns.