GOFFSTOWN, NH – Dakota Partners has secured all financing and approvals to close on Phase 1 of Woodland Village, a new apartment community that will contain a mix of income restricted units and market rate units. Construction is scheduled to begin this summer.
Featuring 74 one- and two-bedroom units that will be a mix of townhouse and traditional apartments within 13 buildings, Woodland Village is located on a vacant 37-acre site in Goffstown, New Hampshire. The entire development will be built over two phases. The first phase will include the construction of 42 units featuring five one-bedroom units and 37 two-bedroom units within seven buildings, as well as a clubhouse and playground. Phase 2 will complete the community with 32 additional units.
“The Woodland Village subdivision plan was initially approved by the town over a decade ago, but the development stalled,” said Jim Menihane, Director of Multi-Family Business Development at New Hampshire Housing. “We were really pleased when Dakota stepped in to undertake this project in Goffstown. These 74 new units will provide much-needed homes for our state’s workforce, especially given the very low inventory of apartments in New Hampshire’s rental housing market.”
The first phase of Woodland Village will be constructed using Passive House design, which is a set of energy efficient building principles that utilizes super insulation, airtight building envelope and heat-recovery ventilation systems to reduce overall energy consumption. An early adopter of Passive House design and construction, Dakota is a leader in our industry with close to a dozen projects currently under construction or in development using Passive House principles.
As a real estate developer and builder, Dakota Partners develops affordable, workforce and market-rate housing communities across New England, New York and the mid-Atlantic states. At the core of every project is Dakota’s mission to create housing that matters – to residents, the community and the environment.