Source: Greenwich Graphic. July 22, 1899. Page 1.
Never before has there been such activity in the development of real estate in Greenwich is now. Those who are skilled readers of the signs of the times say that a big boom in real estate is at hand. And, to judge from appearances, it would seem that they are pretty near the truth.
Two weeks ago we described Rockridge Farm, showing how these seventy-five acres have been opened up. And no other part of the town has the development of real estate been carried so far as there. But there are several other neighborhoods where a commitment is being made or is contemplated..
North of the Post Road near Chickahominy is the section known as "Belle Aire. This is a large tract of land, and very considerable improvements have been made to render it available for residences. This land is now on the market. It is full of beautiful sites, and when the impending boom strikes us with its full force, they may be expected to sell with quick succession.
South of this district in Chickahominy there is some extremely available land. Nothing has been done so far toward putting it in condition to sell, but we understand the steps will be taken soon in that direction.
It has often been remarked that the property owned by Mr. Smith Mead, on Greenwich Avenue it is, from its location, among the most valuable spots in the town. This is now to be opened up to the public.
The work of development is, we understand, to be superintended by Mr. George Mead, Mr. Nelson B. Mead and Mr. Sheldon E. Minor, the civil engineer. A road will probably be cut through to Railroad avenue and another look connect that with Greenwich avenue at Arch street. The lots ______ into lots of suitable size_____ and will be offered for _____ this work can be accomplished.
Several weeks ago the ______ the old Sniffen house, on ____ Road, were sold at auction. These lots had been on the market for some time, and, though extremely desireable, had not found purchasers. That they have been recently sold may be regarded as one bit of evidence of the increasing activity in real estate circles here.
During the past few years the property of Mr. W.J. Smith, at Indian Orchard, which is just south of the railroad track and north of Mr. Benedict's place, has been rapidly covered with residences. The lots there are within the reach of people of moderate means, and are still finding a ready market.
Another similar district is that known as meadow Brook Park, owned by H.B. Marshall. This has been cut up into lots for residences, many of which have been sold. A considerable number are now on the market.
It will be seen that the development of Greenwich for the next few years will be to a great extent the settlement of these districts. The offer opportunities for men of different means. The man with a modest competence can among them find a place within his power to buy. The man of wealth may find spots also to suit his requirements.
Greenwich real estate is not, however, being developed by districts only. Many men have selected land apart from other dwellings and have built there. These are among the most beautiful places in town. There are too many of them to permit of separate mention now. We have given here only a general outline of the possibilities of real estate development in Greenwich. We expect in the near future to describe at more length some of the localities and places which form a part of the modern growth of the town.
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