East Greenwich Pendulum: Terrace on Main will offer unique housing opportunity in EG

By GABRIELLE FALLETTA | Feb 11, 2017

EAST GREENWICH-As East Greenwich continues to become a popular destination to shop, eat and live, one developer is creating what he thinks is a much-needed place to live; one bedroom condos for purchase on Main Street.

Leonard Iannuccilli, along with his brother David Iannuccilli and their partner Joe Palombo, is ready to break ground on the 21 condominium units that will be located at 1001 Main Street. The project developers hope the units will fill a gap in the types of homes offered in East Greenwich.

“There's a real void for some demographic groups in town,” said Leonard Iannuccilli, the project developer. “You have a lot of folks that are in their 20s and early 30s that are dying to get out of the family house, or they've been renting and they're ready to purchase. You also have an older population who might not be ready for assisted living and there are single adults in their 40s and 50s. They can all live here.”

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Courtesy of East Greenwich Pendulum