DEVELOPMENT AND SALES ACTIVITY IN FULL SWING AT THE ENCLAVE AT CANAL WALK

EnclaveSOMERSET, N.J. – Development and sales activity are in full swing on the newest offering of upscale condominium homes at the Enclave at Canal Walk, the exclusive neighborhood rising at the well-established Canal Walk active adult community in Somerset County’s Franklin Township.

Construction is well underway and reservations are now being accepted for the second condominium phase at the Enclave, according to Premier Development, which is developing Canal Walk bordering the historic Delaware and Raritan Canal. The homes are expected to be completed in April, 2010.

“While construction has slowed at many other active adult communities, the fact we’re moving forward with the second condominium phase at the Enclave demonstrates our commitment to Canal Walk and the strong consumer confidence in this development,” indicates Sales Manager George Adinolfi. “We’ve experienced a noticeable surge in sales activity during the summer and are delighted to be offering this new section of homes.

“Its clear buyers have been inspired by these elegantly-designed homes and our competitive new pricing from just $224,900. As a result, we already have a number of homes reserved in the latest housing phase.”

The Enclave at Canal Walk has made its mark on the active adult housing market thanks to its unique blend of maintenance-free condominium living, elegant one-level designs and a resort-like environment.

“The Enclave has appealed to active adults who want the peace of mind that comes with condominium living and the activity-rich lifestyle offered at a community where the comprehensive roster of recreational amenities is already complete and open,” says Mr. Adinolfi. “Here, they can simply turn the key and head out to visit nearby family and friends or escape to Florida in the colder months.

“When they return home to the Enclave, a spacious and well-appointed home and country-club inspired neighborhood awaits them. An abundance of activities — such as art class and water aerobics –and social clubs are available immediately. And they appreciate our location minutes from the fine restaurants and shops in downtown Princeton and New Brunswick and cultural and educational opportunities at Princeton University such as the Princeton University Lecture Series.”

Residences at the Enclave range in size from 1,500 square feet to more than 1,800 square feet. Six magnificent two-bedroom housing designs are offered featuring spacious and open floorplans, large living rooms, gourmet kitchens with Corian™ countertops and GE™ appliances and huge amounts of cabinet and pantry space, nine foot ceilings, hardwood entry foyer flooring, master bedroom suites have large walk-in closets and lavish master baths with ceramic tile floors, seated showers and oversized soaking tubs.

“Homes in the elevator buildings also offer outdoor space and balconies, as well as indoor parking,” Mr. Adinolfi points out.

The Enclave’s lively and active environment is centered around the 32,000-square-foot Premier Club at Canal Walk. The main clubhouse at Canal Walk offers an ideal social setting and is one of the largest and most comprehensive in the state. Featured inside are a heated indoor pool and whirlpool, a spa equipped with steam room and sauna and fully-equipped fitness room. There’s also a library, craft room, billiards room and separate men’s and women’s card rooms for gathering with neighbors and friends. In addition, a business center, banquet hall and lounges are also available inside the clubhouse.

Tennis and bocce courts and a putting green are also offered on-site, adjacent to the refreshing outdoor pool and spa. Additional services include a beauty salon and a massage and wellness center.

“And of course, the community’s location near the historic Delaware and Raritan Canal offers direct access to recreational amenities such as the community’s walking trails which have been carefully laid out to connect with sections of the old canal that have been preserved as public open space,” comments Mr. Adinolfi.

Activities such as fishing and canoeing can also be found on the Delaware and Raritan Canal. There are several other leisurely-pursuits available at Somerset County’s many golf courses, gardens, parks, museums and art exhibits.

For more information on the Enclave at Canal Walk, please call (732) 356-1191. To visit Canal Walk, take Route 287 to Exit 12. Make a left onto Weston Canal Road and proceed 2.4 miles until you reach Schoolhouse Road. Turn left onto Schoolhouse Road and continue 7/10 of a mile until you reach the entrance at Canal Walk Boulevard. Make a right into the entrance and follow signs to the Enclave sales office on your left.

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