Takaya Developments is our successful real estate development company, majority owned by TWN, now in partnership with Aquilini Development Group.
We have been developing high-end condominiums and townhomes for almost 25 years. Takaya Developments provides the land; Aquilini Group provides the funding and builds the housing. Then we receive 60% of sales revenues, and leaseholders pay property and improvement taxes to TWN.
Here are some highlights of our Raven Woods community on the North Shore:
- Our newest project with the Aquilini Development Group is called Seymour Village 1 and 2, about 500 units that sold out quickly during presale, and is now under construction
- Destiny 2, our previous Raven Woods project, was completed in spring 2017 with 91 leasehold condominiums
- Signature Estates at Raven Woods has 48 luxury townhomes
- To date, we’ve developed 1,089 units in 11 buildings; when complete, Seymour Village will bring the total to more than 1,550 units
(Early on, Raven Woods received a Silver Georgie Award, in recognition of excellence in home building for best low-rise development, best display suite, and best landscape design, in 2002.)