Troutman Pepper represented WinnCompanies, an award-winning national developer and manager of affordable, mixed-income, and market rate apartment communities, in the development of a $63 million, 125-unit luxury apartment community in Princeton, N.J. The developer also will develop an adjacent, new 1.46-acre public neighborhood park with a playground, public seating areas, and a dog park.

Troutman Pepper’s Thomas Letizia and Susan Ferrara advised WinnCompanies in connection with the project, assisting in obtaining land use approvals and redevelopment designation and in negotiation of redevelopment and financial (PILOT) agreements with the municipality. The firm has extensive experience in land use and zoning, offering an integrated perspective on land use, redevelopment, municipal law, public finance, environmental law, and lobbying.

Founded in Boston in 1971, WinnCompanies is one of the nation’s largest multifamily housing managers with 105,600 residential and military apartment homes under management. It is a leading manager of affordable housing and privatized U.S. military housing in the United States.