The Modern on Field Point is a new condominium development in downtown Greenwich. Image courtesy of Silver Properties.

The Modern on Field Point, a new 12-unit luxury condominium development by Greenwich developer Greg Silver, has received planning permission from town officials.

Located at 125 Field Point Road, Silver’s Silver Properties said the development “represents unparalleled luxury and convenience in walkable downtown Greenwich” and represents the first contemporary luxury condominiums to be built in or near downtown Greenwich.

The two 3-story buildings include four penthouses of 2,550 square feet with two private balconies and a more than 1,300 square-foot terrace complete with built-in spa, stainless steel grill and gas fire pit. The additional eight three-bedroom flats averaging 2,400 square feet offer garden patios or private balconies. Common areas include a heated underground garage, Peloton gym and pet washing stations.

“We purposefully created exteriors and common living spaces in terracotta, so that the overall impression is an open, continuous indoor-outdoor living space, much like the high-end and modern homes in Soho and Tribeca,” architect Rich Granoff said in a statement.

The units are being marketed exclusively by the Tamar Lurie Group, affiliated with Coldwell Banker Residential Brokerage.