20-34 Fair St. Image courtesy of Niles Bolton Architects

Two prominent multifamily developers in New Haven are teaming up to build another big apartment complex just outside of the city’s downtown.

According to a warranty deed filed with the New Haven city clerk’s office, an LLC controlled by Norwalk developer Spinnaker Real Estate Partners – which has an active high-profile construction project in New Haven already – bought 20-34 Fair St. in the city’s Wooster Square neighborhood.

New York City-based developer Epimoni permitted a 185-unit apartment complex for the site in 2021, a project that the sale will set up for construction.

Epimoni owner Darren Seid told the New Haven Independent Monday that his firm and Spinnaker had inked a partnership agreement to construct the permitted project. However, it’s unclear if the development has secured construction financing yet. A search of the New Haven city clerk’s records Tuesday morning turned up no new mortgages on the 20-34 Fair St. site

According to Seid, who developed the larger Olive & Wooster complex near the Fair Street site, that large luxury complex has been around 96 percent occupied for some time thanks to the growth of the city’s biotech sector and the strength of employment at Yale University and Yale new Haven Medical Center, the same population targeted by Spinnaker’s development on the former New Haven Colisseum site, dubbed “Square 10.”