Stonington Village Gets $41.5M Financing for Housing
A Stonington mixed-use development will add 160 multifamily units after receiving $41.5 million in financing from Liberty Bank.
NMHC: Apartment Debt Financing and Deal Flow Improves
Apartment market conditions are more favorable in terms of debt financing and sales volume, but equity financing continues to be less available than prior quarters amid continued high interest rates, according to the National Multifamily Housing Council’s Quarterly...
Zoning Change, Tax Break Help Factory Conversions Advance
A New York developer’s hopes to convert pair of former factory building into scores of new homes for New Haven took a step closer to reality this week.
West Hartford OKs 322-Unit UConn Redevelopment
The development team aiming to redevelop the University of Connecticut’s former West Hartford campus got a green light to proceed with their project Monday.
The Stars Align for a New Multifamily Development Firm
When Lewis Brown proposed an affordable housing development in his hometown of West Hartford, local officials not only supported the project but gave his newly-founded Honeycomb Real Estate Partners firm $3 million to help finance it.
$30M Infill Project Rises at Gateway to Windsor Center
After a stint as chief operating officer of New York developer Tishman Speyer’s operations in Brazil, Gregory Vaca returned to his native Connecticut during the pandemic to put his commercial real estate experience to work pursuing his own projects.
137-Unit, Mixed-Use Rehab Planned for Bridgeport Ex-AT&T Block
A long-underutilized block in downtown Bridgeport is getting a new life with a housing-heavy, mixed-use redevelopment plan.
Downtown Development Sites Drive CT’s Housing Production
Connecticut just recorded its highest level of housing permits in a single year since 2015. Despite the rising costs of financing and construction, developers say the multifamily market fundamentals continue to make urban core projects feasible.
State Posts Highest Number of Housing Permits Since 2015
For the second year in a row, Connecticut towns and cities issued building permits for over 5,000 homes, according to new Census Bureau statistics analyzed by the state Department of Economic and Community Development.
Developer Seeks Outlets-to-Apartments Redevelopment
The owners of the Tanger Outlets mall in Westbrook want to make a big change to their hilltop property just off Interstate 95.
West Hartford OKs Wetlands Permits for Big Development
Redevelopment of a vacant former UConn campus in West Hartford that’s been at the center of a contentious debate in that town took an important step forward when officials granted it wetlands permits.
Bridgeport Luxury Apartments Break Ground
A big luxury apartment complex in Bridgeport’s Steelpointe Harbor redevelopment officially broke ground amid snow piles Tuesday, with elected officials praising the project as “transformative.”
RMS Prepares to Open Hartford Hotel-Apartment Conversion
Major Connecticut developer RMS Cos. is preparing to open its latest multifamily development, a hotel-to-apartment conversion in downtown Hartford.
Lamont Touts Train Investments’ TOD Potential
Gov. Ned Lamont took a well-publicized trip on the Hartford Line commuter rail service Thursday to urge towns and cities along transit routes to tout the transit-oriented developments the Hartford Line and others have spurred.
Report: New Haven Puts Train Station Rezoning on Pause
Just before Christmas, city officials in New Haven temporarily rejected proposals to let a residential or commercial tower rise next to the city’s main Metro-North and Amtrak train station.
CT Housing Permits Slightly Ahead of ’22
Connecticut towns and cities are slightly ahead of the tally of houses, condominiums and apartments they’d permitted during most of last year, according to new data.
RMS Seeks OK for Next Big Hartford Development
Developer Randy Salvatore is not yet done with his 1,000-unit Downtown North development in downtown Hartford – recently released from legal purgatory – and he’s already laying the groundwork for a new project.
New London Apartment Building Opens
The 170,000-square-foot, 203-unit, market-rate building is owned by RJ Development and was designed by New Haven architecture firm Svigals + Partners.
New Haven Affordable Development Wins Zoning OK
A 58-unit apartment development from national affordable housing firm Penrose got a key approval this week from the New Haven Board of Zoning Appeal.
Rocky Hill Approves 96-Unit Development
Rocky Hill officials gave final approval to a 96-unit apartment complex by a New York developer that manufactures its own building components at a Pennsylvania factory.
