Helping Transform Meriden, CT's Central Business District
The city of Meriden recently hosted a demolition ceremony at the former Record-Journal Building, which housed the local Record-Journal daily newspaper for over a century. HUD Hartford Field Office Director Suzanne Piacentini joined Meriden Mayor Kevin Scarpati; Lilia Kieltyk, CT Department of Economic & Community Development; Elliot White, Record Journal; and representatives from Manafort Brothers, Inc. and The Michaels Organization for the ceremony.
The Michaels Organization will develop the site, known as 11 Crown Street, into an 81-unit mixed used development. Sixty-four units are slated for households with incomes up to 60 percent of area median income, including 20 units with Project-Based Section 8 Rental Vouchers, and 17 units under HUD's Supportive Housing Program for homeless individuals and special needs families.
The total development cost is projected at $30.6 million. The City purchased the building in 2014 for $495,000 under HUD's Sustainable Communities Planning Grant Program. The City was also awarded $1.7 million in CT Department of Economic and Community Development Brownfields Cleanup funds to begin the project, which includes the demolition and site cleanup. The development will also utilize Low-Income Housing Tax Credits.
Eleven Crown Street is a transit-oriented development, located near the new high-speed rail station and within walking distance of commercial facilities, a community college and a public library. The development will occur in two phases, including an apartment building facing the Meriden Green and row-style homes bordering South Colony and Crown Streets. Eleven Crown Street represents a key phase in Meriden's goal to transform its central business district by developing 600 new rental housing units and 60,000 square feet of retail space.
|Content Archived: December 13, 2018|