Meriden breaks ground on Intermodal Transit Center, creates 259 new jobs

MERIDEN, Conn. — Construction of a mixed-use residential and retail complex and parking garage on Colony Street in Meriden broke ground in July as part of a larger plan to establish a Transit-Oriented Development district in connection with the city’s new Intermodal Transit Center.

The construction of the new mixed-use complex and garage is a collaborative effort between the Connecticut Department of Transportation, Meriden Housing Authority and the Connecticut-based Westmount Development Group. It is expected to generate $36.67 million in regional economic activity and create 259 new jobs.

“With this investment, we are revitalizing an area of downtown Meriden that will be a catalyst for further growth and private investment and will connect residents to increased transit opportunities, increased economic activity, and increased job opportunities,” said Gov. Dannel Malloy.

The Colony Street complex will support the affordable housing and redevelopment goals of the City of Meriden while also stimulating economic activity in the area within a half-mile of the new Meriden Intermodal Center, which is being built in preparation for an anticipated expansion in transit passenger service with the completion of the “Hartford Line” — a 62-mile commuter rail corridor between New Haven and Springfield.

MHA and Westmount are overseeing work on the mixed-income apartment and commercial complex, and are partnering with CTDOT for the construction of a 275-space parking garage that will dedicate 225 spaces to commuters. The 71,000-square-foot complex will include 63 apartments and more than 11,000 gross square feet of commercial and retail space.

Source: CT.Gov

 

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Noah Milligan

Noah Milligan works as a banker by day, specializing in financing commercial real estate and loan workouts on a national platform. By night, he has delusions of becoming the next Cormac McCarthy. His short fiction has appeared or is forthcoming in Empty Sink Publishing, Ridi...