$316M Development Project Coming To New Haven

NEW HAVEN, CT — Gilbane Development Company and MURAL Real Estate Partners have been selected to lead a privately developed transit-oriented, mixed-use community at New Haven Union Station, Gov. Ned Lamont and Connecticut Transportation Deputy Commissioner Laoise King announced Wednesday.

The $316.1 million project will convert “underused state-owned land at Union Station into a vibrant, mixed-use development anchored by two 16-story towers, bringing new housing, retail, and jobs just steps from rail, bus, and bike connections,” according to a news release.

“The project will deliver 470 new apartments, including 118 affordable units, alongside more than 28,000 square feet of retail and commercial space, 26,000 square feet of residential amenities, and 294 parking spaces to serve both tenants and transit customers. Construction will be completed in two phases,” the news release states.

The first phase is scheduled to begin in late 2026 and be completed by early 2028, according to officials. The second phase will start in August 2029 and wrap up by November 2031.

“This is exactly the kind of forward-thinking development we need to see more of in Connecticut,” Lamont said. “We’re creating new housing, including affordable units, while strengthening public transit and growing the local economy. It’s a win for New Haven and a model for the rest of the state.”

Read more from the news release below:

“The New Haven Union Station redevelopment is part of the Connecticut Department of Transportation’s larger strategy to reimagine underused state land at transit hubs across the state,” King said. “In communities around the state, our goal is to turn these under-utilized parking lots into neighborhoods that encourage transit activity and long-term economic growth.”

Ed Broderick, CEO of Gilbane Inc., said: “You can’t get more transit-oriented development than building nearly 500 new homes right next to one of the busiest train hubs in the northeast. Gilbane is honored to partner with the State of Connecticut, the City of New Haven, and Mural Real Estate Partners on this transformative project. This is precisely the kind of visionary development that helps combat the housing crisis and reconnect communities.”

“Union Station is one of New Haven’s most iconic and important places of connection,” Robin Zeigler, founder and CEO of MURAL Real Estate Partners, said. “This project represents an opportunity to further weave it into the life of the city – with new mixed-income residences, an engaging mix of retailers and local businesses, and public spaces that welcome both residents and visitors. We’re honored to partner with the State of Connecticut and Gilbane on this transformational effort and look forward to delivering a place that reflects and serves the New Haven community.”

In addition to this transit-oriented development project underway in New Haven, the Connecticut Department of Transportation will issue a request for proposal this summer for another transit-oriented development project in Stamford.

The Connecticut Department of Transportation is also studying 18 state-owned parking lots for potential transit-oriented development projects in partnership with cities, towns, developers, and other stakeholders. Station locations being studied include Branford, Darien, Fairfield, Stratford, Wallingford, Waterbury, West Haven, and Wilton, among others.