Ground Broken On 150-Unit Affordable Housing, Transit-Oriented Apartment Complex In The Hill: City

NEW HAVEN, CT — Monday, city and state officials celebrated the groundbreaking of the new 10 Liberty St., affordable housing apartment complex on the former Electrix Illumination factory site in the Hill neighborhood.

Steps away from Union Station, the project will transform the long-vacant and contaminated industrial site into a new five-story development of deed-restricted housing, according to a news release from the office of Mayor Justin Elicker. Nearly all units are "affordable, below-market rate rental units for households between 30 percent and 80 percent of the area median income, according to Elicker.

The project will also include the development of adjacent streets and sidewalks, 136 on-site residential parking spaces, and outside storage for 45 bikes on the 1.73-acre site, the City noted.

The new complex will utilize geothermal-powered electricity and a solar array to leverage renewable energy sources and enhance energy efficiency among its residents, a news release reads.

In total, the project represents a $73 million investment — funded and financed with support from the Connecticut Department of Housing, Connecticut Department of Community and Economic Development, Connecticut Housing Finance Authority, and Bank of America — and is expected to be completed in approximately two years, Elicker said.

"The project is the latest in the city’s ongoing efforts to create 10,000 new housing units over the next decade and to create more walkable, livable, and economically vibrant neighborhoods across the Elm City," according to the Mayor's office.