Developers and city officials this week marked the progress of The Residences at Canal Place, a new $50 million, mixed-income project that will bring 176 apartments to New Haven’s Science Park area. The project, at 222 Canal St., borders the Dixwell and Newhallville neighborhoods, and is a prime location across from the Farmington Canal Trail, said developer Yves-Georges A. Joseph II, founder and principal of RJ Development and Advisors along with Jason S. Rudnick. The project is a public-private partnership between the development team and New Haven, with $3 million in American Rescue Plan Act funds from the city, and work by the Local Initiatives Support Corp., a nonprofit community development financial institution.
https://www.hartfordbusiness.com/article/50m-apartment-development-taking-shape-near-new-havens-science-park