Two 16-story towers containing 470 apartments and 28,000 square feet of retail and commercial space are now slated to be built next to Union Station, per the governor’s announcement Wednesday of a major new transit-oriented development. According to the governor’s press release, the $316.1 million project will be led by Gilbane Development Company and MURAL Real Estate Partners. Construction will unfold in two phases. The first, scheduled to begin in late 2026 and finish in early 2028, will include 280 units and 393,000 square feet of development. The second phase is slated to begin in August 2029 and wrap up by November 2031, delivering the remaining 190 units and 286,000 square feet. At Wednesday’s presser, Elicker said that 20 percent of the new apartments will be reserved for households making no more than 50 percent of the area median income (AMI), which currently is around $45,500 for a two-person household. Elicker said an additional 5 percent of the new apartments will be reserved for those earning up to 80 percent AMI, which currently translates to $72,800 for a family of two.
https://www.newhavenindependent.org/article/316m_union_station_tod_revealed