Shelton developer bringing 55+ housing to city

The local developer, owner of S&G of Shelton, is in the process of constructing phase one of The Crossroads, a 55 and older active adult community, the first such development built in the city since the 1970s, according to the nearly lifelong Shelton resident. S&G of Shelton originally filed a proposal in 2018 to develop this 5.57-acre site — which sits between Bridgeport Avenue and Route 8, essentially behind the Crown Point Center retail area and near a large recycling facility — that was denied by the commission. Perry then appealed the ruling in court. The appeal was ultimately settled before the pandemic, with Perry agreeing to make 10 percent of the units (three total) affordable under the state statute 8-30g — which governs qualifying affordable units under state law. All units are deed restricted to individuals 55 and older.

https://www.stamfordadvocate.com/news/article/Shelton-developer-bringing-55-housing-to-city-17123392.php

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