Meridien

Foss & Company closed on a historic tax equity investment for the Colony Street Redevelopment, a transformational mixed-use project in downtown Meriden, CT. The development will revitalize five historic buildings near the city’s commuter rail station, creating 69 new apartments-including 19 affordable units reserved for residents earning 60-80% of area median income-alongside 9,436 sq. ft. of retail and commercial space. Designed as a transit-oriented development, the project is expected to catalyze economic revitalization in the neighborhood while preserving Meriden’s historic character. Backed by experienced developers, the $20 million redevelopment is supported by $3.07 million in federal historic tax credits and $3.19 million in Connecticut state historic tax credits. Completion is anticipated in May 2026. Learn more in our press release. PROJECT DETAILS LOCATION Meriden, CT AMENITIES 69 new apartments-including 19 affordable units and 9,436 sq. ft. of retail and commercial space