Colony Street Redevelopment

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.