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Development Advances for 201 Munson Street Project in New Haven, CT

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NEW HAVEN, Conn. - April 19, 2019 - Rezul -- RESIGHT Holdings, LLC is pleased to announce that its brownfield project in New Haven, Connecticut is ready to proceed to the next development stage. RESIGHT has sold its interest in the land to a vertical development team headed by Hudson Meridian Construction Group and the Ironburgh Organization, a New York City development team.

In 2017, RESIGHT acquired the 13-acre parcel adjacent to the Science Park redevelopment, which had been part of the historic Winchester Rifle manufacturing complex. Teaming with Eclipse Development Group, RESIGHT worked with Connecticut environmental regulators, the City of New Haven and a team of brownfields experts to develop the needed environmental remedy plan and to reposition the property for residential development. Rezoning for an apartment community was approved by the New Haven Alders in 2018. RESIGHT participated in funding the demolition and site clearing, which are nearly complete. The remaining, limited environmental remedy will be completed as part of the new development.

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RESIGHT is proud to pass the reins to a team of experienced developers, including Hudson Meridian, Ironburgh, Eclipse Development Group, and private investors. RESIGHT is confident that the new ownership will build a project, which complements the New Haven community.

About RESIGHT

RESIGHT Holdings, LLC (headquartered in Denver, Colorado) is an environmentally conscious real estate investment company with a focus on sustainable redevelopment. RESIGHT specializes in acquisitions, divestitures and mergers of impaired real estate in primary and secondary markets throughout the U.S. and Canada.

RESIGHT Holdings, LLC is located at 7921 Southpark Plaza, Suite 109, Littleton, CO 80120. Phone: 303.972.6633

For more information, please visit https://www.resight-ai.com/

Source: RESIGHT Holding, LLC
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Filed Under: Real Estate

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